Pay Down Your Debt if Possible

Whether you have a poor credit score or a good credit score with a lot of debt, there are things you can do to set yourself up. If possible, paying down debt can help. The outstanding debt to income ratio is one thing that lenders look at to see where you currently stand. Some people have lower credit scores due to hardships in the past but now have low debt and high incomes. Others may have a lot of debt and a lower credit score as a result. Either way, paying debt down can improve this ratio.

Consider Getting a Co-Signer

Having a poor credit score does not need to limit you when shopping for cars. With the help of a co-signer, you can appear better in the lender's eyes. The co-signer will be a safety net for both you and the lender. As a result, the lender might be more willing to approve a better rate with someone backing you up. A co-signer tells the lender that if you cannot make the car payment, they will. Even if you are confident you can make the payment, a co-signer can benefit you and put you in a better position while improving your credit score.

Plenty of Model Options for You to Choose From

If you're ready to drive around New London in your dream car, it's possible right here at Central Auto Group. We have many different vehicles available, regardless of your credit history. Every brand from Ford and Mazda to Hyundai and Volkswagen is ready for purchasing.

Not sure what make or model you want? You can visit our showroom to take some vehicles for a test drive or browse online.