Few Good Cars, LLC

Few Good Cars, LLC Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Few Good Cars, LLC, Cars, 24901 Northwestern Highway, Southfield, MI.

11/30/2021

Hiring… all positions.

06/04/2020

Purchase items you can pay quickly and pay in full.

Another way to increase your credit is to purchase items you won’t struggle to pay. While you shouldn’t purchase items you can’t pay, it’s no surprise how many people do, just look at our economy. By purchasing items you can pay quickly you generate full payment inquiries on your report. A positive inquiry is better than negative so don’t buy things you can’t afford.

06/04/2020

Avoid using credit card introductory offers.

They might help you in the short run financially, or get you out of difficult debt, but as a long term solution they will most likely hurt you. Lenders want to acquire customers that are loyal because there is a cost associated for each loan. They would rather lend money to someone who is very likely to stay than someone who has a very unlikely to stay and move their money over at the next good looking introductory offer.

06/04/2020

Shoot for 10%.

The less of your available credit you use, the more FICO rewards you. Keeping your credit utilization below 30% on your cards is good; getting it below 10% is even better. If
you regularly use more, ask for a higher limit, spread your charges out on more than one card or make two payments every month -- one just before your monthly statement closing date to lower the balance reported to the credit bureaus and a second one just before the due date to avoid late fees.

06/04/2020

Arrange automatic payments for every card or loan.

Credit scores are extraordinarily sensitive to whether you pay your bills on time, so don't let travel, a busy schedule or a simple brain fart trash your scores. Most lenders will let you set up automatic payments that take an amount you specify the minimum payment, a set dollar amount or the full balance every month from your checking account.

06/04/2020

Raise your Credit Score... Fast!

Your debt to credit ratio is your ratio of debt to total available credit you have been extended (revolving accounts only). For example. If you have $10,000 in total unsecured revolving credit accounts and you're currently in debt $2500, then your debt to credit ratio is 25%. Since the main way lenders make money is by charging interest, one of the elements of the credit scoring model is driven by your ability to maintain balances and pay over time. This shows your true (long term) credit worthiness which is most profitable to lenders since they make money primarily via interest and not annual fees.

06/04/2020

Pay your bills on time.

If you pay all your bills on time then the odds are good that you will make the payments on a
new debt on time, too, and that is certainly something every lender wants to see. Experts think
that up to 35% of your credit score is based on your paying of bills on time, so this simple step is
one of the easiest ways to boost your credit score.

Address

24901 Northwestern Highway
Southfield, MI
48075

Website

Alerts

Be the first to know and let us send you an email when Few Good Cars, LLC posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share

Category