Sentences with phrase «timely payments on a car»

«For example, if you're currently making timely payments on a car note but have no other positive credit that's active, then you should obtain two secured credit cards and use them regularly.»

Not exact matches

How timely do you make your mortgage payment, a car payment, or pay on the balance of your personal credit cards.

For example, if you don't make timely payments on the vehicle, your creditor may have the right to «repossess» — or take back your car without going to court or warning you in advance.

Whenever you make a timely payment on a bill (credit card, car, utilities), you're building your credit score — a number that represents to lenders how financially responsible you are.

Most used cars qualify for the same rates as new and are currently as low 3.75 % APR1 (rate based on, 100 % loan - to - value, 36 month term, $ 10,000 and higher financed), even with no down payment — and you'll get a timely credit decision, too.

The good news is that you can work on your credit after getting the car loan — including making timely payments on the new loan — and after six months or so, you may want to look into refinancing at a better rate with your new, higher score.

If you don't — or can't — make timely payments on your vehicle, your creditor may have the right to repossess your car without going to court or telling you in advance.

Here's the rub for Hispanic borrowers: When looking at payment history, the FICO scoring relies on whether payments have been timely on credit card bills, mortgages, car loans and the like.