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Category Name: Credit

Car Repossession in Colorado

Car Repossession in Colorado

Automobile repossession occurs when a lender takes back possession of a vehicle from the borrower after one or more missed payments. The lender may pick it up with the assistance of a towing company or through what is known as “voluntary surrender” of the vehicle. At Econo Auto Sales, we work with you every step [...]
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How a Credit Score Affects Car Buying

How a Credit Score Affects Car Buying

A credit score is a number given to an individual by a credit bureau that is designed to help those in charge of handing out loans determine whether or not the individual is credible and worthy of a loan. A high credit score suggests the individual has a history of making payments on time, whereas [...]
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5 Ways You Can Rebuild Your Credit After Bankruptcy

5 Ways You Can Rebuild Your Credit After Bankruptcy

Filing for bankruptcy can take a real toll, but it is actually possible to rebuild your credit if you take certain steps and proceed wisely.   You’ll have to wait until you receive your “bankruptcy discharge”, the document that officially clears you from your bankrupt status, as this is the document most potential lenders will want to see before [...]
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Bad Credit and a Low Down Payment?

Bad Credit and a Low Down Payment?

There a few reasons why down payment is important, all to the customer's benefit, regardless of whether the customer has bad credit or not. 1. Uncle Sam: This dealership pays your taxes for you up-front. This means that a chunk of your down payment has to pay taxes before hitting the balance. When you take out a [...]
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Rebuild Credit

Rebuild Credit

How To Rebuild Your Credit History No matter how hard you try, there are times when your credit history may just take a huge hit. Whether you're forced to file for bankruptcy, go through a rough divorce, or just make poor judgments when it comes to handling your money, you'll likely see it reflected in [...]
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Bad Credit Car Loans

Bad Credit Car Loans

Bad Credit Car Loans It can be distressing to be turned down for a car loan by a dealership, and it can feel as if there is no hope for getting the car of your dreams when it occurs. When it does happen, many people settle for driving a vehicle that is less than ideal, [...]
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