Posts Tagged ‘save money for a car’

How to Increase Your Credit Score With Drive Casa

Tuesday, March 5th, 2019

Is it really possible to get better credit by financing a used car? The answer is yes! When you’re struggling with credit issues and know you need a better car, it’s easy to feel hopeless…But there is hope! Here at Drive Casa, we are a Buy Here Pay Here dealership that specializes in financing those who don’t have credit or have bad credit.  Continue reading to learn how buying a used car can improve your credit over time! 

Establishes a Line of Credit

If you don’t have any credit built up, financing a used car can help establish a line of credit! As long as you are proactive with your payments, your credit will build overtime.

Pay On Time, Every Time

Paying loans like mortgages, student loans, or car loans on time can increase your overall credit score greatly! We will work with you to find a car payment that fits your budget so it’s easy for you to make your car payment on time each month.

However, if you do not pay your car note on time, it can decrease your credit score.

Check Your Credit Score 

When you apply for an auto loan, we’ll go over your credit report with you to make sure everything is accurate. The Federal Trade Commission has found that 5% of consumers have mistakes on the credit reports that affect their overall credit score. You can contest errors that you may find on your credit score. It is important to make sure that your credit report is accurate, removing any errors can improve your overall score.

Interested? Visit our website to get pre approved today or to browse our large inventory!

How To: Save Money For A Car During Holidays

Thursday, December 14th, 2017
Save-Money-For-A-Car

Starting to save money for a car can feel overwhelming, but it’s possible to start saving money for a down payment by monitoring your spending – even during the holiday season. Develop better saving habits now and you’ll not only be able to get the car you want, you’ll reap the benefits for many years to come.

 

Create a Budget

When you save money for a car, you have to keep in mind that the more money you put down, the lower your interest rate and monthly payments will be. By creating a budget, you’ll figure out how much your monthly payment should be, monitor your expenses, and set a goal for a down payment. Here’s a helpful guide to get you started.

 

Pay with Cash

It’s easy to forget how much money you are spending when swiping a card. Once you have determined how much money you can use for gifts and other expenses, make sure to visit the ATM and withdraw the exact amount. Not only will you be much more aware of how much money you are spending, it’s less likely that you will go over budget. If you can stick to your gift budget, you’ll have more ability to save money for a car.

 

Opt for Homemade Gifts

Homemade gifts can be more meaningful and heartfelt than an expensive toy. Your friends and family will appreciate the time you spent making their meaningful, personalized gift. Plus, you’ll save money for your car. For ideas on what gifts you can make, click here.

 

Start Early

Black Friday and Cyber Monday are a great opportunity to save money on gifts. You can also monitor the products you want months before December and take advantage of any flash sales or reduced prices. By starting your holiday shopping early, you’ll avoid stress and find the things you need in time for the holidays.

 

The holidays don’t have to be a time where you need to spend a lot of money and break the bank, if you follow these tips you can save money for a car. Stick to your budget, be smart about your spending, and you’ll be one step closer to getting the car you want.