We want to help. Whether through the eBook or more directly by helping people with poor credit get affordable auto financing and improve their credit history.
Houston, TX (PRWEB) April 12, 2013
For people with poor credit histories--or no credit history at all--a new eBook is available that explains how to build a positive credit score. The eBook, titled "The Road to Good Credit: How to Start Building Your Credit with In-House Auto Financing," was produced by Shabana Motors and can be downloaded from their website.
The 10-page eBook explains how credit scores are calculated. Based on that information, it then lists steps that people can take to improve their credit scores. Credit-building steps include paying bills on time, paying down debt balances and increasing available credit limits. It also recommends utilizing easily-obtained forms of credit, such as the in-house auto financing provided by Shabana Motors, to build a positive credit history and eventually qualify for other types of loans.
Credit scores are important in the modern U.S. economy, where cash purchases have become a rarity. According to a 2012 report by Javelin Strategy & Research, only one-third of all point-of-sale purchases are made with cash or check. For large purchases such as automobiles or houses, credit financing is the norm. People with low credit scores find it more difficult to obtain financing for such purchases, and face the added expense of higher interest rates when they are approved.
"A low credit score serves as an economic handicap," explains Sergil Rahmtulla, General Manager of Shabana Motors. "It makes it more difficult to achieve the American dream of owning a home and a car. Some employers even check credit scores before hiring, which can make it harder to get a job and make the income necessary to improve your credit."
"That's why we want to help," Rahmtulla added. "Whether through the eBook, or more directly by helping people with poor credit get affordable auto financing and improve their credit history."
About Shabana Motors
Shabana Motors is a used auto dealership that has been serving the Houston area since 1979. As a "buy here, pay here" dealership, Shabana specializes in providing in-house credit financing to people who may not qualify for a bank loan. For more information, contact them at 713-270-9005, or visit their website.