There is a lot of information floating around about credit scores, much of that information is false.
Seattle, WA (PRWEB) December 18, 2014
Having bad credit can hurt a buyer in many ways but relying on misinformation can make fixing a credit score that much harder. There is a lot of information floating around about credit scores, much of that information is false. The bad credit auto lender, Complete Auto Loans, shares 4 bad credit myths in their newest article.
https://completeautoloans.com/application-form/ – Get approved for a car loan in as little as 60 seconds.
One myth the no credit check auto lender shares is that paid off debts will be removed from your report saying “Paying off debts is a great step to building your credit score back up but even paid debts can hurt your credit. Lenders report negative information such as late payments and bankruptcies to credit bureaus for 7 and 10 years respectively.”
Complete Auto Loans also encourages shoppers to check their credit score. Using this complimentary online tool, shoppers have been able to save thousands of dollars on their loan. For more information, visit Complete Auto Loans’ website.
About Complete Auto Loans
Complete Auto Loans is a Seattle-based company that is dedicated to helping their customers acquire national car financing. They design and develop customized no credit financing, bad and good credit loans. Voted the best for "Quality Customer Service" and "Best National Service" by thousands of people, their finance experts focus on providing their customers with the following: information and tools available for different loan offers, how to choose the best loan that fits their budget, as well as related eligibility guidelines.