Delray Beach, FL (PRWEB) December 14, 2009
NationalCreditReport.com, an industry leader in credit monitoring services, explains to consumers the difference between a good credit score to buy a car and a bad one. It's become very important for consumers looking for online and offline auto loans with good or bad credit scores to know this information to ensure they are receiving the lowest auto financing interest rate available.
Car dealerships base their auto financing programs on how high a person's credit score is when buying a car. When an auto company sees a buyer with great credit, they will offer the best interest rates otherwise they risk losing a customer looking elsewhere - offline and online for auto loans with good or bad credit. By knowing what your credit score is you will know if you're getting the best interest rate or if you should price out other dealerships.
"Knowing your credit score when buying a car, will give you an advantage when trying to finance a new or used automobile. Monthly payments could fluctuate by hundreds of dollars depending on someone's credit score and credit history," said Samuel S. Ambrose, Vice President of Marketing and Operations at NationalCreditReport.com. "We recommend people check their credit reports at least twice per year and again prior to making any big purchase to review financing options."
Since 2004, NationalCreditReport.com has specialized in providing a variety of free credit history reports and information to consumers to help protect them from identity theft. The Company helps people obtain the best interest rates for credit cards, auto financing and more by providing important information when looking for online auto loans with good or bad credit, by offering free instant credit reports.