Steps to Take Before You Apply

Last Modified: May 28, 2019 by Jeff Ostroff has compiled a list of the key steps you should take before you apply for a car loan. The last thing you want to do is think that all you need to do is fill out an online application and you're done. In order to make sure you get the lowest possible rate, you need to do some homework here folks!

How to Increase Your Chances of Approval

Credit card companies say it takes 60 days for paying off your credit cards to show up on your credit report, but who wants to wait 2 months before buying a car? One of our visitors filed a request for investigation of her report stating that the balances on these cards were incorrect, and the investigator looked up her correct balances. She checked 2 weeks later and it was changed. Also, by paying off 2 credit cards from 70% max credit level down to 0%, increased her credit score 100 points. That's the difference between paying 6% APR and 21%. has affiliate relationships with multiple web sites. We are paid referral fees for leads or sales generated from visitors that click on some links or fill out certain forms on this site. Please view our advertising policy page for more information.