CINCINNATI, May 22, 2013 /PRNewswire-iReach/ -- If you are in the market for a used car but have bad credit then this information is going to be perfect for you. The first step to improve your credit score is to educate yourself on what makes your credit score good or bad. Mike Castrucci Auto Group wants to help drivers become more aware of what affects their credit score so they can become more proactive on helping their own score. Hard times can hit all of us so you should know what keeps your credit score from dropping and how to improve it. Mike Castrucci Auto Group wants to help you improve your credit score so you can get that used car loan in Cincinnati.
Let's start off with how your credit score becomes bad. There are many ways that your credit score can be affected negatively but the most common is missing a payment or being late with your payment. Your credit score is highly affected by your ability to pay your bills and loans on time. Other things that can negatively affect your credit score in Cincinnati are long periods of unemployment, bankruptcies or having your house foreclosed on.
To help maintain a good credit score you should pay your bills on time and use less than a quarter of your available monthly credit. When you use less than a quarter of your available monthly credit you show your independence from credit and help build a better credit rating. Steady employment is also another big factor in receiving a good credit score; it shows that you have the ability to pay your bills on time.
Since your credit score is highly affected by your payment history you should do your best to pay bills on time. An outstanding balance also negatively affects your credit score so you should do everything in your power to pay them off as soon as possible to help rebuild your credit so you can get a car loan to buy the car of your dreams.
For more information about how buying a new or used car in Cincinnati helps you improve your credit score you can contact the Mike Castrucci Auto Group directly at 877-457-5458 or online at www.mikecastrucci.com.
Todd Williams Mike Castrucci Auto Group, 877-457-5458, firstname.lastname@example.org
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SOURCE Mike Castrucci Auto Group