Credit errors could be a roadblock when buying a new car.

Don't let inaccurate credit information stop you in your tracks.1-844-862-2020

Your credit HISTORY will DETERMINE your AUTO LOAN INTEREST RATE. WILL eRRORS COST YOU?

Buying or leasing a new car is an exciting milestone in your life—don’t let credit errors put a damper on the experience by increasing your interest rate. Your credit score is one of the main factors that will determine your interest rate, whether you’re buying or leasing, and a low score could end up adding hundreds or even thousands to the total you pay for your new car. That’s why it’s important to be 100% sure that your credit report contains no inaccurate information before you even begin car shopping.

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CORRECTING SMALL ERRORS CAN HAVE A BIG IMPACT.

Undetected errors in your credit report can cause problems when you prepare to make financial decisions. If you plan to buy a new car and inaccurate credit data is negatively affecting your credit score, correcting it could help you in the following ways:
  • Lower interest ratio on your auto loan or lease.

  • Lower auto insurance premiums.

  • Get approved for an auto loan or lease.

Inaccuracies in your credit could throw
a wrench in your car-buying plans.
Here’s how.

When most people buy a car, they usually take out an auto loan to cover all or a part of the cost and then make monthly payments with interest. The amount of interest you pay is determined by your credit score, amount borrowed, down payment and debt-to-income ratio. The higher your credit score, the lower your interest rate, and the less money you have to pay over the course of the loan. See how your monthly payments can be affected by your credit score below:

A 60-month $30,000 fixed rate loan for a new automobile

Credit Score APR Monthly Payment Total Interest Paid
720-850 3.3% $544 $2,611
690-719 4.7% $561 $3,689
660-689 6.8% $590 $5,429
620-659 9.3% $629 $7,712
590-619 13.8% $694 $11,633
500-589 14.8% $711 $12,655

In this example of a $30,000 loan principal, the difference adds up to thousands of dollars over the 60-month loan term! That’s why it’s important to make sure there aren’t errors on your credit report that are damaging your score.

1-844-862-2020

20/20 CREDIT CAN GIVE YOU A
NEW LEASE ON ACCURATE CREDIT.

Don’t wait until it’s time to buy a new car. Call 20/20 Credit before you start shopping to make sure that your credit is free of errors that could affect your interest rate and even your ability to get approved for a loan. Let us help get you on the road, faster than the competition.

See what else makes our credit repair
service stand out from the competition:

  • We correct errors up to 4x faster than our competitors to get you on the road in no time.

  • Pay only $89 per month for unlimited error correction
    —all that extra money can go towards gas.

  • With our combined total of 200 years of experience, we have the know-how to put you in the driver's seat.