Buy A Car with Bad Credit
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There are many reasons why your credit rating might go down, and not all of them are within your control. We here at the Capitol Used Car Center understand that, and we want to help you get into a great vehicle. And did you know that purchasing a car, truck, or SUV can actually help your credit score get better? For more information about buying a vehicle with a less-than-ideal credit score, keep reading!

  • Own Your Budget:
    If you're one of the many Americans who haven't created a monthly budget, now is the time to do it. Be sure to include emergency funds and a little for fun things, so it will be easier to stick to the budget. Staying out of debt is your first step in fixing or building credit.
  • Pre-Approval:
    Applying for pre-approval of a loan can take a lot of the stress out of the application process. It doesn't affect your credit score, and you can apply right here online with the Capitol Used Car Center.
  • Buy Used:
    When you buy a used vehicle instead of a brand-new vehicle, the lower sticker price will decrease your monthly payment, which in turn will increase your odds of being approved for a loan.
  • Find a Cosigner:
    If there's someone in your life who's willing to cosign on your car loan, the chance you'll be approved for the loan goes way up. Take a look at the Capitol Used Car Center website for more information about cosigning, or talk with one of our financing associates.
A line of vehicles stretching into the distance

How to Strengthen Your Credit:

  • Use Credit Cards Wisely:
    Do your best to never max out your credit card. Ideally, you should keep a balance just below 25% of the credit that's available on your card. Keeping that amount of a balance will not only prevent your credit score from being decreased because of hitting your credit limit, but you'll also have some credit on that card for emergencies like medical expenses.
  • Always Pay Bills On Time:
    Perhaps the thing that hurts someone's credit the most is missing bill payments. Whether you're more than a month late paying a bill, or you're often late by just about any amount of time on payments with a specific company, your credit rating will take a hit. If you're more likely to forget a payment than not have the money to pay it, consider signing up for auto-pay with one or more companies that you pay every month.
  • Lump Loans Together:
    Combining your debts from loans and/or credit cards - also called consolidating - makes a bigger difference than most people think. Having one or two debtors instead of several will help your credit score almost immediately; even if the overall amount of your debt is the same.
  • Stay Up-To-Date With Your Credit Report:
    There are several resources online to check your credit report for free. When you check your credit report, you might be surprised to see that there are one or more things listed on it which are either outdated, or not even yours at all! Contacting the necessary organizations to fix those errors is a fairly quick and easy way to improve your credit.

Capitol Used Car Center Does Things Your Way On the Parkway

For many people, automotive dealerships - and especially used car dealerships - conjure up images of shifty sales people trying to pressure you into buying things you don't need. It's no wonder why so many people dread the idea of shopping for a car. That's why at the Capitol Used Car Center, we've built our entire practice around doing things your way, at your speed. We're not here to sell you something; we're here to help you look for the car you really want. And when it comes to financing, we'll explain everything to you so that the complicated process makes sense. Then we'll walk through all of the options with you so that you can make wise decisions, and get a great car on financial terms that you're comfortable with. If you'd like to find out what it's like to buy a car, truck, or SUV without any pressure, confusion, or worry, come see us at 3235 Cherry Avenue Northeast in Salem, and we'll do things Your Way On the Parkway.

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