SANTANDER CONSUMER USA INC.
DALLAS, TX

That’s why it’s good to know your credit score before going into the car-buying experience. Since your credit report reflects how you manage your financial responsibilities, being aware of any and all debt associated with your credit score can help prepare you for the loan you receive from the lender. It also helps you have realistic expectations on the final amount of interest you wind up paying. This question often refers to credit history. When you have credit cards, home loans, auto loans and other financial accounts, paying these on time per the agreed upon terms helps show creditors and lenders that you pay back your debts and are reliable. Paying late on current or even past accounts can lower your credit score. Also, the amount of debt you owe on current accounts can have an impact on your credit score. Whether you want to save cash on financing for your existing car or are looking for a low interest rate and APR to buy your next vehicle, checking your credit position and building credit may help you get started. There are no hard-and-fast rules to building credit, but the CFPB offers these tips: pay your bills on time, every time; don’t get close to your credit limit; a long credit history helps your score; and only apply for the credit you need. *”Bad” or “poor” credit generally is considered a FICO score around 600 and below by sources including the Consumer Federation of America and National Credit Reporting Association (reported by the Associated Press), Bankrate.com, Credit.com, Investopedia, NerdWallet.com and others. The Congressional Budget Office identifies a FICO score of 620 as the “cutoff” for prime loans. FICO scores are not the sole factor in lending decisions by RoadLoans.com and Santander Consumer USA. Your financial success is important to us, so, we want to help you steer clear of problems with your auto financing. To help you make your monthly payment on time, we offer nine options, allowing you to choose the one that best meets your needs. Santander Consumer USA has programs that will help you sell more cars to more customers. We offer competitive rates and fast funding, and can finance customers with any credit profile. We are the industry leader in special finance, and can often offer approvals for your customers who have been declined by other banks. Chrysler Capital is a registered trademark of FCA US LLC and licensed to Santander Consumer USA Inc. ALFA ROMEO and FIAT are registered trademarks of FCA Group Marketing S.p.A., used with permission.