Building credit starts with regular payments

Making Regular Loan Payments is the Best Practice for Building Credit

Building Strong Credit

Did you know that receiving an auto loan and making timely payments is one of the fastest, most efficient methods for building credit and strengthening your credit score?

It’s true. No matter who you are or what predicament led to your bad credit or no credit situation, there’s perhaps no greater way to reinvigorate your score than to take on a loan and make consistent payments in compliance with the agreed-upon terms. And if you complete your monthly payment ahead of the due date on a regular basis, you’ll see the number attached to your credit rocket into the stratosphere in short order.

You can experience a sharp rise in creditworthiness after only six to 12 months of timely loan payments. So, why wait to build a good history with the credit bureaus? Take the first step towards changing your life for the better now with Source Save Money!


Latest News

No Credit, No Auto Loan?
by savemoney, January 26, 2018, 2:40 pm
A lack of credit can hurt your chances for obtaining an auto loan, but we can help!Everyone is different, and it isn’t unthinkable to lack a distinguished credit history. Maybe you are young and only just starting out in the...
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Bad Credit and How to Repair It
by savemoney, January 24, 2018, 11:54 am
We get it—things don’t always go like you planned. A mistake or two, loss of employment, divorce, bankruptcy, or simple inexperience can lead to poor credit. Traditionally, securing an auto loan with bad credit lurking over...
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Car Buying Made Easy
by savemoney, June 5, 2017, 4:40 pm
Although the thought of buying a new vehicle brings excitement, it also brings anxiety and fear of the unknown. So many unanswered questions before you even put foot on the dealership lot.1.    Do I know what vehicle I really...
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A Quick Note on Us
by savemoney, June 5, 2017, 4:26 pm
Are you in the market to purchase a new or pre-owned vehicle? At Source Save Money, we understand that making a major purchase can be stressful and time consuming. Feel confident that you can take advantage of over 90 years of...
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