Does Credit Matter When Applying for Car Financing?

Whether you want a new Mitsubishi vehicle or a used Mitsubishi automobile, our location should be your destination because we have a generous selection of new and pre-owned Mitsubishi cars on our lot. Drivers who are in the market for a vehicle often ask us what we'll need to review to process their finance applications. In addition to having to see proof of your income, identity, and residence, we'll also review your credit score when you apply for financing through our Mitsubishi dealership.

Does Credit Matter?

Having been a Mitsubishi dealer serving San Antonio, TX and nearby communities for years, we've helped a near-countless number of area drivers secure financing. In every case, we've taken a peek at an applicant's credit score.

It doesn't matter if you want a new or used Mitsubishi model. Your credit history will have an influence on the loans you're eligible for. In general, people with better credit qualify for loans that have more advantageous terms such as a lower interest rate. Although that's true, people with average, poor, or no credit can still qualify for an auto loan.

If your credit score isn't the best, applying for a car loan through our Selma, TX Mitsubishi finance center is probably a good idea. By making your monthly loan payments on time, you can establish a credit history or improve your existing credit score over time.

How We Can Help

When you visit our Mitsubishi dealership near University City, TX , our sales and finance experts will put you at ease immediately. The car buying process should be a fun experience, and that includes the portion of the process that involves financing. We know you're more than a three-digit number, which is why we'll gladly help you secure an auto loan no matter what your credit score might be.

If you didn't complete a loan application online, we'll help you fill out the requisite paperwork. We'll also talk to you about your current financial situation and any lifestyle changes you might be expecting to occur in the foreseeable future. Our finance pros will talk to our trusted lenders and advocate on your behalf. We'll then present the offers you're eligible for and help you choose the one that has the most favorable terms.

For more information about how your credit score influences the auto loans you're eligible for and their terms, visit Gillman Mitsubishi to talk to our talented team today.