When it comes to the Lexus financing process, Fields Lexus of Glenview is here to help every step of the way. We’re dedicated to matching drivers with vehicles that fit their driving needs, all while meeting their budget. There are many different ways to get the best terms for your next ride, including raising your credit score, and our Lexus dealership has the best practices and tips for doing just that.
Pay Down Debt
For the most part, you’ll want to keep your credit usage below 30%. Once your credit usage goes above that much, it can significantly impact your credit score. Paying down your debt or making sure you pay off your credit card bills each month, can help to improve your credit score and can make more great new Lexus models available within your budget.
Pay Your Bills Regularly
In addition to paying down the larger debt, you’ll want to make sure you pay your bills regularly. To the best of your ability, you’ll also want to pay more than the minimum requirement for the bills each month, as this will make it easier and faster to pay off the principal amount.
Ask for a Higher Limit
Another way to reduce your credit usage is to increase your line of credit. That means that even without changing the amount you use, you’ll be using a smaller percentage of the total credit line. Just note that you typically need to have a good history of payments to be eligible for a line increase.
Come Down to Fields Lexus of Glenview for Financing Support
Here at Fields Lexus of Glenview, we believe the Lexus financing process should be as smooth and easy as possible. That’s why we offer a range of financing tools, like an easy online finance application and vehicle trade-in value estimator. Visit our dealership to take the next step in your vehicle financing process today!
