Getting pre-approved for auto financing gives you a clear picture of how much you can afford and more confidence when you walk on the lot. With these quick tips and our online credit application at Jenkins Acura, getting approved for Acura financing is easier than ever.
Check Your Credit
If you’re uncertain about your credit score or credit history, it’s a good idea to check before applying for anything. Many sites can help you request your annual free credit history report, which will tell you your debt level, current credit score, and more. Check your report for inaccuracies or for any recent debt payments that haven’t been reported yet.
Pre-Qualifying and Pre-Approval
They may sound similar, but getting pre-qualified is not the same as getting pre-approved. When you apply for pre-qualification, the lender makes a soft credit check and gives you a range of potential financing plans, but you may get a different offer when you actually apply. Pre-approval involves a hard credit check, but the offer you receive will be closer to what you will ultimately be offered.
Improving Your Credit
If you have your heart set on a particular vehicle, you may not get pre-approved for enough to finance it. Focusing on building your credit, making regular payments, and reducing your debt will improve your application over time. However, in the short term, you may need to make a bigger down payment or bring in a co-signer with a stronger credit history.
Apply for Financing at Jenkins Acura
Whether you’re using our online credit application or talking to our expert finance team at our Ocala Acura dealership, applying for a car loan is easier than ever at Jenkins Acura. Take one of our thrilling cars for a test drive, then talk to our team about financing today!