Helping Your Credit With Auto Repairs

By October 14, 2019Auto Repair
auto repair Philadelphia

There are a lot of things that can happen to your credit over the years. Perhaps you racked up a little debt you weren’t able to pay off in time and now, your credit is suffering. You want to get a loan for a house or something else and your credit score is prohibiting that. Did you know that you can use auto repair in Philadelphia, PA to help repair your scores? Here’s how!

When you go to the auto repair center for an oil change, how do you pay for the service? Most people use a credit card and you probably will, too. When your credit card bill comes in, you need to plan ahead and make sure you have the money you need in your account to cover the oil change and everything else you’ve spent. Don’t spend money on your credit card unless you have the cash in hand to cover it. Then, pay the bill in full every month…on time. Even if you only charge oil changes and gas to the card, (which is a good idea while you get debt under control), you will be proving that you are trustworthy and can pay things on time and in full. That will help you raise your credit score little by little so you can get the loan you need.

If you go to a banker, one of the things you can show to prove that you are good with making plans is that you have regularly serviced your vehicle. You can take in payment stubs that showcase that you have gotten an oil change every so many miles and other things that have needed to be done. You don’t ignore your responsibilities. This may or may not hold much weight with a banker, but it’s something, at least.

If you have a car loan, paying that on time or at least making the minimum payment can help you repair your credit scores as well. Sometimes, if you have debt in too many places, it can be hard to get the payments in. Consolidate those, if you can, all to one location and that can help you have just one payment that you can afford to make all at once.

While it might not show right away, when you charge your auto repair in Philadelphia, PA to a credit card and then pay that card off in a timely manner every month, you are doing your credit score a service. That will help you raise the score so you can get a mortgage or a loan for another reason with a lower financing rate. When you need an oil change or another service, contact the professionals at Schafer’s Auto Center by calling (215) 755-1270. We’re here to help with any car need you might have. At SAR, we won’t tell you that you need a service unless it’s what we would do on our own vehicle. Visit us soon at 1924 S Columbus Blvd Philadelphia, PA 19148.