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Leasing Tip: Protect your credit at all costs. The best way to do this is to put your request in the hands of only ONE
leasing company. Sending your application to various sources in an attempt to find the best deal only lowers your credit score and your ability to get the best rate.
Each time your credit is pulled, the name of the company that pulled your credit is added to a cumulative list on your credit report.
Banks and funding sources alike frown upon a variety of leasing companies on this list as it reflects the possibility that you have been turned down repeatedly or you are attempting to secure more than one loan.. In some cases this may result in an automatic decline. Many pulls to a credit report may also lower your score.
Avoid automatic on-line applications. That is an easy way to abuse the credit process. Also, some banks and funding sources do not accept on-line applications for various reasons and may exclude you from
sources that have the best interest rates.
Please call for a Credit Analysis. We would be happy to answer any and all of your questions candidly and for FREE.
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