Tuesday, June 18, 2013

Having a High Credit Score Could Mean Big Savings for You!

At Texas Motors Ford, we want you to shop smarter by saving time and money.


Your credit score is a number used by lenders that represents your credit worthiness and likelihood to repay a credit card or loan. Having a high credit score means you are a borrower who is less likely to default, so a better interest rate can be offered potentially saving you thousands of dollars. A low credit score means you may be considered a poor credit risk, therefore, a higher interest rate and down payment may be required or the credit may be denied altogether.


Knowing your credit score can make shopping for a new vehicle easier, which is why Texas Motors Ford offers Black Book’s Credit Estimator.  The process is fast and easy. We’ll quickly deliver your credit score estimate without asking for your social security number or making any credit bureau inquires.


The credit score provided is an estimate based on the answers you provide and does not use actual data from a credit report. We use a score range which should closely match the credit score provided by a national credit bureau.

The general factors that affect your credit score are:















Your credit score is not affected by non credit-related information such as:
  • Race, color, religion, national origin, sex and marital status
  • Public assistance information
  • Income or employment history
  • Place of residence
  • How much savings you have
  • Interest rate(s) charged on your credit card or other accounts
  • Child or family support
  • Rent payments
  • Inquiries regarding your credit report that are made for promotional, administrative or informational purposes (applications for a new loan or credit, however, are considered.)

Your credit score is not the only consideration in making a loan decision, but it does provide a strong indication of your likelihood to repay a debt. Lenders will have other loan decision guidelines which may include your employment history and your ability to make the payments, among other things. At Texas Motors Ford, we work with many local and national lenders.  Let us go to work for you! Click here to get started!



Shop online at Texas Motors Ford or come in today for a great deal on a new Ford!

Call 800-519-9021 and speak to our friendly staff today! Learn about our latest specials, set up an informative test drive, get details on any vehiclerequest a brochure, schedule a service appointment, discuss your trade-in or even talk financing on your next car. We are here to help you.

Texas Motors Ford is your local Ford dealer located in Fort Worth, TX. Your satisfaction is our goal!

Still deciding on which Ford you’d like to be driving? Are you comparing lease specials orinternet specials? Maybe you simply want our best price on a new or used car? For all of this and more, look no further than Texas Motors Ford. Our team is made up of professional associates that offer you a no-pressure environment and operate with the quality you’d expect. We look forward to helping you with your next new or used car purchase.


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