Skip to content

Fixing Your FICO Score For A Car Loan in Dallas

Fixing your credit score for a car loan in DallasMany car buyers don’t know what a FICO score is and what it means to your credit when you are going to buy a car. Your credit score can hurt your chances for a car or it can help them. Most credit scores in the US are calculated by software. And your credit score is based on a rating from your credit report.


Minimum requirements for a FICO score is at least one account that has been open for six or more months. You also have to have one undisputed account that has been reported to the bureau for the past 6 months.  And no notifications of decrease on your credit report.


You FICO score in Dallas ranges between 300 to 850 the higher the score the better credit you have and the better credit you have the better chance you have to get a car in Dallas. What is not on a FICO score is your age,sex, interest rate, and religion.

The way your FICO score is calculated is by your debt utilization, payment history, length of credit history, and new credit. Healthy payment practices are paying your bills on time and pay off any bills that have been late.


Keeping your bills low will help you maintain a better credit score. Try and pay off your credit card debt and stay in the positive. Lastly, check your credit report annually because sometimes credit reports can have the wrong information on them that might hurt a car buyers chances.



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.