How To Improve Your Credit Score in Lindsay, ON

How To Improve Your Credit Score in Lindsay, ON

Your credit score can greatly affect your acceptance rates when applying for loans. A comprehensive and affordable car loan is a major factor that can significantly affect the vehicle you buy. Here at Lindsay Dodge, we want to help you afford the car of your dreams from ourĀ new inventory. That is why we have outlined some top tips to improve your credit score and get better loan approval rates. Keep reading to learn more!

Monitor Your Payments

Being on top of your payments is one of the best ways to improve your credit score. Consistently making at least minimum payments on time can keep your payment history in good standing. Try signing up for electronic alerts or auto-pay if you have trouble remembering to pay your loans on time.

Use Your Credit Wisely

Try to stay below your credit limit as much as possible. Borrowing more than the authorized limit on your credit card can lower your credit score. Staying below 35% of your available credit is good practice to remain in good credit standing.

Limit Your Number of Credit Checks and Applications

Did you know that every time you apply for a loan or credit card, an inquiry is performed? Inquiries, also known as credit checks, can slightly lower your credit score the more you have them done. Limit the number of credit checks you apply for and get quotes from lenders before accepting a credit score inquiry.

Use Different Types of Credit

Having a mix of different types of credit can improve your score. As long as you make payments on time, having multiple loans can be beneficial. Various loans include credit cards, car loans, a line of credit, and a mortgage.


Lindsay Dodge Chrysler

57 McLaughlin Road Lindsay, ON K9V 6B5

Sales: 866-981-4935

Service: 866-924-8199

Parts: 866-926-3127


Dealership hours of operation
Mon - Thu 8:00am - 5:30pm
Fri 8:00am - 5:00pm
Sat - Sun Closed

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Contact us to learn about our available financing options! If you're looking for comprehensive financing for your car, visit our online Finance Centre and fill out a credit pre-approval form.

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