Whether you’re applying for Genesis financing, a credit card, or anything else, your credit score is the biggest factor affecting what offers to expect. Luckily, there are multiple ways to quickly improve your score. With these easy steps, you’ll be on your way to financing your next stylish drive with us at Genesis of South Bay, so get started today.

Pay Down Credit Card Balances

One of the biggest factors determining your credit score is the credit utilization ratio, which measures how much of the credit available to you you’re currently using. If you can pay off any credit cards to below 30 percent of your total available credit, you’ll see a big boost in your score. You can also request a higher credit limit on your card, which will shrink your ratio and have the same effect.

Dispute Errors

If you haven’t looked at your credit report in a while, you may have debts on your account that belong to someone else. Use a free online credit report site to access your report and go through it carefully. Whether there are missed payments you didn’t actually miss or accounts you don’t recognize, you can challenge any errors with the credit bureaus.

Adding an Authorized User

A family member or partner with strong credit can help you improve your score quickly by adding you as an authorized user to a high-limit credit card. From the credit bureau’s perspective, this will rapidly increase how much credit is available to you and boost your score. You never have to use their card or have physical access to it; just being an authorized user is enough.

Apply for Genesis Financing in Torrance, CA

Everyone can find their next premium drive at our Torrance Genesis dealership. Talk to our team about improving your application and applying for Genesis financing. Find a plan that works for you and take a test drive today!