How Credit Utilization Affects Your Car Loan Approval

Dreaming of driving off in a new car? 🚗 Don’t let your credit score or credit utilization pump the brakes on your car loan approval! In this video, we break down everything you need to know to make lenders say "YES" to your loan.
💡 What You’ll Learn:
✔️ What is Credit Utilization?
✔️ How Credit Utilization Impacts Your Car Loan Approval
✔️ Quick Tips to Improve Your Credit Utilization Fast
📊 Pro Tips for Better Approval Odds:
Keep your credit utilization below 30% (or under 10% for top-tier results!)
Pay down balances, request credit limit increases, and track your credit regularly.
Avoid opening new accounts before applying for a loan.
🛠️ Boost Your Loan Approval Odds:
✔️ Fix credit report errors.
✔️ Build a strong payment history.
✔️ Get pre-approved by speaking to the experts at First Alliance Credit Union - we’ll help you develop a personalized plan to make your car-buying journey smooth and successful.
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Visit First Alliance Credit Union's website for more information: www.firstallia...
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