Why Do You Have Less-Than-Perfect Credit?
Many reasons could lead to a less-than-perfect credit score. The credit score shows lenders how you handle current and past debts and the amount of credit you’ve accrued through the years.
A less-than-perfect credit score usually stems from issues, like paying back loans and sending payments in late or not at all. You may carry a high debt or be delinquent for past loans or credit card debts. If you inquire about your credit too much or have no credit history, your designation could be less than perfect.
Having less-than-perfect credit may result from life events that cannot be avoided. A job loss or major health issues could lead to bankruptcy, home foreclosures, car repossessions, and unpaid credit. A credit analyst will see this when they review your credit history.
While all these factors may set a few roadblocks, you can trust our finance team to do their best. Once you
apply for financing and get approved, they’ll discuss your options with you.
