How to ensure you get the best possible interest rate you can.
The key is to become a better borrower. Is it possible to influence the type of deal you get? Yes, especially if you avoid these missteps.
1. Not Checking Your Credit Report
The three main credit bureaus — Equifax, Experian, and TransUnion — keep track of your credit history, including lines of credit, payments, and available credit lines, among other data. While most information collected is similar across all three bureaus, it’s possible to find differences between reports.
When checking your credit reports, it’s most important to check for errors or misinformation. Accurate information can’t be deleted, but any information that can’t be verified or that’s inaccurate can be…