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Mitsubishi Finance

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New and used car financing for all Mitsubishis. Stop in today and take advantage of our financing deals for the Mitsubishi Lancer, Mirage, Outlander, Mirage G4, Outlander Sport, and any other models we sell.

 

Are you worried that your credit history will hold you back from owning the vehicle you want? Don't be! We can help you obtain the credit you deserve. We also have first-time-buyers programs for those that currently have no credit established.

 

At Larry Jay Mitsubishi, we are committed to helping you where others have tried and failed. For your convenience, use our Online Credit Application. Remember, if you have a job, you're approved! For immediate review, please contact us.
 
 

What Determines Your Credit Score?

 

If you are in the market for a house or a vehicle or anything else that might require obtaining a loan, your credit score is going to define what kind of experience you have. It’s a number that tells potential lenders how likely you are to pay them back.

Generally-speaking, the higher your score, the less of a risk you are. Accordingly, you will be approved for bigger loans and lower interest rates.
Since it’s so important, it’s helpful to know what actually determines your credit score. There are a number of major categories considered when factoring your credit score...


Payment History: Just as you’d think, your payment history is just that. How timely have you been on payments in the past?

Amounts Owed: Simply owing money, as in currently paying off a loan, will by no means count against you. This factor is all about measuring how much you owe with how much credit you have available.

Credit History: Naturally, you have to have a credit history for a lender to have confidence in you. This is why it’s so important to establish good credit early in life.

New Credit: This takes into account your recent activity. Have you all of the sudden taken out a lot of loans? This can signal that you are in financial trouble and can reflect poorly on your score.

Be empowered! Know your credit score, know what goes into it and you will be better equipped to ensure that it works for you and not against you.

 

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