CALL US TODAY! (888) 496-0789
208 W Golf Rd, Schaumburg, IL | Hours / Map
Blog

Drive Home Today

Official Blog

Debunking the Myths: Common Credit Score and Car Loan Myths Part 1

By emarketing | Posted in Car Loan Myths in Schaumburg IL, Credit Score Myths in Schaumburg IL, Credit Score Schaumburg IL, Credit Tips Schaumburg IL on Monday, September 17th, 2012 at 4:55 PM

Part 1 Common Car Loan Myths in Schaumburg IL

The Truth Behind Common Car Loan Myths from DriveHomeToday.co

 

There are many credit score myths and car loan myths floating around out there. Some are more common than others. Your credit score plays such an important role in your life that it is important to understand what is fact and what is fiction. Armed with that knowledge, you will be more prepared when applying for loans and less likely to make common mistakes due to bad information. Through our “Debunking the Myths” posts, we hope to address some of the myths that we’ve come across and set the record straight.

Read the rest of this entry »

Don’t Rely On ‘Captain Credit Score’ to Rescue Your Score

By emarketing | Posted in Credit Score Schaumburg IL, Credit Tips Schaumburg IL, Schaumburg Dealership Information on Monday, September 17th, 2012 at 3:36 PM

Steps to Protect and Repair Your Credit Score in Schaumburg

Forget ‘Captain Credit Score’ –  let DriveHomeToday.co get you on the road to repairing your credit score with a bad credit car loan in Schaumburg today.

 

Getting a car loan in Schaumburg IL will require lenders to access your credit score. Your credit score impacts more aspects of your life than you might think. It’s important to stay on top of your credit score, checking it annually, to catch any mistakes before they become big problems and cost you money. There is no ‘Captain Credit Score’ that monitors and magically repairs bad credit instantly so you need to be proactive with your credit.

Read the rest of this entry »

Credit Score 101: Why Do I Not Have a Credit Score?

By emarketing | Posted in Car Loan FAQ Schaumburg IL, Credit Score 101 Schaumburg, Credit Score Schaumburg IL on Monday, September 10th, 2012 at 4:54 PM

No Credit Score in Schaumburg IL

Credit Score 101: Why Do I Not Have a Credit Score?

 

With credit scores, credit reports, credit history, credit utilization rates, good credit, bad credit, and so much more, it is easy to go credit crazy! At DriveHomeToday.co we are here to help walk you through the car financing process, get you approved, and have you driving home in your new ride. We have options for all credit scores with bad credit car loans in Schaumburg IL. There is a lot of information out there about what it means and what to do if you have a bad credit score, but what if you have NO credit score in Schaumburg?

Read the rest of this entry »

Credit Score 101: What is a Hard Inquiry? What is a Soft Inquiry?

By emarketing | Posted in Car Loan FAQ Schaumburg IL, Credit Score 101 Schaumburg, Credit Score Schaumburg IL, Credit Terms Schaumburg IL on Monday, September 10th, 2012 at 12:20 PM

Credit Report Inquiries in Schaumburg IL

Credit Score 101: What is a Hard Inquiry? What is a Soft Inquiry?

 

There are many credit score terms out there. Some you may be familiar with and others maybe not. It’s important to decipher the lingo to fully understand your credit report. At DriveHomeToday.co we strive to provide car financing in Schaumburg for everyone regardless of bad credit. We also try to educate our consumers about understanding the financing and credit process to make them more knowledgeable. Among these important terms is the phrase “hard inquiry” or “soft inquiry”.

Read the rest of this entry »

Credit Score 101: What is a Bad Credit Score?

By emarketing | Posted in Credit Score 101 Schaumburg, Credit Score Schaumburg IL, Credit Terms Schaumburg IL on Friday, August 24th, 2012 at 11:51 AM

What is a Bad Credit Score in Schaumburg IL

What is a Bad Credit Score?

 

Credit scores can be a complicated and messy topic. With so many scores out there and so many different pieces of advice on how to improve those score, it is often daunting to even thing about your credit score. That said, it is still a very important topic and your credit score effects your life in more ways than you might think. At our Schaumburg car dealerships, we strive to offer bad credit car financing in Schaumburg and educate you about your options.

Read the rest of this entry »

Credit Score 101: Why Was I Denied For a Car Loan?

By emarketing | Posted in Car Loan Advice Schaumburg IL, Car Loan FAQ Schaumburg IL, Credit Score 101 Schaumburg, Credit Score Schaumburg IL, Credit Terms Schaumburg IL on Tuesday, August 21st, 2012 at 9:38 AM

Bad Credit Car Financing in Schaumburg IL

There are many reasons why banks deny car loan applications but there’s help with car financing in Schaumburg IL.

 

If you have been denied for a car loan, there is no simple, one-size-fits-all answer to why you were denied. There are several reasons why any individuals may be denied for a loan and you could have one or any combination of multiple reasons. At our Schaumburg dealership, we offer bad credit car loan financing in Schaumburg IL and try to offer loan options even when the bank turns you down. We understand that bad credit is a reality and that individuals need the opportunity to rebuild bad credit in this economy.

Read the rest of this entry »

Credit Score 101: What is a Co-Signer and Do I Need a Co-Signer?

By emarketing | Posted in Car Loan Advice Schaumburg IL, Car Loan FAQ Schaumburg IL, Credit Score 101 Schaumburg, Credit Score Schaumburg IL, Credit Terms Schaumburg IL, Schaumburg Dealership Information on Monday, August 20th, 2012 at 4:38 PM

Co-Signers and Car Loans in Schaumburg IL

A Co-Signer Can Help Get You Approved For a Bad Credit Car Loan in Schaumburg IL.

 

If you find yourself with bad credit remember you are not alone and today there are many options out there to help you. At our Schaumburg dealership, we offer bad credit car loans in Schaumburg IL. A car loan is a create opportunity to help build or rebuild your credit score as long as you make the payments in full and on time. If you are worried about getting approved, one great way to help you get approved is to find a co-signer.

Read the rest of this entry »

Credit Score 101: What is Credit Utilization and How Does It Affect My Credit Score?

By emarketing | Posted in Car Loan FAQ Schaumburg IL, Credit Score 101 Schaumburg, Credit Score Schaumburg IL, Credit Terms Schaumburg IL, Schaumburg Dealership Information on Monday, August 20th, 2012 at 3:20 PM

Credit Utilization and Car Loans in Schaumburg IL

Find out about more bad credit car loans in Schaumburg IL.

 

There are so many tip out there to help you ‘raise your credit score’ that it is easy to become overwhelmed and confused. One of the most popular tips revolves around credit utilization. You might be asking yourself, what is credit utilization and how does credit utilization affect my credit score? At DriveHomeToday.co we strive to help drivers searching for car loans in Schaumburg IL answer these questions and more. We want to help you not only get a new car loan in Schaumburg IL, but to also help you understand your credit, improve your credit, and become a more knowledgeable car owner overall.

Read the rest of this entry »

Why now is a Good Time to Finance a New Car

By emarketing | Posted in Car Loan Advice Schaumburg IL, Credit Score Schaumburg IL on Tuesday, July 24th, 2012 at 8:10 AM

Finance a New Car in Schaumburg, IL

Now is a Good Time to Finance a New Car in Schaumburg, IL

 

After the economic problems over the past few years, you might find yourself weary of buying a new car. Most Americans faced financial hardship and the average credit score has dropped dramatically while the score required to receive a loan went up. Now, many find themselves with a credit score that classifies them as “sub-prime” borrowers. These are borrowers that the banks or lenders look at as high risk for defaulting, but there are options out there for those with bad credit to still be able to take out an auto loan.

Read the rest of this entry »

Credit Score 101: Understanding What Goes into Your Credit Score

By emarketing | Posted in Car Loan FAQ Schaumburg IL, Credit Score 101 Schaumburg, Credit Score Schaumburg IL, Schaumburg Dealership Information on Wednesday, July 18th, 2012 at 11:19 AM

Credit Score Breakdown

 

Like it or not, your credit score is a big deal, impacting many areas of your life. Your credit score (such as your FICO® score) is what represents your credit risk to a potential lender, communicating your likelihood of repaying them and on-time. This 3-digit number can influence your chance of getting mortgages, car loans, credit cards, school loans, and at what rate. In some states it can even impact your auto insurance. Put simply, the higher the number, the lower the interest rate you’ll get.

FICO® Credit Score Breakdown

Read the rest of this entry »



Drive Home Today.com

DriveHomeToday.co can help you get the car loan you deserve while helping you get your finances back on track in Schaumburg Illinois. If you are looking for a car dealership that is great with automotive financing you have come to the right place. We have been helping people with bad credit get car loans for some time now and would love to help you get started on the same path.

We have genuine financing people who know everything about financing a car and working with banks. If you want a dealership that explains all of your questions about car loans and doesn't just stick you with a interest rate and a bunch of unanswered questions, visit DriveHomeToday.co today. If you have any questions please let us know and we can answer them right away!

DriveHomeToday.co
208 W Golf Rd
Schaumburg, IL 60194
Get Directions
Sales: (888) 496-0789
Store Hours