Get a Free Credit Report and See if You Can Get a Deal on a Home or Car

If you're in the market for a home or a car, the time has never been better to find a deal. Sellers are motivated and offering discounts, there is plenty of inventory and interest rates are at historic lows. If your credit score is good, you're in a perfect position to negotiate a deal on a new vehicle or the home of your dreams.

With auto dealerships offering incentives, plenty of housing opportunities and the low interest rates currently available, it pays to make sure you're in a position of power when you're shopping for a home or vehicle. Here are some simple tips to ensure you're in the driver's seat when you're considering a major purchase:

* Know Your Credit Score
You can't control the economy, but you do have control over your credit score. The higher your score, the more likely you are to be able to negotiate better loan terms.

Before you look at a single house or vehicle, find out what your credit score is. FreeCreditReport.com gives you access to your free credit report and score with enrollment in Triple Advantage credit monitoring, which can show a potential lender your payment history and help them decide whether you're a good credit risk.

The higher your score, the better your chances of securing a great loan and getting a lower interest rate. Some of the actions that affect your credit rating include how long it takes to pay off credit cards, if you pay your bills on time and if you have errors on your credit report.

* Do Your Homework
Once you're sure you have a powerful credit score, research your options. If you're in the market for a new home, consider the quality of schools, proximity to work and entertainment. Also look at the number of foreclosures in the area and how much home values have dipped or stayed stable in the past year.

If you're looking to purchase a new vehicle, research the market value and use the Internet to find below-market deals in your area. Keep in mind how much the car will end up costing in terms of insurance, gas and maintenance. Read reviews from other car owners and also check for any recalls or published safety information.


If you’re in the market for a new home or vehicle, get your free credit report and score at FreeCreditReport.com, then start looking for deals. Copyright ©, ARAnet, Inc.