When it comes to Porsche financial services, Fields Porsche Jacksonville has you covered. We believe financing your next vehicle should be easy, so you can focus on picking out the next great car. That’s why we’re sharing top tips for getting pre-approved to ensure your experience is as smooth as possible.
Prepare Your Information
The approval process does require a certain amount of information about your financing, employment, and essential ability to pay back the loan in the future. When applying for a loan, it’s useful to have all the documentation you need on hand, so you don’t have to go looking for it. Collect important documents like pay stubs, tax returns, and bank statements, as well as your driver’s license. You’ll also want to have proof of address on hand.
Check Your Credit Score
Your credit score is one of the most important factors to consider when it comes to your loan approval. Don’t worry if you don’t have perfect credit. You can still qualify for myriad loan options even with a lower credit score, the terms just won’t be as favorable as if you had a perfect score. Checking your credit in advance will let you know what kinds of vehicles are available within your budget.
Consider Debt-to-Income
One of the elements that factors into your credit score is your debt-to-income ratio. It can also factor into the pre-approval process. If you have a high debt-to-income ratio, it can work in your favor to pay some of it down, to be eligible for more favorable term options.
Begin the Porsche Financing Process in Jacksonville
No matter what your Porsche financing needs might be, Fields Porsche Jacksonville is here to help. Learn about the Porsche pre-approval process and begin picking out your perfect vehicle at our dealership today.
