Credit Score Scam

The credit score scam happens when the finance manager tells you that your credit score is lower than it really is and the dealership can get you for higher interest rates.

Dealerships use this scam on everyone no matter if you have good or bad credit. However, this scam is very easy to avoid. The best way to avoid credit score scam is simply getting a copy of your credit report from Equifax.com, and bringing it with you to the dealership. It will become really difficult for the dealer to lie to you about your credit score if you have your own copy of it. In case you notice that your paper and the dealer’s don’t say match simply go somewhere else because that dealership is lying to you.