This site was designed for the latest version of Chrome, Firefox, Safari, and Internet Explorer (version 10+). Some features may not work correctly in your browser. OK

Credit FAQ's | Phoenix, AZ

If you are interested in buying a car and you do not have thousands of dollars in cash, then you are going to need to use your credit. If you are just starting out in life and do not have much experience with credit, it might seem overwhelming. To help give you a good start and understand more about financing with a dealership, here are some frequently asked questions we get at Sanderson Ford about credit.

What is a credit score?

Your credit score is calculated using five factors, including credit history, credit utilization, length of use, new credit applications, and the types of credit you have. Each factor has a different weight, for example, your credit history is worth 35%, while the types of credit you use is only worth 10%.

How do I improve my credit?

If your credit has suffered some hits, there is a way to recovery. The biggest impact on improving your credit score is to pay your creditors on time. Another way to improve your credit is to make larger payments to pay down or pay off loans and credit cards.

How do I get a loan through a dealership?

If you need a car loan, a dealership can be a great resource. The finance department at the dealership can help you fill out a loan application. They will then work to find you the best possible loan terms to help you get the car that you need.

How do I monitor my credit?

You are legally entitled to a free credit report from each of the credit reporting agencies each year. Take advantage of this and check each report annually for errors. The sooner you clear up any discrepancies, the faster your credit will improve.

How does leasing a car effect my credit?

Leasing a car is an affordable way to get a new car. Just like with a loan, making monthly lease payments on time will help keep your credit in a stable position.

At Sanderson Ford, our finance team will always work with you to get you the best deal on a new car, SUV, or pickup truck, no matter your credit score. Visit us today in Glendale, Arizona, to find your dream ride!

Find Out More

6400 N. 51st Ave.


  • Monday
    6:00am - 6:00pm
  • Tuesday
    6:00am - 6:00pm
  • Wednesday
    6:00am - 6:00pm
  • Thursday
    6:00am - 6:00pm
  • Friday
    6:00am - 6:00pm
  • Saturday
    7:00am - 12:00pm
  • Sunday

Contact Information

6400 N. 51st Ave.
Glendale, AZ 85301
Phone: (623) 842-8685
Fax: (623) 842-8625
- + Disclaimers