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You have always wanted to own that dream car for so long now. You vividly see yourself in front of the wheel and driving the car for hours, enjoying every minute of it. But still, up to now, it all remains a dream, simply because you have been refused a car lease. Chances are that you possess a less than desirable credit history. All you have to do is acquire a car lease with bad credit. Then you have to realize that a lot of stake is involved, especially your finances and you have to do everything you can to be able to rebuild your credit score. For someone who wants to acquire car lease with bad credit, he must understand what a credit score is, which is simply a measure of his credit worthiness that will be used by leasing companies and agents in determining his eligibility for an auto lease. The credit rating of a person is based on his past and as well as present credit histories. The figure can actually range from 350 to as high as 850. There is what we call the prime score, which is a figure above 720 and will help you go past the need for auto lease with bad credit and instead enjoy the best leasing deals. If an applicant is below the score of 640, then his is considered as a sub prime application and will certainly be considered for car lease with bad credit scheme by most of the leasing companies. How does one work on making better his credit score to avoid an auto lease with bad credit? First of all, you have to request for his score from the FICO or Fair Isaac Corp. It provides all the necessary details from the leading credit rating agencies in the US. You then have to make comparison of the score and find out if any of these three agencies has make wrong ratings data on you. If there is discrepancy, contact the concerned agency for the necessary corrections. For more interesting and engaging auto leasing articles such as car lease finance, do visit our Auto Lease Specials for You blog.
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