Financial Wellness

If you’re worried about buying a new vehicle because you have a challenging credit score, you shouldn’t be. In the past, little could be done for those with tough credit. But things are changing as time goes on and technology improves. Between data reporting that lenders use and apps customers can use to boost their credit scores, challenging credit isn’t as tough to overcome as … Read More

Fraud can be a scary word, especially if it’s happening to you. Now more than ever, the signs of fraudsters are all around us. Fraud indicators could be from companies about data breaches or emails letting you know your personal information has been put at risk. You might have heard warnings on the news or even from your bank about fraud. Don’t worry though. If … Read More

Recently, I spoke with someone who, at 50+, is establishing his credit rating for the first time. He’s excited to watch his rating improve as well as the possibilities that await. He’s eager to buy a home. On the opposite side of the spectrum, my daughter will be turning 18 all too soon and working to build her credit for the first time. She has … Read More

Have you ever reviewed your emails and wondered where all the “You’re preapproved!” messages are coming from? Me too. More importantly, preapproved for what? And how? I haven’t applied for anything. Receiving preapprovals, whether via email, regular mail or any other way, has become somewhat common. And the good news is, it doesn’t impact your credit score. The bad news … well, there really isn’t … Read More

How often do you check your credit report? Maybe the better question is, when was the last time you checked your credit report? A regular review of your credit report is a good habit to have. Whether you are in the process of building first-time credit, repairing damaged credit or just like to make sure your information is correct, your reports are good tools to … Read More

Ancillary products are optional vehicle protection, service agreement plan and insurance products that are typically purchased when a vehicle is sold or leased and are in addition to the cost of the vehicle. Common ancillary products include: Credit life and disability – A type of insurance, abbreviated as CLAH, that pays off your loan balance if you die or are disabled. Extended service contract – … Read More

Every month is a financial literacy month for customers of Chrysler Capital – April is just when everyone else takes part. Marking the official Financial Literacy Month in April, we will continue our ongoing focus on providing all vehicle shoppers, owners and lessees useful, finance-related content in our Learning Center and on our blog site. And it doesn’t matter whether you are a Chrysler Capital … Read More

For those with little to no credit, there is still opportunity to purchase a vehicle. Though poor credit scores aren’t the most ideal, they don’t tell the entire story for a consumer, and Chrysler Capital works diligently to provide full-spectrum auto financing options. “Chrysler Capital does have buying power for first-time buyers for some of the subprime applicants that are out there,” says Kevin from … Read More