The credit of many Americans has taken a hit during the current recession. But for those attempting to get a loan for the purchase of a used car, there are some steps to take.

According to Edmunds.com, one of the first things a used car buyer should do is check his or her credit report to make sure they can qualify for the best rates.

The higher your FICO score the more likely you are to get a loan – and the more likely you are to get a good deal. Although Edmunds says the national average FICO score is somewhere around 675, car buyers can improve their score if it falls below that level.

Lucy Duni, vice president of consumer education for TrueCredit.com tells the website that although it’s nearly impossible to drastically improve a credit score in a short period of time, making payments on time on outstanding debts can improve a credit score in just a few months.

Although lenders have become stingy with funding over the last year, it may soon be easier for everyone. Last week GMAC announced it would open new lines of financing to car buyers and would begin financing the purchases of people with credit scores below 620.

Find New York Used Cars with New Jersey State Auto.