Improving Credit for Financing Accessibility Equipment: A Guide for Families with Disabilities

Navigating the financial challenges of purchasing accessibility equipment can be daunting, especially for families with loved ones living with disabilities. However, improving your credit score can significantly ease this process. This guide offers actionable advice to help borrowers enhance their credit, facilitating the purchase of essential accessibility equipment.

Understanding the Importance of Credit

Your credit score is a key factor that lenders consider when deciding whether to offer you a loan and at what interest rate. A higher credit score can lead to better loan terms, which means lower costs for you in the long run. This is particularly important when financing big-ticket items like accessibility equipment, which includes wheelchairs, home elevators, platform lifts, stair lifts, and modified vehicles.

Steps to Improve Your Credit

1. Review Your Credit Reports

Start by obtaining your credit reports from the three major credit bureaus: Experian, Equifax, and TransUnion. You're entitled to a free report from each bureau once every 12 months through Review these reports for errors, such as incorrect account details or fraudulent activities. If you find mistakes, dispute them immediately with the respective bureau.

2. Pay Your Bills on Time

Your payment history is a significant component of your credit score. Ensure you pay all your bills on time, including utilities, credit cards, and loans. Setting up automatic payments or reminders can help you stay on track.

3. Reduce Your Credit Utilization Ratio

This ratio compares your credit card balances to your credit limits. It's recommended to keep your utilization below 30%. You can achieve this by paying down balances and not maxing out your cards. If possible, ask for a higher credit limit but resist the temptation to spend more.

4. Diversify Your Credit Mix

Having a mix of credit types (e.g., credit card, mortgage, auto loan) can positively impact your score. However, only pursue this if it makes financial sense for your situation. Do not take on new debt unnecessarily.

5. Limit New Credit Applications

Each time you apply for credit, it can slightly lower your score. Apply only for the credit you need and plan strategically to avoid numerous applications within a short period.


Improving your credit score is a powerful step towards securing the financing you need for accessibility equipment. It takes time, patience, and consistency, but the benefits can significantly impact your family's quality of life. By following the steps outlined above, you're on your way to achieving financial health that supports your family's needs. 


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