People with bad credit that want to buy a car often end up at a Tote the Note car lot. Tote the note is a phrase used by We Finance Everyone car dealers. These car dealers often provide loans to people with bad credit with no credit check. Although these Tote the Note car lots may finance everyone, there is a down side to getting a no credit check auto loan from a We Finance Everyone car dealer.

Tote the Note car dealers rarely report your payment history to the credit reporting agencies. This means if you are trying to rebuild your credit rating a no credit check car loan from a We Finance Everyone car dealer will not help.

Most We Finance Everyone car dealerships require weekly payments. This can become quite a hassle over the length of the loan.

Some Tote the Note car lots install remote engine kill switches. If you do not make your payments on time the car dealer can disable the vehicle.

No Credit Check car dealers often sell older high mileage cars. Some of the vehicles sold are not that reliable.

If you have bad credit and want to re-establish a good credit rating I recommend that before you buy a car from a Tote the Note car dealer you first try to get an auto loan from a traditional sub prime auto finance company that works with leading area franchised car dealers. These days, there is a sub prime lending program for nearly every credit situation: bad credit, no credit and bankruptcy. There are even auto finance companies that ignore your credit score. Instead, they base their approval on other factors such as job time, income  and special circumstances, such as medical expenses that relate to bad credit.

Advantages of getting an auto loan through a national auto finance company
Your timely payments will be reported to the credit reporting agencies and will help improve your credit score.

You make monthly payments, instead of weekly payments. With most lenders you can even setup an automatic payment program wherein your car payment is sent from your bank, automatically, each month.

A National Auto Finance Company will never install a kill switch. In fact, most lenders offer a ten day grace period before they consider your payment late.

You Can Buy a Late Model, Low Mileage Car with Bad Credit, often with lower payments that you would have if you buy an old used car with high mileage.

Everyone needs a car. Before you buy a car from a local Tote the Note, We Finance Everyone car dealer, consider a bad credit auto loan from Auto Credit Express, the national leading car buying service for people with bad credit.