Consumer Car Buying Advice Blog

Your FICO score will never get better if you consider a no credit check car loan

A big difference

At Auto Credit Express, we’ve been in the business of helping people with bad credit buy a car for more than 17 years. During that time, we have seen the bad credit car loan business grow from “buy here pay here” car lots to one that includes megadealers backed by national subprime lenders.

And while there is still a market for those smaller dealers (and some larger ones) that advertise easy no credit check car loans, you might want to consider an alternative that is, in many ways, smarter.

A real alternative

Why wouldn’t you want to apply for a loan without a credit check? Many people with bad credit automatically assume that they can’t get a car loan – especially if the lender sees their credit report. In many cases, this just isn’t true. Although your credit score and credit history won’t qualify you for a loan with a regular lender, there are subprime lenders that will look for a way to approve your car loan application.

Secondly, any loan not based on a credit check will certainly not improve your credit score, if for no other reason than these types of lenders don’t report your payment history to the credit bureaus. This means that even if you make all your payments on time, this activity will not be reflected on your credit report – something that’s very important if you want to improve your FICO score.

Apply at the right place

At Auto Credit Express, we’ve helped thousands of customers with bad credit buy a car and begin reestablishing their credit. Imagine driving a more reliable car, covered under warranty, and raising your credit score at the same time. It’s a win-win situation for both you and the dealer you bought it from.

Here is how it’s done: our job is to match you with a car dealer that is an expert on helping customers with bad credit get financed and “back on the road” with a dependable, reliable car and a new start towards better credit. Our online application and finance calculators will guide you through the process and educate you about how much car you can afford.

The Bottom Line

If you are serious about getting your credit back on track, visit us at www.autocreditexpress.com. If you have any additional questions, feel free to contact us by phone or email us directly from our website.

Tags: bad credit, bad credit car loan, buy here pay here, car loan, credit report, credit score, fico, Fico Score, no credit check, subprime

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