Consumer Car Buying Advice Blog

Thinking outside the box and not visiting a dealer first can help with bad credit car loan approvals.

New thinking

Here at Auto Credit Express, one of the most frequently asked questions we are called upon to answer is, “why should I apply online for a bad credit auto loan? Why shouldn’t I visit any car dealer and apply for on while I’m there?” Here are some of the reasons why you shouldn’t.

Special Finance

It’s an unfortunate fact that even in this day and age not every car dealer has a special finance department that deals with people who are credit challenged and are hoping for bad credit car loan approvals. Even if you know someone with bad credit that got financed at a particular dealership in the past, this does not guarantee that that particular dealer is still doing special finance. In many cases, this is due to the fact that many car dealers that are involved in special finance are only doing it because they happen to have a good special finance manager. For many dealerships, if that person leaves and the dealer is unable to fill the position, that dealer simply stops doing bad credit car loans.

In this situation, if you happen to stop in to that particular dealer and the regular finance manager runs a credit report, that person may very well then inform you that they will be unable to get you financed. At this juncture, you now have an inquiry on your credit report that can affect your credit score. So you now have an inquiry and you still don’t have a bad credit car loan approval.

In addition to the inquiry, the process can also be frustrating and, in some cases, embarrassing to you.

Bad credit web sites

Just as all car dealers are not the same, all bad credit car loan approval web sites are not the same, either. Many of these web sites will promise you an instant approval, with little or no down payment. Other web sites may tell you that all applications are approved. But remember this: if it sounds too good to be true, it probably is.

Also remember that when a web site tells you that all applications are accepted, that only means that they will accept an application from you – it doesn’t mean that they will approve your application.

What we can do for you

At Auto Credit Express, we have helped thousands of people with bad credit begin the process of getting back on their feet while financing a new or low mileage used car. During the process, we make no pie-in-the-sky promises with regard to guaranteeing that your application will be approved. We will promise to do our best to see that your application is placed with a dealer that not only knows special finance, but one that is as close as possible to where you live.

When you visit our web site, you should feel free to use our loan calculators, will give you a reasonable idea of what you can afford. We also have live operators who are anxious to answer any questions that you might have. You can also view a list of the basic requirements of a loan before you apply.

Your odds increase when you fill out an application

Why spend the time and the money driving from dealer to dealer when you can fill out an application online? Simply go to www.autocreditexpress.com to begin the process. Our application is SSL secured to safeguard your privacy and we are an accredited business with the Better Business Bureau. Our address, along with a toll free number, is listed at the bottom of the page.

Tags: auto loan, bad credit, bad credit auto loan, bad credit car loan, bad credit car loan approvals, car loan, car loan approval, car loan approvals, credit, credit score

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