Consumer Car Buying Advice Blog

Improve your chances of getting approved auto loans by first getting a copy of your credit report

Your credit score

Having bad credit, you may be thinking of applying for a bad credit auto loan before seeing your credit report only because you don’t have the money to spend on one.

While it may not seem important, we know better. That’s because at Auto Credit Express we’ve been working in bad credit auto sales for the better part of two decades. Since the early 1990’s we’ve helped hundreds of people finance a bad credit car.

Buyers approved through our dealers are able to avoid tote the note car lots (you can find a dealer by filling out our online auto loans application). We also explain the loan process so they can budget themselves properly (and prevent repossession).

A free credit score

If you’ve been paying attention, you’ve probably seen the television commercials offering people a free credit score. But do you really need this kind of service and is it really free?

Truthfully, most of these ads are simply a way to convince you to pay for additional services. But there is a site that will let you view and print your credit reports from each of the three credit bureaus without costing a cent.

Your credit reports

When Congress passed the Fair Credit Reporting Act in 1970, it ensured that consumers would have access to the information in their credit files. In 2003, a new law (the Fair and Accurate Credit Transactions Act or FACTA) changed the original act to require credit bureaus to furnish consumers with one credit report per year per bureau at no charge, as well as access to their FICO scores for a reasonable fee (not free but at least available).

You can do it three different ways: You can write to each bureau, you can call the toll-free numbers of the 3 credit bureaus, or you can go to this website: www.annualcreditreport.com.

Once there, you’ll need to furnish information that establishes your identity and, once validated, you can view and download a report immediately.

Additional services

A number of companies such as freescore360.com will, for a fee, furnish you with a credit report and a credit score from each credit bureau. Credit monitoring services are also available that can help you guard against identity theft.

What we can do

At Auto Credit Express we specialize in placing customers with bad credit with dealers that can help them. These dealers are knowledgeable and work with a variety of lenders to ensure you get your best chance at an approval for terrible credit auto loans.

So if you are serious about getting your car credit back on track, you can begin by filling out our bad credit online auto loans application now.

Tags: Bad Credit, bad credit auto loan, free credit score

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