Auto Credit Express Blog

The Automotive and Financial Information Source for People with Special Credit Needs.

We can help you get easy auto financing or a cheap car loan in minutes!

Car

Category Archives: Auto Loans

What is a Conditional Sales Contract?

Credit challenged consumers should check their sales contract carefully before signing on the dotted line especially for Conditional Sales Contracts. Continue reading

Posted in Auto Loans |

Weekly Car Payment Options for Poor Credit Buyers

While Auto Credit Express is not a lender, a number of dealers in our network do offer weekly payment options. Looking at both the indirect monthly subprime loan payment schedule as well as the buy here pay here weekly loan payment schedule, whichever one a consumer chooses will generally depend upon their current credit situation. Continue reading

Posted in Auto Loans |

Auto Loan Delinquency Rates Rising

With loan delinquencies on the rise, especially in the subprime sector, buyers who know their credit scores, credit report and have cash down and/or trade equity will have a better chance of getting their car loan application approved. Continue reading

Posted in Auto Loans |

What Should I Expect My Down Payment to Be?

Depending on your credit score, you could be required to put down a down payment. But do you know how much you should expect to put forward, or why? We look into the process of putting money down when you purchase a vehicle. Continue reading

Posted in Auto Loans |

Getting a Car Loan with an Expired Drivers License

Despite the fact that a lender can approve a car loan even if the applicant has an expired license, the loan cannot be funded and the title to the vehicle cannot be transferred without a valid insurance policy in the borrower’s name – something that will not happen if the borrower has an expired driver’s license. Continue reading

Posted in Auto Loans |

How Subprime Car Loans Work

Credit-challenged buyers usually can’t buy a vehicle from a private party because subprime lenders only loan indirectly through dealerships. Auto Credit Express is not a lender, so we can’t tell borrowers what their interest rate will be – only the dealer will know that. Continue reading

Posted in Auto Loans |

Does It Matter Where Your Income Comes from for a Car Loan?

Income requirements for an auto loan can feel like a black box. Lenders are happy to take your data and plug it in, but aren’t always clear what matters to be approved. Today we look at how you make your money matters. Continue reading

Posted in Auto Loans |

Comparing New Car Leasing to Lease to Own Financing

While new car leasing and lease to own car financing may sound very similar, there are major differences between them including potential vehicle ownership, credit checks, down payments, the types of vehicles involved as well as maintenance costs. Continue reading

Posted in Auto Loans |

Credit Unions to Concentrate on Auto Loans

The latest credit union report from TransUnion has some good news and some bad news for consumers with less than perfect credit. The good news is that they plan on increasing the number of car loans they offer. The bad news is that they also plan on keeping their risk levels low. But despite the mixed results, we still believe even buyers with credit problems should first explore the possibility of a car loan with their credit union before checking out other lenders. Continue reading

Posted in Auto Loans |

Rent to Own Cars with Poor Credit

Confused about what exactly rent to own car programs are? At their core, rent to own car programs are just another form of auto loan, although they are generally easier to qualify for since most dealers don’t run a credit check on renters. Continue reading

Posted in Auto Loans |
Auto Credit Express and the ACE logo are registered trademarks. The contents of all material available on this web site are copyrighted unless otherwise indicated. Content may not be reproduced, downloaded, disseminated, or transferred, in any form or by any means, except with the prior written agreement of the ACE Group. 3271 Five Points Drive, Suite 200 - Auburn Hills, MI 48326.