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!
Even with the higher interest rates charged to consumers with car credit issues, there are still ways to reduce the interest expenses. Continue reading
Even with really good credit it’s not always easy getting approved for a vehicle loan if some or all of your income is from disability or SSI payments. It’s even more difficult if you’re applying for a problem credit auto loan. Continue reading
If all or part of your income is as an independent contractor and you have poor credit, there are things you need to understand when applying for horrible credit auto loans. Continue reading
If you have bad credit you may be wondering why it’s so difficult locating a lender that deals in horrible credit auto loans. Continue reading
We want you to know the truth about preapproved bad credit auto loans because we’ve been involved in in bad credit car sales for two decades here at Auto Credit Express. We even created a website so that applicants can learn about topics such as tote the note dealers and credit repair as well as today’s topic, getting preapproved for no credit auto loans.
If you have bad credit the biggest obstacle is usually finding a dealer that will finance a bad credit car. While thousands of dealerships say
they can help, most are buy here pay here dealers.
These dealers can put you in a car, but they won’t report the loan or your payments to the credit bureaus. You’ll have transportation, but your
FICO scores won’t improve and you’ll still have no auto credit history the next time you need a car loan. Continue reading
But even after you’ve been approved there are issues that can bring the loan process to a halt. One of them is the required identification applicants will need to bring in order to take delivery of a car. Continue reading
But before applying for bad credit car loans it also helps to know what’s going on with auto finance and this week Equifax had more good news.
According to their October 2011 National Credit Trend Report, June car loans, although slightly less than the March total of 1.8 million still represented nearly an 11 percent increase over June of 2010 and even higher than the August 2009 total that was boosted by the “Cash for Clunkers” programs. Continue reading