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!
Ever wonder why your credit scores from each of the credit bureaus are different?
Even consumers with bad credit that need terrible credit auto loans ask us this question here at Auto Credit Express where we’ve spent nearly twenty years in bad credit auto sales.
Even if you have bad credit you can increase your chances for approved auto loans of an approval by removing information errors from your credit reports before applying. Continue reading
We’ve chosen both the winners and top finishers from the Kelley Blue Book list in the two most affordable new car categories for those people with bad credit and approved auto loans: subcompact and compact cars.
So here are those vehicles along with comments by Kelley Blue Book: Continue reading
But if your credit score falls below 640 or if you have a limited credit history and no co-signer, the issues of finding a lender and getting an approval are more difficult.
There are over 30 national or regional lenders that offer a poor credit car loans and their lending requirements can vary widely.
The biggest issue for poor credit buyers, however, is that practically all these financial institutions only loan indirectly. In order to request a credit decision, you’ll have to submit an application through a franchised new car dealer that has signed up with them. Continue reading
Once you’ve received approved auto loans at a dealer you’ll need to decide whether or not you need or want credit disability insurance. Continue reading
According to their October 6th Credit Trends report, “Lenders continued to increase their appetite for risk in Q2 2011, with new vehicle loans for customers with credit outside of prime increasing by 22.4 percent compared with the previous year. In Q2 2011, 22.29 percent of all new vehicle loans went to customers in the nonprime, subprime and deep-subprime categories, increasing from 18.21 percent in Q2 2010.” Continue reading
Once you’ve started financing a bad credit car there are additional steps you should often take to improve your credit scores and clean up your credit reports. Continue reading
If you’re planning on financing a new car, even if it’s with horrible credit auto loans, it helps if you know where the new car market is headed, which is why the latest information from Kelley Blue Book could be helpful. Continue reading
All three credit bureaus plus sites like www.freescore360.com offer services that will monitor your credit. The cost to monitor a single bureau typically starts at around $6.95 a month while it usually runs $12.95 or more to monitor all three. Continue reading