Author Archive: Steve Cypher
Now Is Still A Good Time for Bad Credit Auto Loans

The latest credit trends are a mixed bag for problem credit borrowers. On one hand, lenders continue to work with credit-challenged borrowers.

Continue Reading »

What is a Car Straw Purchase Deal?

Vehicle straw purchases are considered fraudulent and usually occur when a consumer with good credit purchases a new or used car for someone with poor credit who cannot qualify for an auto loan.

Continue Reading »

The Latest Costco Auto Program and Bad Credit Buyers

The Costco GM Holiday Sales Event represents a good deal for car buyers – but, unfortunately, it leaves out those vehicles that most shoppers with poor credit can afford.

Continue Reading »

Credit Scores and Interest Rates

Although no one can predict what a particular credit-challenged individual’s car loan interest rate will be before their application is reviewed by both a dealership special finance manager and lender, the information from LendingTree can serve as a rough guide as to what they might be able to expect.

Continue Reading »

Reliable Used Cars for People with Bad Credit

Credit-challenged borrowers should stay away from used cars with poor as the odds of paying for costly repairs on top of the monthly car payment increase for these vehicles.

Continue Reading »

Best Certified Used Car Deals

Certified used cars come with a number of advantages, the most important of which is a manufacturer-backed used car warranty. Since AutoTrader has done much of the legwork, credit-challenged car buyers might do well picking out one of these three models, provided it fits within their budgets.

Continue Reading »

Yo-Yo Financing and Poor Credit

Car buyers, especially those with questionable credit, are particularly susceptible to yo-yo financing schemes in which a dealer will sign them to a conditional contract and, once they’ve taken possession of a vehicle, call them back to re-sign another contract with less favorable terms.

Continue Reading »

Start Online Start by Phone Search