But a car loan is only installment credit and if these consumers are seriously interest in credit repair, they’ll also need to reestablish at least one line of revolving credit. The easiest way to do this is to get approved for some type of credit card.
Why a used car inspection is one of the best things buyers with damaged credit can do for success during an auto loan.
The difficulty of dealing with a low credit score, combined with negative equity in a car can create very real problems for people. Here is our advice.
Last week General Motors announced an enhancement to their military discount program that could potentially help members of the military with problem credit.
Here at Auto Credit Express we often get questions from car shoppers searching for online car loans that go something like this: “if I have terrible credit will I qualify for any kind of car loan and if I do can I finance a new vehicle?”
we still believe consumers with bad credit should be aware of what can happen if they are contemplating going the private seller route for their next vehicle once they have reestablished their credit.
Over the years we have noticed that car buyers, especially those consumers with poor credit who have recently been approved for an auto loan, can be taken in by the sales pitches from telemarketers touting used car service contracts.