Author Archive: Steve Cypher
Best Used Cars on Tight Budgets

Back in March Consumer Reports published the results of their latest Annual Auto Survey, which is based on subscriber survey responses covering over a million vehicles. CR’s findings include both the “best used cars” as well as the “worst used cars” in terms of reliability.

Sorting through the results we came up with what we feel are the most affordable used cars in the two most affordable categories for car buyers with less than perfect credit:

Continue Reading »

How Child Support is Calculated in a Car Loan

Consumers responsible for making child support payments as well as those who depend on this type of income should know how these situations, especially if they have poor credit, could impact their chances of an auto loan approval.

Continue Reading »

Why Not to Buy Here Pay Here

Because they may have been turned down for a conventional car loan and/or they cannot find a franchised new car dealer willing to help them, every year at least some borrowers with problem credit settle for an auto loan from a “tote the note” car lot.

Continue Reading »

Truth about Preapproved Auto Loans with Poor Credit

Of particular interest to car buyers with problem credit as well as a question we frequently get asked is whether we can offer them a pre-approval on a car loan.

Continue Reading »

Before Getting a Car Loan with Poor Credit

From our experience the results pretty much speak for themselves when consumers with damaged credit allow some time before applying for a car loan to, among other things, check their credit reports and correct any mistakes.

Continue Reading »

Spotting a Flood Damaged Car

It’s an unfortunate fact but consumers with damaged credit are far more likely to find themselves with an auto loan for a vehicle that has been involved in a flood.

Continue Reading »

Why Your Credit Scores May Differ

We continue to be surprised by the fact that quite a few borrowers with damaged credit still don’t understand why the credit scores used by car dealers often aren’t the same as the one they think they have.

Continue Reading »

Start Here Search