It’s a fact that consumers with damaged credit that are financing a vehicle with a subprime auto loan have a better chance of successfully paying it off if their car doesn’t break down.
Borrowers with deficient credit usually want answers about car leasing because they either want to keep their auto loan payments as low as possible or they don’t have enough money for a down payment.
Car buyers with problem credit that need an auto loan are often unaware of the differences between the loan programs offered by new car dealers with effective special finance departments and those offered at smaller tote the note car lots.
Most consumers with problem credit who receive auto loan approvals through our dealer network could raise their FICO scores even more by using a credit monitoring service.
Here at Auto Credit Express we know that if they’re not careful, anyone can be taken in by an online scam. But it’s especially important that consumers with poor credit – many of whom don’t have the money to lose –be aware of a twist on the auto loan down payment scam.
From what we have learned, car buyers with problem credit don’t always have the time to apply for an auto loan either from work or at home.
While changes to its certified used car program aren’t as far reaching or comprehensive as those from either Chrysler or Volkswagen, it does mean that even consumers with poor credit that have been approved for an auto loan can browse Ford dealer lots with greater confidence.