Got a car you still owe money on but need a new one? Then you’ll need to Trade-in or Sell. The question is though, if your loan is not paid off what happens to it?
Having your identity stolen is an awful thing that can destroy your credit score and your finances. Recovering afterwards is important for not just your bank account, but for your credit rating as well.
Our very own Chief Operating Officer, Jack Lintol, was asked to join Experian on Credit & Finance Talk to discuss how we help car buyers with credit issues get the financing they need to get the vehicle they want.
Let’s face it: being turned away for a loan is disappointing, especially when you really need it. And if you need a car, chances are it is an urgent situation and probably needs to be taken care of fast.
You can try to refinance your auto loan while you have damaged credit, but the results may not be what you hope.
You need a vehicle to get the kids to and from school, soccer practice and dance recitals. But can you afford an SUV with a challenged financial situation?