Auto Credit Express Blog

The statement that some car dealerships make that promise to "pay off your trade" may not mean what you think it does if you owe more on your current loan than your vehicle is worth.

Getting a car loan quote from multiple lenders allows you to shop around for interest rates and loan terms, but you may not be able to do this if you have bad credit.

You might not know where to find auto financing if you're dealing with less than perfect credit. Should you try to get a bad credit car loan with a bank or credit union, or is there another option?

Getting a car loan with bills in collections through a traditional lender could be difficult, and even a subprime lender may turn you down if you have a significant amount of currently delinquent debt. However, the type of bad credit you have plays a role.

Having bad credit doesn't always have to stop you from getting approved for an auto loan, but it does change how you should apply for one. With some planning and understanding, you can better prepare yourself to buy a car with bad credit.

Most auto dealerships won't allow you to buy a car with a credit card, regardless of your credit situation. Even among the small number of dealerships who'll let you pay with plastic, they often only allow you to put a small portion of the purchase on your credit card.

If you're trying to build up credit, most of the advice you get will typically be centered on using credit cards. But what if you want to build credit without a credit card?

The latest subprime auto lending trends show the number of loans going to people with bad credit is on the decline. With the way things are heading, car buyers who need special financing shouldn't delay.

Most lenders offer auto loans that allow you to buy a car from a private seller, but consumers with bad credit will typically have a tough time getting approved for one.

If you want to save money on your auto loan, you can use these hacks as long as your car loan uses simple interest.