Vehicle straw purchases are considered fraudulent and usually occur when a consumer with good credit purchases a new or used car for someone with poor credit who cannot qualify for an auto loan.
If you’re living with the Ghosts of Money Mistakes Past, Auto Credit Express may be able to help you exorcise those demons and move on to a bright financial future.
Although no one can predict what a particular credit-challenged individual’s car loan interest rate will be before their application is reviewed by both a dealership special finance manager and lender, the information from LendingTree can serve as a rough guide as to what they might be able to expect.
Car buyers, especially those with questionable credit, are particularly susceptible to yo-yo financing schemes in which a dealer will sign them to a conditional contract and, once they’ve taken possession of a vehicle, call them back to re-sign another contract with less favorable terms.
Learning how to manage your money is a skill you need in order to achieve financial stability. There are ways a good budget can help you get a car loan, even if you have bad credit.
Subprime lenders are continuing to increase their loan portfolios, but with the number of applicants at an all-time high, they can continue to be choosy about approvals.
The legendary detective, Sherlock Holmes seems to be capable of just about anything, but could he be approved for a reasonable auto loan? Because he is self-employed, the great Mr. Holmes of Baker Street might be wondering the same thing.