Many credit-challenged car buyers want to know how their additional sources of income, such as Social Security or disability, will affect their application.
When you need a bad credit auto loan, it’s not the time to finance your dream car. Instead, you should focus on getting a reliable vehicle that you can comfortably afford, and work to rebuild your credit rating with consistent, on-time loan payments. It’s easy to do with the help of Auto Credit Express.
Can you still get approved for an auto loan after a repossession? If so, how long after it occurs do you have to wait? Many of our potential applicants want to know the answers to these questions, and we here at Auto Credit Express want to explain this tricky situation.
When you need a car and want it to be easy on your monthly budget, it can be tempting to get the longest loan term you can in order to get the nicest car possible. But if you are dealing with damaged credit, this goal may be difficult to achieve, and frankly, not worth it.
There are a few reasons why you may be tempted to pay cash for your next vehicle. However, believe it or not, there is a compelling argument to be made for taking out an auto loan instead of using cash.
Taking on a car loan is a big decision, and it is an even more difficult decision to make when you are dealing with tarnished credit.