Want to get good interest rates and deals on an auto loan? It all comes down to one thing: your credit rating. When you have great credit, the sky is the limit. You can qualify for great offers like 0% financing, no money down offers, and low cost leases. But when you have damaged credit, your options may be initially limited, but as long as you take steps towards rebuilding your credit, you can improve your chances for those great offers in the future.

While a balloon car loan can reduce the monthly payment on a vehicle, lenders that offer these loans, because of the higher risk involved, usually only approve them for their most credit-worthy borrowers.

Striving toward the purchase of a dream car but credit problems have you stuck? Long summer days often have people wishing they were cruising in the car of their dreams. Achieving this dream is possible, but for individuals with credit challenges, it may take some work first. Rather than being stuck in the mindset that you will only purchase one specific vehicle, a little flexibility goes a long way toward making your dream a reality.

Subprime lenders take many factors into account when making an approval decision. Brad recently learned this after his auto loan application was denied. So, he set out to figure out why his application was rejected.

When you are dealing with damaged credit, it is best to save time by following a buying process. At Auto Credit Express, we make it easier for car buyers with bad credit to find the auto financing they need.

Every year, subprime loans provide a ray of light for millions of consumers with less than perfect credit. However, they still have strict guidelines to be met for approval, and aren’t guaranteed to work for every potential borrower. If your ducks are in a row and you’re ready to begin the process of financing your next vehicle, this is a great place to start.

The latest report from Experian, one of the nation's main credit bureaus, shows the number of loans written for people with bad credit fell to the lowest amount since 2012.

If you have bad credit you may be wondering why it's so difficult locating a lender that deals in horrible credit auto loans.

But if your credit score falls below 640 or if you have a limited credit history and no co-signer, the issues of finding a lender and getting an approval are more difficult. There are over 30 national or regional lenders that offer a poor credit car loans and their lending requirements can vary widely. The biggest issue for poor credit buyers, however, is that practically all these financial institutions only loan indirectly. In order to request a credit decision, you'll have to submit an application through a franchised new car dealer that has signed up with them.

If you have bad credit you may be wondering if you qualify for a sign and drive loan that requires little or no money for a down payment. We know the answer because we've been involved in bad credit car sales for close to two decades here at Auto Credit Express.