Here at Auto Credit Express we’ve found that car buyers with problem credit often don’t know what will happen once they’ve begun the process of applying for an auto loan.
Car buyers with bad credit often ask us if they can get preapproved for a car loan because they’ve heard they can from the information they’ve read on other web sites.
Car buyers with problem credit often ask this question about the auto loans offered by our affiliate dealers: “Can I buy a car with bad credit and no money down?” The answer, in most cases, is “no” – unless they have a trade-in with a cash value that meets the lender’s requirements.
Military personnel with poor credit on active duty or, even in some cases, in the active reserves may find themselves eligible for what could be considered as an additional new car incentive.
Consumers with a recent history of problem credit are still having difficulty finding anything other than local BHPH (buy here pay here) car lots that are willing to finance them.
Here at Auto Credit Express we’ve found that the reports from Experian Automotive, even those that don’t directly address the issues of poor credit buyers, often contain valuable information about higher-risk auto loans.