Consumers with problem credit typically ask us about auto leasing because they’re either looking at more expensive vehicles or they want to keep their car loan payments as low as possible.
Auto loans to buyers with poor credit continued to increase during the fourth quarter of 2012.
When it comes down to it, consumers applying for auto loans should place the most dependable cars at the top of their shopping lists especially if they have questionable credit.
We know that consumers with credit issues don’t always have the time to apply for a car loan either from work or when they’re at home.
Ever wonder about those advertisements for no credit check car loans, easy credit auto finance or no income auto loans? If you’re someone with questionable credit, before clicking on the link you might want to consider an alternative solution.
Car shoppers with less than perfect credit that get paid “under the table” often don’t understand why this practice might prevent them from getting approved for high risk car loans.
While an applicant’s FICO scores will determine the type of car loan they’ll get, their income when compared to their expenses will determine whether they’ll qualify for a loan as well as the payment range where they’ll be placed.