Bad credit buyers with approved auto loans might want to consider what Consumer Reports has to say before making a buying decision on a new car.
It now looks like it might be a real good time to finance a car with bad credit auto loans.
With bad credit you probably will not know the interest rate you will be charged for terrible credit auto loans until you have been approved.
People with bad credit often don’t realize that their credit scores could drop even further even while they’re financing a car with no credit auto loans.
Credit-challenged customers with approved auto loans can sometimes make poor decisions when they walk into the finance office.
If you’re considering applying for a bad credit auto loan you’ll find that the latest report from Experian Automotive contains some good news.
Even with really good credit it’s not always easy getting approved for a vehicle loan if some or all of your income is from disability or SSI payments. It’s even more difficult if you’re applying for a problem credit auto loan.