Here at Auto Credit Express, we are often asked why you should use our services instead of driving around the corner to a local dealer to apply for a bad credit car loan…

Not all dealers can help you and why

Just as the bad credit buying process is different, so is the dealer that can help you with a bad credit auto loan. Many dealers choose not to deal with subprime lenders.

Subprime loans require more effort than regular loans in the sense that dealers are responsible for more documentation and for making sure that the documentation is correct as well as verifiable. If anything goes wrong in the documentation process, the contract is sent back to the dealer and the dealer holds the contract for the car. This means the dealer must collect the monthly payments from the customer and dealers do not want to do this.

A dealer's used car inventory also has to be adjusted for subprime lending. Cars in inventory have to be the right kinds of cars in terms of mileage and year. Those vehicles also need to be purchased at or below NADA or Kelley wholesale, since subprime lenders base their “advance” (how much they will finance) on these figures. Without the correct inventory, the dealer can't sell any of the cars on the lot to subprime customers.

In addition to documentation and inventory issues, there is the large number of subprime lenders as well as the complexity involved with understanding the varying programs that they offer. Most subprime lenders have at least five “tiered” programs and each program can have its own set of requirements. Without a knowledgeable special finance department, keeping track of the lenders and programs is impossible.

How Auto Credit Express can help you

At Auto Credit Express, our business is the subprime car market. We have helped literally thousands of people with bad, blemished, bruised and tarnished credit buy cars and reestablish their credit at the same time. Our nationwide network of affiliate dealers specializes in bad credit auto loans. Out web site will help you determine how much car you can afford and unlike other sites, our toll free number is listed on every page, in case you have any additional questions. When you decide to buy a car, our credit application can be filled out in the comfort and security of your own home. For more information, visit We hope to see you “on the road” to better credit!