Free Credit Scores and No Credit Auto Loans

You can improve your chances of qualifying for a problem credit auto loan by first getting your hands on a copies of your credit reports

Your credit

In some cases, people apply for a bad credit auto loan before seeing their credit report only because they believe they’ll have to pay for one.

While this may not seem important, we know better because we’ve been working in bad credit car sales for almost twenty years here at Auto Credit Express.

Our web site explains the approved auto loans process so applicants can avoid many of the issues that can lead to repossession, while buyers approved through one of our affiliate dealers are able to avoid tote the note car lots.

A free credit score

If you’ve been paying attention, you’ve probably seen or heard commercials offering people a free credit score. But do you really need this kind of service and is it really free?

In reality, most of the companies that that advertise this service are doing it so you’ll visit their web sites and sign up for additional paid services. But there is one site that will let you view and print your credit reports from each of the three credit bureaus without costing you a dime.

Accessing your credit reports

The Fair Credit Reporting Act was passed by Congress in 1970 to ensure that consumers would have access to the information in their credit files. In 2003, a new law (the Fair and Accurate Credit Transactions Act or FACTA) changed the original act to require credit bureaus to furnish consumers with one credit report per year from each bureau at no charge, as well as access to their FICO scores for a reasonable fee (not free but at least available).

This can be done in three different ways: You can write to each bureau, you can call the toll-free numbers of the 3 credit bureaus, or you can go to this website: www.annualcreditreport.com.

Once there, you’ll need to furnish information that establishes your identity and, once validated, you can view and download a report immediately.

Additional services

And what about those extra services you see ads for? A number of companies such as freescore360.com will, for a fee, furnish you with a credit report and a credit score from each credit bureau. Credit monitoring services are also available that can help you guard against identity theft.

What we can do

Auto Credit Express places people with bad credit with dealers that can give them their best chance at an approval for horrible credit auto loans.

So if you are serious about getting your car credit back on track, you can begin by filling out our online car loans bad credit application now.

Posted on October 1, 2011 by in Auto Loans, Bad Credit, Credit Repair
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