If you need to finance a car, it can be much more difficult to get approved for an auto loan if you have bad credit. It can seem next to impossible if you are dealing with unique credit circumstances from missed payments, late payments, collection notices, loan defaults, repossession, or bankruptcy. With all of the people this excludes from being able to get the cars they need, Auto Credit Express decided to solve this problem with the service we provide that helps you get approved for an auto loan.
Working With Auto Credit Express
If you need to get approved for an auto loan and you have poor credit, then you have come to the right place. But we must make an important distinction based on recent questions we have received, such as this one from a potential applicant:
"I was wondering if I find a vehicle at the dealership, is it possible for your bank to finance it for me?"
Auto Credit Express is not a bank. We are not a lender. And we are not going to be the ones financing the loan. Rather, when you apply with us, we match you with a dealership in your area that specializes in special financing and stands to give you your best shot of being approved. When you understand how subprime lenders operate, you will realize how valuable this service is.
Almost all major direct lenders tend to only deal with consumers with prime credit. Meanwhile, most of the lenders that are willing to help people with damaged credit only operate indirectly through dealerships they trust. On top of that, many dealerships are independently operated and have specific programs targeted toward specific buyers.
If you go about trying to locate a dealership on your own, you not only have to find one that works with bad credit, but also one that can work with your unique credit situation. For many people, this ends up being a wild goose chase that wastes a lot of time, effort, energy, and possibly even money.
Auto Credit Express has eliminated this problem entirely. We have teamed up with over 1,200 dealerships nationwide (and in Canada) that specialize in bad credit financing. When you apply with us, we use the information you provide to easily identify the one in our network nearest you that can accommodate your unique situation.
Understanding How the Dealership Can Help
When we let our customer base know that we will be connecting them to a dealership near them, we often receive feedback where the underlying concern is this:
"I was wondering if I can use another dealership besides [dealership name omitted]."
Whatever the reason, many consumers seem to be concerned about the dealership we match them with. What we'd like these customers to understand is that this is the place that not only can, but WANTS, to help them get the vehicle they need.
Here are three reasons to assure you that the dealership we match you with can help:
- There is a reason they accepted your application – When we connect you to a dealership, we arrange a meeting between you and its special finance manager. And there is a reason the finance manager has accepted your application: they are confident that they will be able to assist you. Remember, every dealership is going to have different requirements, so if one accepts your application, it generally means that they are confident you fit one of their lender's programs.
- With bad credit, it's best to lock in your financing first – When you have less than perfect credit and are trying to get approved for an auto loan, it usually makes the most sense to secure your financing before picking out a car. Getting attached to one certain vehicle before securing loan approval often leads to disappointment. With our service, the dealership helps you identify the vehicles in their inventory that fit your budget and meet your needs.
- You've teamed up with the experts – Many people who are seeking a bad credit auto loan are doing so for the first time. The best thing you can do when faced with unfamiliar territory is enlist the help of experts in that field. Auto Credit Express is exactly that when it comes to subprime car loans - we've been in the business for nearly 20 years. Our process is designed to not only help you find the dealership that can get you approved, but also to make sure that you meet with the finance manager there as soon as possible, and to help you in preparing to be able to go there and drive away on the same day! We make it as fast, quick, easy and hassle-free as possible.
Ready to Help
At Auto Credit Express, we have made it our mission to help people with damaged credit find realistic opportunities for auto loan approval that give them access to the car they need and the opportunity to improve their credit standing. More than 1.7 million consumers have bought a car with the help of our service, and you could be next.
To begin the process, all you have to do is complete our 100% free and secure auto loan request form. It will only take a couple minutes of your time, and we will get to work for you the second you click submit.