Simple, simple, simple . You fill out the free online application. You make an appointment at a local dealer. If you like the vehicles and loan terms, you drive away. If not, you walk away.
You have nothing to fear but fear itself, and considering 43 percent of all car loans are now held by people with less than prime credit, don't worry about getting embarrassed.
Our dealers are electronically connected to hundreds of lenders, and that increases your chance of getting approved. This is especially important in these credit crunch times.
Thing is, with car dealers hurting so badly, prices are so low many experts are calling this a once in a lifetime car buying opportunity. If you can get the loan, you're golden, and we can help you get the loan.
Apply today! If you make more than $1,800 a month, if you haven't had a car repossessed in the last year, and if you're not currently in bankruptcy, there's a good chance we can help. Must be 18 years or older.
Banks use ratios to determine your loan availability, income to debt, stuff like that, so here's a very important tip. If you have a tough credit situation, look for a car in the $7,000 to $12,000 range. That translates into a payment most people can handle, and it keeps the bank comfortable.
You can find plenty of research on the Internet for the best cars for bad credit customers, but to nutshell it, think of American cars three to four years old or foreign models five or so years old.
As we look around the expert lists, we find the same cars showing up in list after list as under-appreciated, quality vehicles at a price. These include the 07 Kia Optima, the 06 Ford Taurus, 05 Scions, 03 Honda Accord or 04 Pontiac Vibe.
If you're looking for solid cars around or under $5,000, consider the 03 Mercury Grand Marquis, 99 Subaru Legacy, 00 Mitsubishi Galant or 99 Toyota Corolla. Looking for a pickup truck bargain? Try a Ford Ranger (01) or Chevy Silverado (02).
Luxury on a budget? Try an 00 Lexus ES.
Don't go looking for a car without knowing your credit score. Comprehensive credit services can be found at GoFreeCredit.com.
MyFico.com can show you hows your credit score matches up to average national loan rates.
You can find excellent research for the
top cars for bad credit car loans at
Auto Loan Central. That's a more
boiled-down approach than
you'll find at sites such as
Edmunds.com.
Sites catering to specific credit
problems include Poor Credit
Car Loans, Quick Car Credit,
Quick Auto Loan, Easy Car
Financing, Car Financing
Central, Auto Credit
Central or Carlender.com.
NY residents. see New
York Auto Loan; similar
sites cater to California,
Ohio and Michigan.
