Bet you never thought getting a car loan was as easy as 1-2-3
Growing up, all children are taught their ABCs and 123s. Turns out, these lessons aren’t just the building blocks for future educational concepts, they can be one’s motto to live by.
Fast forward 20 or 30 years down the road. You need a new car, but your credit history is a bit bruised. What do you do? Turn to your 123s, that’s what!
Check your credit score and check out the best rates. Most prep work can be taken care of online at a convenient time for you. You’ll probably want to go with an auto loan provider that is sympathetic to financial situations such as yours. You see, most banks deal with only hard and fast numbers and any credit blemish will get you rejected. Auto loan providers who specialize in car loans for those with special credit circumstances may be more concerned with helping you get into an affordable car and understanding your current financial situation, instead of dwelling on the past.
Grab a buddy
Car shopping can be an overwhelming experience. Another set of eyes and ears can help you determine if the deal is really a good one for you. After all, many people have an emotional attachment to their vehicles and if they see one that “speaks to them", they have to have it no matter what. A friend can bring you back to earth, so to speak, plus review your financing application to make sure all the t’s are crossed and i’s dotted.
Play it smart
Look for car bargains online and seek out a car loan provider who can work with dealer partners in your area on your behalf. Local dealers often have extensive resources and experience in helping people with less than perfect credit. Fill out an online application right now and you could be driving away in your new vehicle tomorrow.