Want to
drive a new car??
PAYLESS
then people with
PERFECT CREDIT
Bad
Credit Auto Loans
So you've got bad credit, no
credit, or straight out horrible
credit. You've applied to nine
lenders online and have gone to
four different car dealerships to
get the same answer from all. A
resounding, NO! Well, don't
despair. Your world is not
tragically crumbling down around
you.
"What's the problem?" You ask.
Good question. You're looking in
the wrong places. You may be
thinking that you have applied to
some of the biggest banks in the
country and have gone to some
fairly large dealerships, so if
they can't get it done, who
can?
First off, the larger banks,
do not typically cater to those
in search of bad credit auto
loans, nor do most car
dealerships. For the lenders
there is simply too much risk and
for the car dealerships it is, in
their minds, too much of a
hassle.
That is where sub prime loan
specialists, like myself, come
into play. A good sub prime loan
specialist understands your
needs, knows the right lenders,
knows how to properly structure a
bad credit auto loan, and stocks
the right inventory.
My advice would be to call
local car dealerships, ask them
if they have a sub prime credit
department and if you could speak
to one of the finance specialists
(be sure it is not a sales person
you are speaking with). Once on
the phone with them explain your
situation and see what services
they can offer to help you. If
you like what they have to say,
go visit them. If you don't like
what they have to say, call the
next car dealership in the phone
book, until you find the right
one.
It's a little time consuming
to make all these calls, but it's
well worth it when you find the
right loan specialist that can
get you on the road and driving
again.
Hopefully, this bad credit car
buying tip will help to save you
a bunch of unneeded aggravation
and time.
Justin's created a lender
review here
http://www.automalladventures.com/loans_
where you will find lenders for
all credit situations and can
apply online. You'll also find a
complete breakdown of credit
scores, credit tiers & how
lenders view and classify you.
Justin is always available to
give advice, and welcomes your
questions and comments.
http://www.insidercarbuyingtips.com
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