Raise your hand if you like going to the DMV. How about the post office during the holidays? Calling your Internet provider during an outage? Yeah, us neither. If there's one thing that drives us nuts it's having to wait for things that are important or vital to our well-being or quality of life. Long lines and busy signals can hold up our entire day, and force us to alter our schedules--which is why when it comes to how we do business, we're pretty picky about making sure we streamline your credit application as much as possible.
In Part One of the series, we discussed the advantages of having current income in order to get approved for a car loan despite bad credit.
In Part I of our series, we'll visit one of the key ways you can improve your chances of getting a car with bad credit. This series is designed for anyone who's trying to finance a car with bad credit, or even first-time car buyers who haven't yet had time to build their credit.
Since Henry Ford and other early 20th Century innovators began cranking out Model Ts like there was no tomorrow, Americans have embraced automobile transporation at consistently staggering heights. Whether yor were one of the original Ford assembly plant workers putting your wages toward a horseless carriage, or a Ford executive looking at recent sales numbers for the F-150 Series, it's easy to see that Americans have long had a love affair with autos.
- Set a reasonable expectation for the car you can afford right now--not your dream vehicle. With time, and cosistent payments, you'll work your way toward that shiny SUV, truck, or hybrid you really want!
Buying a used car is nerve wracking enough, but buying a used car when your credit is poor or suffering from an unexpected financial set-back, can be even more frustrating. Most banks and credit unions won't lend to you because you're considered too much of a financial risk, but without someone taking a chance on you, there's no way to rebuild your credit and your financial reputation.