Click here to load reader
Upload
finance-company
View
188
Download
3
Embed Size (px)
DESCRIPTION
CarMoneyFinance is a auto finance company that provide guaranteed approve online bad credit car loans, auto loans and bad credit car finance for people with low interest rate. we also provide poor credit, no credit car loans for students.
Citation preview
Welcome to CarMoneyFinance
How to Get a Bad Credit Car Loan
The wrong car loan can have you paying thousands of extra dollars in interest. While it may appear that most low interest rates are for people with a solid credit history, you can still get a bad credit car loan with a favorable rate if you know where to look.
First Check out Your Credit History
Check out your credit history to see exactly why you have bad credit. Some things on your credit report can be explained to lenders so that they don't immediately reject you.
We Will Help In Counteract Your Bad Credit Rating
Gather the materials that will help counteract your bad credit rating. These items can include paychecks and other proof of employment. Your bank may be able to write you a letter of recommendation if you have an excellent banking history.
Get More Information about Bad Credit Car Loans
Visit several credit agencies and banks in your area to ask about bad credit car loans. Be honest about your credit rating and explain why it is bad.
Ask about the repayment choices for bad credit car loans. Some lenders will try to get you to take out a loan with a higher than normal interest rate. Go over your budget before you accept a loan to make sure that you aren't putting yourself in a situation that you can't afford.
Make an extra effort to repay a bad credit car loan on time every month. If you handle this loan well, then you will start to build up better credit.
Tips & Warnings If you are disputing any claims on your credit score, wait
until they are done before applying for a loan. Often, banks will reject you just because you have items in dispute on your credit report.
You may have to choose your car after you get a bad credit car loan. Don't worry, because finding a car is easier than finding a loan.
Don't add a car warranty or insurance onto your car loan because it will only make repayment take longer. You can get a warranty after you buy the car and save on fees.
Avoid loans from dealers that are "Subject to Financing." Often, dealers will try to sneak in different loan terms and higher rates because they think that you won't re-read the contract when you sign it the second time.
Apply Now for Bad Credit Car Loans
http://www.carmoneyfinance.com/