Bad Credit: We have car loans for you
A very common experience of borrowers: you met with several lenders and everybody confirmed that you are eligible for a car loan. However, when you applied for the car, it gets rejected. When you ask the lender to reveal the problem with your application, he says there is problem with your credit score and that you have poor credit.
It’s a very common problem faced by most of the borrowers with bad credit-you visit several borrowers, you send your time, efforts and money on visiting and in last you land up with rejected application by all lenders.
First you should know what is bad credit: Though each lender has its own definition but usually credit score of less than 620 lands you in this less-than-desirable category. Bad credit does not mean closing of all financing options. There are several lenders who are specialized lending to those with bad credit.
Bad Credit Car Loan:
Bad credit car loans are customized loans meant specially for people with bad credit score. So, how people with bad credit score are different from others-A bad credit score include:
- Late monthly payments
- Pending payments
- Defaults in payments
- Filling for bankruptcy
- County Court Judgements also called CCJ
With a bad credit car loan, a borrower can not only buy a new car, can opt for refinance but also gets a chance to improve his credit record and his reputation. Once you get, a bad credit car loan, you by a car and use as you wish.
Our Fast, efficient and reliable online application makes the bad credit loan process very comfortable for you. You only need to fill out our online application form and we will contact you at the earliest.
If you don’t have a car in mind already our expert counselors will be quite helpful in advising you based on you loan amount, your income and the purpose for which you are taking bad credit car loan.
So finally, don’t be discouraged if your earliest attempts at financing have failed. With us, you don’t need to settle for your second or third choices of vehicles.