Comments Off on How Long Does it Take to Get a Bad Credit Car Loan?
When you have bad credit, getting a car loan can be a long and lengthy process. In some cases, finding a loan institution that accepts your credit score can take months. However, not all hope is lost. With Car-N-Credit, you can get a bad credit car loan is minutes!
The Typical Loan Process
Not a lot of people have the money to be able to purchase a car in cash. For most people, car loans are the alternative solution—allowing them to purchase a car and pay for it over time. In order to get a car loan, most people either find a car loan on their own or use one that is offered by the dealership. When searching on your own, you will have to apply for a loan and wait [...]
Comments Off on Where Can I Get a Bad Credit Loan in Ohio?
Having a poor credit score can impact your ability to get loans. While a bad credit score could have previously meant the end of the road for many, it isn’t the case anymore. Thanks to new options that have been recently made available, obtaining a bad credit loan is easier than ever.
Residents of Ohio can obtain a bad credit loan from several lenders. But considering the options available, it can be a little tricky to find the best one.
CarNCredit Offers Bad Credit Loans in Ohio
The folks at CarNCredit can facilitate your auto loans, regardless of your credit score. So you should be able to find a suitable plan even if you have bad or no credit. Unlike other dealers in the region, CarNCredit only requires a two-year term. By comparison, other dealers seek at least a two-and-a-half to three-year term.
CarNCredit accepts weekly and bi-weekly payments, allowing borrowers [...]
Comments Off on The 5 Best Cars for First Time Buyers
Buying your first car is a big occasion. Even if you have driven cars before, getting your own automobile for the first time is a completely different experience. A lot of time goes into picking a car best suited for your budget and preferences.
There are various aspects to keep in mind before getting a new vehicle. These include safety features, miles per gallon, seating capacity, and so on. If you’re not careful in considering these factors, you may end up eventually getting disappointed with your car. This makes the decision all the more crucial for first time car buyers. With this in mind, let’s look at the top five used cars for first-time buyers.
2017 Nissan Versa S Plus
The Versa S Plus boasts an array of features ideally suited for first-time car owners. [...]
Comments Off on How to Buy a First Car Without Credit History
Buying your first car can be a challenging experience. Most first-time buyers don’t have the money to pay for the car upfront. So they need loans to acquire their new vehicle. But in most cases, getting a loan requires a decent credit history and rating.
The good news is that you can still get a car loan even without a good credit history. Let’s look at how you can start planning for that first car.
Pick a Car
The first step in the process is to choose a car that suits your budget and preferences. When you have a vehicle in mind, go through its features. It can also help to know what other customers have to say about it, so take time to research and read reviews.
Comments Off on How Will I Know if I Will Be Approved for a Car Loan?
Walking into a car dealership with bad credit can set you up for an embarrassing situation. What happens if you aren’t approved for the loan? How can you know if you won’t be approved for a car loan? At Car-N-Credit, we have a loan guarantee program that can put your worries to rest. So if you have bad credit or no credit, you can rest assured that you will be approved for a car loan.
Work with Multiple Credit Situations
At Car-N-Credit, we work with multiple credit situations. Our team believes that your credit score should not influence your ability to purchase a car. That’s why whether you have bad credit, no credit, or a poor credit history we will work with you.
Comments Off on Can I Buy A Car with Bad Credit Without Using a Cosigner?
For people with bad credit, no credit, or poor credit history, getting a car loan can seem like it is outside the realm of possibility. However, that is not always the case. You can buy a car with bad credit without using a cosigner, and this article explains how.
What Credit Score Do You Need To Get A Car Without A Cosigner?
Most financial institutions require a credit score of 650 or above in order to qualify for a good car loan. If your credit score falls below this score, many times they will require a cosigner for the loan. This consigner is the person who is responsible for the loan payment if you fail to pay them. However, for people who don’t have someone who can be a cosigner, this can come as bad news, but all hope is not lost.
Comments Off on What Information is Needed to Buy a Car with Guaranteed Loan Approval?
Purchasing a car is already stressful enough without having to worry about your credit history. Thankfully, guaranteed loans are available for individuals with bad or non-existent credit. The team at Car N Credit is available to help you get a guaranteed loan and purchase a vehicle.
What is a Guaranteed Loan?
For individuals who don’t have a credit history or who have a low credit score, getting a loan from a typical bank is difficult. Instead of relying on a bank, some dealerships offer customers guaranteed loans. A guaranteed loan is a promise of repayment on the loan by the dealership should the payer default. This means that instead of working with the loan institution, you work with the dealership to arrange payments. At Car N Credit, we offer guaranteed loans to individuals who live within a 60-mile radius of our dealership.
Information Needed to Buy a Car with a Guaranteed Loan
Comments Off on What’s the Lowest Credit Score to Buy a Car?
Are you planning to buy a car? If yes, you most probably are considering a loan. 85% of new car purchases in the country are financed. But when you apply for a loan, you need to consider your credit score.
What Is a Credit Score?
The credit score is a system designed to identify the creditworthiness of borrowers from the perspective of a lender. You can get a score of anywhere between 300 to 850. The higher your score, the better you look to lenders.
A high credit score means getting better rates with lenders. That is because they see you as someone trustworthy.
That said, several factors can affect your overall score. These include:
Length of credit history
Types of credit
Total amount you owe
History of your payments
If you miss out on payments or do anything that [...]
Comments Off on Can I Get A Car Loan with A 500 Credit Score?
When you have a 500 credit score, how do you find the best auto financing? And is it possible to get the right car when on a tight budget? Luckily, at Paul Sherry’s Car-N-Credit, you can get a car loan with a low credit score. As one of the leading car financing dealerships, we work with any credit score. So we are here to offer a great price and auto financing for your dream car.
We Don’t Pull Your Credit
Our company won’t pull your credit score when applying for auto financing. Instead, we aim to have you behind the wheel of the right vehicle. So when you apply for an auto loan with us, know that you are in good hands.
We have worked with local and national lending companies for decades. And today, we can use our connections to ensure our customers get the car they want.