Car Dealer Blog

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.

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.

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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. 

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.

At Car-N-Credit, we offer a variety [...]

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. 

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. 

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.

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.