Category: Bad Credit

Are you in the market for a new car but happen to have bad credit? Don’t worry. You’re certainly not alone! A lot of people struggle with bad credit, and some may feel like they have limited options when it comes to taking out a car loan because of this. However, if you work with a dealership that offers bad credit car financing, you’ll find that the situation isn’t nearly as bleak as it seems. Let’s take a look at some of the benefits of working with a dealership, like Car N’ Credit, that offers bad credit car financing options.

When you work with a dealership that offers bad credit car financing, you’ll see that there’s actually a pretty significant number of lenders available to you. Dealerships like Car N’ Credit have established relationships with various lenders — especially those who happen to specialize in bad [...]

Getting a car loan can be tough, especially when your credit score leaves something to be desired. Lenders know this, and some will, unfortunately, take advantage of those who have bad credit scores by engaging in predatory lending practices. Thankfully, by being aware of these practices, you should be able to avoid scams and predatory lending. Let’s take a closer look at some of the tips and tricks you should keep in mind below.

When applying for a car loan, you’ve got to remember to watch out for red flags that may indicate predatory behavior in a certain lender. Listed below are some red flags you should always keep an eye out for:

Predatory lenders will often charge higher than needed rates, which can make your loan more unaffordable in the long run. While some situations do require a higher interest rate than others, you [...]

Your credit score can affect a lot of financial offerings, including mortgages, credit cards, and car loans. If you need to buy a car, but your credit is less than stellar, you need to know what you can expect in terms of interest rate and other costs. Let’s take a closer look at the average interest rates for car loans with bad credit.

Your credit score is essentially a measure of your “creditworthiness” or how responsible you are as a borrower. The higher your credit score, the more loans will be available to you and the lower your interest rates will be.

Your interest rate is how much money is added to your loan total or balance each billing cycle. A higher interest rate means you’ll pay more for a loan over its lifespan compared to a lower interest rate.

Generally, if you have a bad [...]

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!

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 [...]

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.

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 [...]

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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