Tag: bad credit

Need to take out a car loan but have bad credit? If you’re currently in this situation, you’re definitely not alone. You may be wondering what your options are, considering the fact that you usually have to have a pretty good credit score to be approved for a car loan. Thankfully, that’s not the case with bad credit car loans. Let’s take a closer look at what bad credit car loans are, as well as some things you should know before applying for one below.

As the name suggests, bad credit car loans are specifically designed for people who have low credit scores and therefore may have difficulty getting approved for a traditional car loan. These loans tend to come with higher interest rates and stricter repayment terms. However, they can be a viable option for people who need a car but happen to have limited [...]

If you have a bad credit score and are looking to take out a car loan, you might be worried about your options, and that’s definitely understandable. However, there are lenders out there (like Car N’ Credit) who specialize in bad credit car financing, and with the right approach, you should still be able to get approved for a loan. Let’s take a closer look at how bad credit car financing works below. We’ll also delve into what you can expect in terms of interest rates and fees as well as how to improve your chances of getting approved for a bad credit car loan.

A bad credit car loan refers to a loan that’s specifically designed for borrowers who happen to have a low credit score. These borrowers typically have a credit score of 580 or lower, which is considered a poor score and, unfortunately, [...]

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 [...]

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 [...]

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. 

Need a car but worried about not getting a loan? Well, at Car-N-Credit, we make it easy to get a car loan. Finding and buying a dependable car, at a price you can afford, is a challenge all in itself. Then, you need to work on getting an auto loan, but that can be difficult. At Car-N-Credit, we know how having a bad credit score can affect your vehicle decisions. With Car-N-Credit we guarantee you an auto loan–no matter your credit history or status. 

Car-N-Credit is the best guaranteed auto loan provider in the Piqua/Dayton area. With our guaranteed auto loan promise, we ensure that you get an auto loan even if you have a poor or no credit score. Unlike other dealerships with [...]

Most people need a vehicle, but it may surprise you how challenging it can be to get one when you start looking — especially if your credit score isn’t up to par. And with the average SUV generally costing more than cars, it’s even more important for shoppers to secure affordable financing. Guaranteed auto loans seek to change the traditional auto buying process by getting people the vehicles they want without taking a negative credit score into consideration.

Guaranteed auto loans make you eligible to get financing for a new or used vehicle, regardless of your credit history, credit score, and other financial marks against you. Whether you have no credit or bad credit, a guaranteed auto loan can still help you get the vehicle you want and need.

Have you visited other dealerships only for the finance department to run your credit and say they can’t help you? Not every car buying experience needs to be like that. In fact, bad credit does not automatically disqualify you from buying a vehicle.

The key is to work with a dealership that’s designed to handle situations like yours. At Car-N-Credit, we work with people who have bad credit every day. Despite your credit history, you can qualify for guaranteed auto financing with us.

Our financing model is buy here pay here. That means that you buy the car from us, we finance it, and you make each payment with us until you pay off your loan. We even offer two-year payment terms so that you can get your car paid off quickly.

We’ll also work with you on an affordable down payment amount, [...]

People with bad credit are often turned away from car dealerships that refuse to finance them because they’re “risky” to lenders. However, having bad credit shouldn’t automatically make you ineligible to buy a car. At Car-N-Credit, we help people like you with a less-than-perfect credit history find a vehicle they love for the right price. We offer both bad credit and no credit loans to people in Troy, Dayton, Piqua, Sidney, and the Miami Valley.

If you have bad credit and still want to buy a car, you have options – especially with Car-N-Credit! We believe that no person who’s serious about financing a vehicle should be turned away, which is why we’ve created a process that can get you into the car you want, regardless of your credit score.

Here’s why you should choose Car-N-Credit for your bad credit car loan in [...]

When you visit Car-N-Credit, you will notice excellent customer service in addition to a great selection of vehicles that fit your budget, regardless of your credit score. One of the major differences at Car-N-Credit compared to other buy here pay here dealerships is the high level of service you will receive. Our level of service will let you know that we make your interests a priority so you are fully satisfied with your purchase.

At Car-N-Credit, we understand the importance of customer service, both for you as a customer and for us as a business. By striving to deliver the best possible customer service, we can ensure that everyone who leaves our dealership does so with a smile on their face and complete satisfaction. If those satisfied customers spread the word, we are able to help even more drivers find the vehicles that they need or want, regardless of their [...]