Car Loans Online,Get the Best Car Loan That Is Right For You.Apply Now!

No Credit Car Loans

Posted on Nov 11, 2011 by Thalia Green
Nov 11

No Credit Car LoansIf you have bad credit or no credit at all and don't think that you can get a car loan, then think again. can get you an auto loan with any type of credit. Qualifying isn't difficult and all you need to do is break the stigma attached with bad credit and realize you can get the car loan you need.


Qualifying with is easy. Here are the basic criteria you will need to have:


- 18 years of age
- At least $1,600 a month in income
- Stable Job
- Sable Residence
- No repossessions in the last year


Getting a bad credit car loan is possible. But the first thing you need to do is honestly figure out how much you can afford for a monthly payment. Lower payments will mean that the duration of your loan will be longer and the interest rate could be a little higher, but you can still get a car loan with bad credit. All you will need to do is realize what your monthly payments will be and see what you can afford.


Everyone needs a second chance and you can get that chance with a successful payment history on your new car loan. Your credit history can improve and you may never have to worry about bad credit again. understands how easy it is to find yourself with bad credit all of a sudden and how difficult it can be to get out of it. If you qualify with the above criteria, you can get a car loan plain and simple.


Apply for a car loan today and you can be in your new car in as little as 48 hours. Everyone needs a car for everyday life, so don't let bad credit get in your way of getting a car loan today. Apply for a loan with 

Tags: ,

Bad Credit Car Loans

Why Would I Want A Cosigner for a Car Loan?

Posted on Oct 04, 2011 by Thalia Green
Oct 04

Are you unfamiliar with the concept of a cosigner? A cosigner is someone who agrees to sign off on a car loan with you. In addition to your credit history, the lender will also take into consideration the credit history of the cosigner. If the cosigner's credit history is good, it can act as a trump card on the loan application, moving it to the top of the stack. Obviously if you have someone who is willing to cosign for you, it would be a favorable option. Here are some situations in which having a cosigner is a good option.


Bad Credit
Bad credit can happen for all kinds of reasons. Some are as a direct result of your actions, others are outside of your power. For example, identity theft can wreak havoc on your credit report, and can sometimes take weeks or months to undo the damage. In the mean time, you might need an auto loan so you have a means of transportation. But acquiring one with a cosigner could be a great option. If you are otherwise responsible, a cosigner might be willing to take on partial responsibility for your car loan. In time, as you get your credit cleaned up, you might be able to take on the loan exclusively. The cosigner can be a temporary solution to identity theft.


No Credit
College students who are just starting out have no credit history to speak of. They will almost certainly need the help of a cosigner. In this scenario, it's usually a parent who acts a cosigner, while the student makes regular payments on the loan. Over time, the student will build their own credit history, and after a period they might be ready to take on full responsibility of the loan.


Regardless of the reason for the loan, open lines of communication are crucial. Trust between the cosigner and the buyer must be maintained. If you are taking the initiative to seek out help from a cosigner, you should offer also to give the cosigner access to view your bank statements and other financial records. An agreement should also be made as to the consequences of defaulting on the loan. Payments for the loan should be made a top priority, one of the first things that you should pay when your paycheck comes in. Your goal should be to eventually take over complete responsibility for the loan.

Tags: ,

Bad Credit Car Loans


<<  July 2019  >>

View posts in large calendar

Month List