It’s not necessary to go to the bank to get approved for your dream car. Good credit or bad credit, we can help you get your dream car today. Don’t let bad credit get in the way of your new or used vehicle. With our credit refresh program we have you covered whether you have good credit, bad credit or no credit. You can be driving off the lot today with your brand new car.
Unlike many dealerships, our credit refresh program inspects every possibility. We are proud to provide products that aid our customers to move forward to a exceeding financial future. With bad credit, good credit or no credit, we will push forward to get you the car that you deserve.
With our credit refresh program, we have all the assets in place to pledge with customers of all credit types, including no credit or bad credit. You will receive the precise service and experience as those clients who have maximum credit level. With our credit refresh program, having no credit isn’t a problem.
Don’t be over concerned with what documents to bring. With our credit refresh program, we will walk you through the process to get your new or used vehicle. By filling out the Auto application form linked to this page, you will get closer to your dream car and eliminate carrying all your important documents. Knowing that you can get your right car at the right price.
This depends on your situation, but normally we can have an answer for you within a few hours of submitting an application.
In many cases, a cash down payment may reduce the amount of monthly payments or keep payments the same while reducing the term of the loan. Our credit refresh program can help you determine the right amount of cash to pay upon closing the sale. We want to assist as much as possible to ensure that you get the best deal for the right price. Start now by filling out the Auto application form.
In general, owning a credit card is good for your credit score. Lenders mainly want to know that you can administer different strains of debt, so they examin a mix of both revolving debt and installment debt. Your credit mix accounts for 10% of your FICO score. With no credit or bad credit we can help you get your perfect car with our credit refresh program. Apply today to see all the great deals we have for you or give us a call.
It is not necessary to obtain a credit card. It is possible to illustrate that you are a accountable borrower and construct a great credit score. However, with our credit refresh program, we can help you obtain your dream car; even with no credit or bad credit.
There are many ways to increase your credit with a credit card. Making regular payments to your credit card is one of the best ways to build credit. Be careful with high spending (verge of exceeding the limit of the card); high spending can hurt your credit score by raising your credit utilization ratio. However, if you are able to keep your credit usage to 30% or lower the better it is for your credit rating. Remember, the longer your history of good debt is, the better it is for your score.
It is important to know the difference between leasing and buying a car.
- If you are leasing a car, you do not own the vehicle but you get to use it until it must be returned. Normally the first month’s payment is a up-front costs and a refundable security deposit. Up-front costs can also include taxes, registration and other fees. Most leases hold you responsible if the car is damaged, you’ll have to pay extra charges for exceeding what is considered normal wear and tear. Leases limit the amount of miles you may be able to drive per year. If you exceeded your limits, you may need to pay charges.
- If you have decided to buy a car you will own the vehicle and get to keep it as long as you want it. The up-front costs would include the down payment, taxes, registration, etc. Loan payments are normally a bit higher than a lease payment because you are paying off the price of the vehicle and interest. You will not have to worry about wear and tear, however, it can lower the vehicle’s trade in or possible resale value. At the end of the loan, you will no longer have car payments and have even built equity to help purchase your next vehicle.
- Auto loans can have a very positive effect on building credit. Having this installment loan and making timely payments shows lenders that you are creditworthy and will make you more eligible for other loans. It is important to have an installment loan such as a auto loan because most lenders look into your credit history for a healthy mix of installment loans and revolving credit; which can help you build credit to get other loans such as home mortgage loans.
- If you are able to get a low monthly car payment, you may be able to make extra payments and pay off your loan sooner; thus meaning that auto loans are flexible as long as the minimum payment is being made in the time required. If you are able to pay your loan off sooner than later, your credit score will increase sooner.
To establish credit the timeline can between 3-6 months. For more information contact us now for more information to established credit.
Normally it only takes about 3-6 months in order to refinance, or trade your vehicle in as long as you make on time payments.
When filing bankruptcy, a negative effect is placed on your credit. Your credit score will decrease largely depending on the kind of bankruptcy you file. Bankruptcy can stay on your credit report from 7-10 years, any discharged debts will be eliminated after 7 years. It is significant to apply for credit when your bankruptcy is finished, it will begin to re-establish a credit history and rebuild your score. One great way to re-establish credit is to obtain a car loan. They give you the chance to make timely installment payments on a large purchase, which help build positive credit. Financing may be a good option if you do not have cash for a down payment.
Generally Bankruptcy is considered when you are unable to make the minimum payments on bills, loans and more. Or if your income is so low that after basic expenses you do not have the money for a payment plan. Many people turn to bankruptcy because of divorce, medical bills, and unemployment.
Generally bad credit is created during a divorce when both spouses are in a joint account (example would be a credit card) and one of the spouses may create large credit purchases (or several) with the intention of hurting the other spouse’s credit and pushing them into huge debts. In many cases, this harms both parties credit.
It is recommended not to get a title loan to pay for another loan. There are many times where income is low and bills need to be paid, making title loans look attractive. Title loans offer you cash in exchange for the title of your (completely paid off) car. The car is insurance, if you do not pay the loan then they repossess your car. Title loans have huge interest rates and generally exploit laws. This allows title lenders to charge outstanding interest rates. So, when making payments to the title loan the majority of the funds will go towards interest payment and then the loan itself.
Many times people can qualify for a lease, but there are a number of factors that go into qualifying. In some cases it may be better to purchase a vehicle, but we can help guide you through that process!