Bad Credit Auto Loans, Unicorns and You

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Getting auto loans when you have – let’s be honest – bad credit* can be like searching for legendary creatures. However, there is a key difference between legendary creatures and bad credit refinance auto loans for people with bad credit:one of the two actually exists. Here’s a handy guide to help our awesome readers tell the difference.


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This is a picture of a unicorn. A unicorn is a horse with a single, spiral horn protruding from its forehead. Unicorns were first mentioned in Indika by Ctesias in the fifth century B.C., and they remain a prevalent figure in art, poetry, prose, and even heraldry. However, the unicorn is not a focus of study for animal biologists, because, as a legendary creature, it does not exist*.


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This is a narwhal. The narwhal is a medium-sized whale, whose protruding, spiral tusk is reminiscent of the non-existent horn of a non-existent unicorn. If you encounter a narwhal, which you might, as narwhals do exist, do not attempt to ride it like a unicorn, which you couldn’t even do to a unicorn, because they don’t exist.


061914 Bad Credit Auto Loans, Unicorns and You


These are cars of the kind that, along with many others of different shapes and sizes, might be bought by qualified buyers with bad credit. Despite poor credit, a qualified applicant is able to get approved for an auto loan and then get on the road in a car, truck, SUV or crossover. Full-spectrum lenders, like RoadLoans, are a good option when you need to apply for a car loan with bad credit. Full-spectrum lenders do indeed exist, and they specialize in dealing with borrowers who have credit levels of every kind: very poor (or even non-existent) credit, all the way up to very good credit.

Apply for an auto loan with RoadLoans. If approved, you will know the terms of your financing before even visiting the dealership, enabling you to shop with confidence.


* “Bad” or “Poor” credit generally is considered a FICO score around 600 and below by sources including the Consumer Federation of America and National Credit Reporting Association (reported by the Associated Press),,, Investopedia, and others. The Congressional Budget Office identifies a FICO score of 620 as the “cutoff” for prime loans. FICO scores are not the sole factor in lending decisions by and Santander Consumer USA.



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