Do you have bad credit? Need a car? If that’s the challenge you’re facing don’t be discouraged, it’s a common one, but many people are discovering ways to get into vehicles with loans that fit their circumstances.* It helps to be informed before starting the purchase process.† The Federal Trade Commission recommends car buyers should first get a copy of their credit report, and details how to get it. This will provide a better idea of where your credit stands and you can also check for errors. Having checked your score, if you do find yourself with bad credit and… Read More
Buying a car with bad credit seems like a daunting task.* But like anything, preparation is key. With competitive rates and a quick decisioning process, RoadLoans can help you get your new car, with less hassle. Here are 5 obstacles that can occur when buying a car with bad credit and how RoadLoans can help you get around them. Not enough money down. Solution: Save some more and then apply again. Start saving up to add to your current budget, and consider re-applying when you have reached your goals. Lenders are often willing to wait for you and help place… Read More
You’d like to buy a car but you’ve got bad credit, and we all know what that means; it means that there’s no way you will ever get a car loan. And even if you do qualify, you’ll have to pay astronomical rates. Right? Wrong. The truth is that people with bad credit can get car loans, without paying exorbitant fees. You just have to know how to go about it. If a less-than-stellar credit rating has put your dream of car ownership on hold, take hope. And don’t be taken in by these five myths about buying… Read More
Bad-credit auto loans are part of the reason for recovery of car, truck and SUV sales through last year and into 2014.* That includes used-vehicle sales, which make up a large portion of the market. “The ability of subprime customers to obtain vehicle financing helped the used-vehicle industry finish [2013] on the upswing as December capped an overall great year for the pre-owned market and pushed the full-year sales total above 40 million units,” reported SubPrime Auto Finance News. Used-car sales closed 2013 at just under 42 million units, CNW Research reported. An improving economy… Read More
Bad credit can get in the way of car shopping. Sure, it’s easier to get to get a car loan if you have good credit, but not everyone has good credit. “Some estimates show that 25 percent of American adults are saddled with bad credit,” according to the website DMV.org. “Yet, thousands of these individuals manage to get car loans every day.” Those are the shoppers for whom RoadLoans is the answer. Having a less-than-perfect credit record, while a hurdle when you seek financing, should not prevent you from getting a car loan to purchase the new or used vehicle you want.… Read More
Your auto loan application often determines whether you drive home with a new car. The ideal auto loan candidate frequently has a large down payment and good credit score, and can anticipate approval for a favorable, low-interest bad credit refinance auto loan. However, not everyone's loan application is that impressive. What if you need car financing for bad credit? What if you have worked hard, but still have bad credit preventing you from getting a low-interest auto loan? What if that one rough year during college is damaging your credit score? What if you have bad credit because someone stole… Read More
Every dollar counts in this economy, especially if you’re like many of the senior working class. Our children are out of the house via college or corporate job, and retirement is closing in fast. But while some may have a nest egg to fall back on, those of us without a college degree are more in need of a golden egg. There isn’t much money to just throw away, so when looking for a car, you’ve got to be practical. If you have credit challenges, you have to be sensible and realistic. Finding a company that provides second chance… Read More
I know some of us can’t live without online transactions. Who has time to mail letters or pay for something “in person?” Not me and certainly not today’s young professional. Everyone between the ages of 25-34 are either working hard or playing hard or both. They are self-proclaimed workaholics spending 60 hours a week at work, or single and social spending six hours a day at the gym preparing for the perfect evening out. Either way, there is no time to do things manually anymore. It’s online or bust. Just think about those necessary evils that normally take huge blocks to… Read More
Having bad credit can sometimes feel like you are walking around with a big "Loser" sign around your neck. You think nobody will help you out. But bad car credit refinancing is actually something that can do a great deal of good for you. You gain self confidence about your financial situation when you can get a new loan to replace the high interest one you had to agree to, to get the car or truck you needed. Don't fear - you can do it. It doesn't matter how your credit became bad. Maybe you lost your job and the bills started piling up.… Read More