1 / 10

How To Apply For Car Loan With Bad Credit

Looking for car loans with bad credit doesn’t have to be an overwhelming experience. Follow these steps for a stress free loan application and approval process. For more details visit http://maritimecarloan.com/

Download Presentation

How To Apply For Car Loan With Bad Credit

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. HOW TO APPLY FOR CAR LOAN WITH BAD CREDIT

  2. The Bad/No Credit Situation In America • One third of Americans have a credit score • lower than 601 • 56% of people • have subprime credit scores • One in ten Americans, i.e. about 26 million have no credit history • 19 million Americans have limited credit reports; so much so, they’re unscorable.

  3. How To Shop For Car Loan With Bad Credit? • A car loan is the easiest and the most effective way to build credit • They are instalment loans, i.e. you borrow and pay a fixed amount every month

  4. Step #1 – Check Your Credit Score • Do not assume the worst • Check credit score with reputed bureau • Shop for car loans within the two week time window to avoid negative credit score

  5. Step #2 – Look for Options • Banks – credit approval process is slow • and selective • Credit Unions- credit approval process is slow • Payday loans – Interest rates are high • Car dealers- Instant car loans for bad credit • and no credit situations

  6. Step#3 – Look for Loan Term • Short term loans may affect monthly budget • but beneficial in the long run. • Long term loans – easy on the budget but • you’ll end up paying more in the long run

  7. Step#4- Look For Deals and Discounts • Cash back offers and discounts • Referral discounts

  8. Step#5 – Read Between The Lines • Do not fall for traps – scrutinize add-ons and other services • Read the contract – ask questions

  9. Contact Us • We offer bad credit and no credit loans • Cash back for up to $5000 • Referral discounts and student discounts • also available • Free delivery within Canada

  10. Website: maritimecarloan.com Phone: 902 -469 -8122 Address: 215, Wyse Road, Dartmouth, Nova Scotia, B3a 1n1

More Related