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Tips To Choose A Bad Credit Car Loan

No credit? Bad credit? No problem. A bad or no credit situation needn’t stop you from owning your dream car. Here’s how to choose a bad credit car loan. Visit maritimecarloan.com for more information.

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Tips To Choose A Bad Credit Car Loan

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  1. HOW TO CHOOSE CAR LOANS FOR BAD CREDIT

  2. How Does Credit Score Affect You • Major credit bureaus like Equifax, Experian • and TransUnion keep track of • one's credit information • Credit score determines your interest rates • The more your credit score, the less your • interest rates will be and vice versa • Be aware of your scores and • keep track of your credit records.

  3. Research Bad And No Credit Car Loans • Choose an auto loan payment calculator • to budget your plan • Look for options that let you rebuild your • credit and offer other cash incentives • Check for low interest rates • Look for exciting offers which can be • afforded even for a bad credit holder

  4. Understand Your Credit Score Report • 720 and above - > Excellent Credit(Exceptional) • 680 to 719 -> Good Credit (Great) • 620 - 679 - > Average Credit (Moderate) • 580 - 619 - > Fair Credit (Low) • 500 - 579 -> Bad credit (Bad) • Below 500 - > Very Bad credit (Terrible)

  5. Improve Your Credit Score • Understand the effects of having bad credit • Don’t buy things you cannot afford • Pay your bills on time • Don’t take on more debts than necessary • Speak to the debt collection agency for repayment plans and make sure they • de-list you after the debt is cleared.

  6. Shop Around • Identify your credit scores and • find ways to improve • Check for companies that provide • low interest rates and come up with • attractive offers like discounts, • cash back offers, and other referral programs • Budget your loan inquiries and • work on action plan • Find a creditworthy co-signer

  7. About Us • Maritime Car Loan helps in financing car loans for good, bad and zero credit situations in • Nova Scotia and other Canadian Maritimes • 40 years of experience in car finance • We offer referral programs, cash back offers, • and discounts for students, defense employees and those new to the country • Free delivery within Canada • Interests as low as 2.9%

  8. Visit us: 215 Wyse Road, Dartmouth, Nova Scotia, B3a 1n1 902-469-8122 Website: https://maritimecarloan.com

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