Skip to main content

Getting a car loan with bad credit really could be easier than you think

Getting a car loan with bad credit

You might think getting a car loan with bad credit is a fool’s errand.* Poor credit can cause some bumps in the road but it may still be possible for people in this situation to get auto financing that won’t break the bank.†

Credit history is one of several factors that may affect a lender’s decision on a loan application. Looking at where your credit stands could help you better understand your position when applying. The Federal Trade Commission (FTC) recommends consumers get a copy of their credit report before any major purchase, which can be obtained for free from each of the three national reporting agencies; Equifax, Experian and TransUnion. You may get your credit score from the lender after applying. “Usually, you will get your credit score as part of a credit disclosure notice after you apply for financing,” says the FTC.

Getting a car loan with bad credit

What might help you qualify?

Some points to consider when looking to qualify for a car loan with poor credit include:


  • Your choice of vehicle could play a part. Being realistic about what you can afford can help when thinking about getting a car loan with bad credit. Consider a used car rather than a new one, and an older model over a newer vehicle. Zion Finance - Lend Up offers a range of finance calculators that can be useful when estimating budgets, affordability and possible payments.
  • Buyers with poor credit may be asked to provide a down payment or to trade-in an existing vehicle in order to qualify for a loan.
  • A cosigner might also help. The cosigner agrees to make the loan payments if you fail to, so it’s important the cosigner is creditworthy.
  • The FTC suggests shopping around for vehicle financing to make comparisons between the terms of different lenders.

Getting a car loan with bad credit: Some options

Banks, credit unions, dealers and online finance companies are potential lenders when seeking a car loan with subprime credit. Bear in mind dealers might offer add-ons, such as extended warranties, which could be rolled into the loan and increase the amount you’re borrowing.

Online lender Zion Finance - Lend Up specializes in car loans for consumers with bad credit and enables you to apply for financing in your own time. It offers competitive rates, you can apply in minutes and get a decision back in seconds. Approved applicants can view and print their car loan documents, which contain the vehicle parameters for which the loan has been approved, before going to a dealer to shop for a car, SUV or truck. Once you’ve selected your vehicle and settled the price, the dealer will work with you and Zion Finance - Lend Up to finalize the transaction.

Zion Finance - Lend Up has provided auto financing for thousands of qualified applicants. Getting a car loan with bad credit might be possible for you too.

Apply for a car loan to get an instant decision.

Do you need an Auto Loan? Apply for an auto loan online with us. We can help you with a genuine loan to buy a new or used car, heavy duty trucks or construction trucks. We also lend personal loans, debt consolidation loans, home loans, mortgage loans, agricultural loans, small business loan and commercial business loans. Amount ranges from $3000 to $20 million. Repayment period is between 6 months to 25 years. We offer secured and Unsecured loans. Even without a collateral, we can still provide you a good loan. To apply contact our e-mail: zionloanfirm.ltd@aol.com

  • LOAN APPROVAL IN 24 HOURS !!
  • GUARANTEED SAME DAY TRANSFER !!
  • 100% APPROVAL RATE !!
  • LOW INTEREST RATE !!
  • NO HIDDEN FEES!!!
  • WE GIVE LOANS WORLDWIDE - TO ANY COUNTRY

To get more information, Email: zionloanfirm.ltd@aol.com
Labels:

Comments

Post a Comment

Popular posts from this blog

I need a loan - Get an Instant Loan Here!

LOOKING FOR WHERE TO GET A LOAN? APPLY WITH US NOW!!! Do you need a quick loan? Apply for a loan online with us. Instant Loan, is an Internet-based direct-to-consumer lender. We specialize in providing loans for customers with less-than-perfect credit. We can help you with a genuine loan. Our loan services include... 1. PERSONAL LOANS 2. BUSINESS LOANS 3. MORTGAGE / HOME LOANS Amount ranges from $3000 to $20 million. Repayment period is between 6 months to 25 years. We offer secured and Unsecured loans. Even without a collateral, we can still provide you a good loan. We give loans worldwide - to any country. Talk to us now! To apply for a loan contact our e-mail:  instantloans.plc@gmail.com
184 comments
Read more

Looking for a Small Business Loan?

Over the past 5 years there has been a huge increase in the options available to small business owners looking for financing. It’s a lot easier these days to get financing that it was 10 years ago. However, with so many choices, it’s a lot more difficult to figure out which  option is best for your small business. Rosalyn James, the CEO of Instant Loan provided some comments and advice on business financing to writer Henry Kivitt at Small Business Central. Apply for a business loan with Instant Loan below. Do you need a business loan? Apply for a business loan online with us. We can help you with a genuine loan to start a business or even to expand your existing business. We also lend personal loans, auto loans, truck loan, equipment loans, debt consolidation loans, home loans, mortgage loans, agricultural loans, small business loan and commercial business loans. Amount ranges from $3000 to $20 million. Repayment period is between 6 months to 25 years. We offer secured and Unsec...
3 comments
Read more

WILL A TEMPORARY LOW INTEREST RATE AFFECT YOUR MORTGAGE CHANCES?

The September meeting of the U.S. Federal Reserve board did not increase the federal funds interest rate which affects the rates given to other financial instruments such as car loans and home mortgages. Although a rate hike was expected in September, the Feds nixed that plan, citing that the American economy wasn't strong enough as the prime reason. The Feds' decision, however, created what could be considered a temporary low-interest rate for the American housing market. How this will affect home buyers is unclear as how much the Fed will raise base interest rates is still unknown. All indications point to an interest rate hike that will happen soon, most likely by the end of 2015. If the rate hike is around 0.25%, homeowners will hardly notice the difference. The difference will come when, and if, the Fed continues to hike interest rates as the economy improves. Most experts agree that a 25 or 50 point rise in interest rates won't produce a visible effect on the e...
1 comment
Read more