While the economy was trudging along many people lost their jobs and their ability to make timely payments on their different lines of credit. Now, as the economy recovers, they find themselves denied the credit that used to be so easy to get. Here are three tips to improve your chances of getting an auto…… Continue Reading
Giving You a 2nd Chance on Car Loans!
Best Cars For A Second Chance Auto Loan In March
Someone seeking an auto loan with bad credit can face ridiculously high interest rates if they are not careful. Add those interest rates to an expensive car and you have a formula for certain repossession. Here are the ten most affordable cars for people who need second-chance financing. The list includes: 2010 Chevrolet Aveo LS…… Continue Reading
Will Consumer Confidence Fuel New Car Sales?
Over the last three years consumers have become less and less confident in the longevity and value of new cars. The reasons are somewhat obvious. A large number of recalls, bankruptcy proceedings, and government bailouts have all rattled buyers who are expected to pay tens of thousands of dollars for a vehicle. Recent months have…… Continue Reading
CARFAX Reaches 8 Billion Vehicles
If you are in need of a second chance car loan, then you will be probably be buying a used car. And if you are buying pre-owned, then vehicle history report should be at the top of your list. As you probably know, CARFAX is the industry leader when it comes to these reports. And…… Continue Reading
How Bad is Bad Credit?
A lot of people have been turned down for an auto loan due to bad credit…but what does that mean exactly? At what point does your credit qualify as “bad”? And is this line between “bad” and “fair” credit a black-and-white one? These are all good questions. Basically, the line below which credit is classified…… Continue Reading
Second Chance Car Dealerships – What To Expect
There are dealerships and car lots that specialize in helping people who need a second chance at credit. At these second chance dealerships and car lots, you can always expect the auto financing discussion to take precedence. This is in stark contrast to your typical run-of-the-mill dealerships, in which the shopper and salesperson tend to…… Continue Reading
The Meaning of Last Chance Financing
When you have been turned down by traditional banks, credit unions, or dealerships for getting an auto loan, you need to resort to alternative means of financing. More Americans than ever have fallen upon hard times credit-wise. Financial experts now say that nearly 1 in 4 American consumers has a credit score below 600, while…… Continue Reading
