So you've got bad credit, no credit, or straight out horrible credit. You've applied to nine lenders online and gone to four different car dealerships to get the same answer from all. A resounding, NO! Well, don't despair. Your world is not tragically crumbling down around you.
"What's the problem," you ask. Good question. You're looking in the wrong places. You may be thinking that you have applied to some of the biggest banks in the country and have gone to some fairly large dealerships, so if they can't get it done, who can?
First off, the larger banks, do not typically cater to those in search of bad credit auto loans, nor do most car dealerships. For the lenders there is simply too much risk and for the car dealerships it is, in their minds, too much of a hassle.
That is where sub prime loan specialists, like myself, come into play. A good sub prime loan specialist understands your needs, knows the right lenders, knows how to properly structure a bad credit auto loan, and stocks the right inventory.
My advice would be to call local car dealerships, ask them if they have a sub prime credit department and if you could speak to one of the finance specialists (be sure it is not a sales person you are speaking with). Once on the phone with them explain your situation and see what services they can offer to help you. If you like what they have to say, go visit them. If you don't like what they have to say, call the next dealer in the phone book, until you find the right one.
It's a little time consuming to make all these calls, but it's well worth it when you find the right loan specialist that can get you on the road and driving again.
If you'd like to bypass all the time consuming calls and find local loan specialists that can help you quickly I'd strongly suggest applying Here. It's FREE, fast, easy and with their huge nationwide network they can put you in touch with a loan specialist that can have you driving your new vehicle in as little as 24 hours.
In the mean time...
Take care and beware,
J the car guy
"What's the problem," you ask. Good question. You're looking in the wrong places. You may be thinking that you have applied to some of the biggest banks in the country and have gone to some fairly large dealerships, so if they can't get it done, who can?
First off, the larger banks, do not typically cater to those in search of bad credit auto loans, nor do most car dealerships. For the lenders there is simply too much risk and for the car dealerships it is, in their minds, too much of a hassle.
That is where sub prime loan specialists, like myself, come into play. A good sub prime loan specialist understands your needs, knows the right lenders, knows how to properly structure a bad credit auto loan, and stocks the right inventory.
My advice would be to call local car dealerships, ask them if they have a sub prime credit department and if you could speak to one of the finance specialists (be sure it is not a sales person you are speaking with). Once on the phone with them explain your situation and see what services they can offer to help you. If you like what they have to say, go visit them. If you don't like what they have to say, call the next dealer in the phone book, until you find the right one.
It's a little time consuming to make all these calls, but it's well worth it when you find the right loan specialist that can get you on the road and driving again.
If you'd like to bypass all the time consuming calls and find local loan specialists that can help you quickly I'd strongly suggest applying Here. It's FREE, fast, easy and with their huge nationwide network they can put you in touch with a loan specialist that can have you driving your new vehicle in as little as 24 hours.
In the mean time...
Take care and beware,
J the car guy
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