Once upon a time it was a nightmare to try and get an auto loan with bad credit. Those days are far behind us.
November 18, 2006 (Press Release) --
With the National credit score being around 677 people should realize one important point. This means that half the population has less than average credit. Never thought of it that way did you? If you assume that there are 100 million consumers that get reported to the credit bureaus, this means you are part of a large and growing crowd.
Most credit lenders also realize this fact. Auto loans, mortgages and credit card companies are all working to gain a stronger part of this market. Consumers with bad credit need to realize one very important point. They are worth something. These companies make money on you and they are eager to give financing if you know the game.
The first thing everyone should do is pull a free credit report. There is only one website that the FTC has approved for this action on a national level. There are many fakes out there but there is only one. You can find the website listing at http://www.AutoLoanBadCredit.org . They have the link there plus some great information on auto loans, mortgages, and credit in general.
While the internet is full of websites claiming ways to break the bad credit cycle for you, you should realize there is no quick fix. See their credit tips section as well.
Most credit lenders also realize this fact. Auto loans, mortgages and credit card companies are all working to gain a stronger part of this market. Consumers with bad credit need to realize one very important point. They are worth something. These companies make money on you and they are eager to give financing if you know the game.
The first thing everyone should do is pull a free credit report. There is only one website that the FTC has approved for this action on a national level. There are many fakes out there but there is only one. You can find the website listing at http://www.AutoLoanBadCredit.org . They have the link there plus some great information on auto loans, mortgages, and credit in general.
While the internet is full of websites claiming ways to break the bad credit cycle for you, you should realize there is no quick fix. See their credit tips section as well.
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