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How to Buy a Car With Bad Credit

How to Buy a Car with Bad Credit Have the proper mindset • Pull your credit reports from: 1. 2. 3. Equifax 4. TransUnion FICO scores Credit Report Do Your Homework Compare deals from multiple Sources. The more credible sorces you rummage through, the better deals you'll find. Measure twice, cut once. • Start your research locally before branching out. Try your local bank or credit union. • Apply at a bank where yoU have a checking account. • See if your employer or insurance company offers auto financing. • Search sources for auto loans: 1. Name brand national banks 2. Local/Regional banks 3. Online lenders • Have someone go with you, an extra set of ears for advice Inquire a little bit further • Look for the lowest APR over shortest period of time. • Watch out for add-ons. If you don't need it, don't get it. Don't allow loan to be contingent on purchasing any add-ons, including: 1. Extended warranties 2. After-market services 3. Insurance Seal the Deal • Once you've picked out a deal, make sure the terms are final Source: nance/2012/05/29/nine-steps-to-getting-good-car-loan-on-damaged-or-weak-credit/ Bloomington Ford FORD LINCOLN Bloomington, Indiana

How to Buy a Car With Bad Credit

shared by InfographicMarketing on Oct 16
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Buying a car can be a fun experience, but it can also get frustrating quickly. When you buy a car under good circumstances, you need to spend a little bit of time searching for the right car for your ...


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