Tag: bad credit auto loans

Posts related to bad credit auto loans

woman talking to used car dealer

woman driving used carWhen you need a car without having the credit to get it on your own, you may think about finding a co-signer to help. However, you shouldn’t just pick anyone. It needs to be an important decision.
Here are some things to consider when choosing a co-signer for your car.

woman talking to used car dealer

A car is an essential part of everyday life. It gets you to work, helps you pick up the kids from school, and allows for adventures and road trips; this is just to name a few. For most of us, buying a brand new car outright is financially unrealistic. This is why a well taken care of and inspected used car becomes the best alternative.

Paying off your debt doesn’t have to be a stressful, endless burden. There are many resources available that are a light at the end of the tunnel, including the best bad credit auto loans Phoenix has to offer through Drive Now. Let’s start off my saying, you are not alone. Studies show that 80% of Americans currently have accumulated debt. Start by creating a payment plan in order to budget yourself for getting back on track financially. To do this, fill out a spreadsheet that lists each debt you have separately. For example, a category for student loan debt and a category for credit card debt.

Start small. Paying off debt is not a quick process. Come up with a goal amount for each of your categories that you will send in each month. Plot out [...]

Reliable transportation is a basic necessity for millions of American families. Even if you have bad credit can still get a car loan with terms that will not break your monthly budget. Below are a few tips to help you figure out how to buy a car even when you have bad credit history.

1. Check Your Credit Score
Don’t just assume that your credit is bad or take someone else’s word for it. You can easily check for yourself by pulling your three reports for free at AnnualCreditReport.com. Take the time to go through your reports, check for any discrepancies and have them corrected immediately. Begin this process before you even apply for a loan as it will help you save money and time. Knowing your score allows you to clearly proceed with your financial situation and give you more confidence in the loan process.

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Just because you might have bad credit doesn’t mean you can’t buy a car. Like everything else, the term “bad” is simply a matter of opinion and degree. You can help you get bad credit auto loans in AZ with terms that won’t go over your monthly budget, and here is how:

Research and Prepare Ahead of Time

Luckily, when looking to get an auto loan, Drive Now will work with you even if your credit history is less than perfect, but it is always good to be aware of your credit history. Everyone in the U.S. is eligible to get one free credit report a year, so take advantage of it before you purchase your new car. You can simply go to AnnualCreditReport.com to review your report. Go through your report to ensure that there are no errors. Rather than viewing the negatives items as black [...]

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