A Guide to Rebuilding Your Credit with an Auto Loan

rebuilding credit auto loans

If you’re struggling with poor credit, rebuilding it can seem like a daunting task. However, one effective way to improve your credit score is by using an auto loan strategically. In this blog post, we will explore rebuilding credit auto loans and outline the steps you need to take to do so successfully.


How to Get a Car Loan with Poor Credit: A Guide to Minimum Credit Scores for Used Cars

minimum credit score for a car loan

Securing a car loan can seem like an insurmountable challenge when you have poor or no credit. A car is an essential part of most people’s lives; without it, it becomes difficult to get around. Fortunately, options are available. We will cover the minimum credit score for a car loan, how used car dealerships like Drive Now can help, and how you can improve your credit score.


Getting a Car After Repossession: Understanding Your Options

getting a car after repossession

When a car is repossessed, it can significantly impact your credit score. The repossession will be reported to the three major credit bureaus (Equifax, Experian, and TransUnion), and the lender will likely report the unpaid balance as a debt. This can significantly lower your credit score, making getting approved for a car loan more difficult. It’s important to understand the potential impact of repossession and to take steps to rebuild your credit score to ultimately lead to getting a car after repossession.


How to Buy a Car with Bad Credit and No Cosigner

how to buy a car with bad credit and no cosigner

Buying a car with no or low credit and no cosigner can seem insurmountable. Fortunately, options are available for those who find themselves in this situation. Bad credit car dealerships and Buy Here Pay Here dealerships can provide a solution for people struggling to get approved for auto loans. At Drive Now, we provide access to financing experts who can help you navigate the car-buying process no matter your credit status – keep reading to learn how to buy a car with bad credit and no cosigner.


Getting a Car Loan After a Repossession

Cash Fan | car dealerships that accept bad credit and repos

Most people, at some point in their life struggle with finances which can end up affecting their income, and credit, and losing their car. As bad as it is, there is hope. Getting a car loan after a repossession is possible. It may take some time, but you can bounce back and get a vehicle loan after a repo with a few steps in the right direction. Drive Now is one of the most trusted car dealerships that accept bad credit and repos, so you have come to the right place!


How to Buy a Car with Poor Credit

Car Interior

Buying a vehicle with poor credit is a problem that no one wants to have. However unfortunate circumstances such as prolonged unemployment or underemployment combined with a hefty medical bill may have landed you in debt and left you with an overwhelming amount of bills. With that said, there is hope. Having bad credit should only be looked at as a temporary problem that you can fix! With that in mind, the good news is that securing financing for a car loan is possible even with bad credit. Here is some advice on how those with credit issues can still get a quality a used vehicle.


Can I Improve My Credit Score with An Auto Loan?

Car Dealership

Looking for good ways to build credit but not sure where to start? An easy, reliable way to help give your credit a boost has always been through a car loan. For starters, it will have an impact of both your credit report and your credit score. In the long haul, paying the loan on time will also help you establish or rebuild your credit, and improve your credit score. Repayment will also improve your eligibility to receive other types of loans, such as a mortgage, personal loan or credit card.


Practical Tips for Buying a Car With Bad Credit

Woman with Cash

How to finance a car with bad credit comes down to taking a few proactive steps. If you’re willing to do some shopping, be patient, with a little homework, you will certainly be able to finance a car that will work for you – find a car, finance it, and drive away no matter your credit woes. Here are some practical tips and considerations for consumers with credit problems who are actively looking to purchase a vehicle.


Benefits of Choosing a No Credit Car Dealership


A no credit car dealership is often met with apprehension by consumers, when in fact they genuinely work to assist those with poor or no credit to find a vehicle that will fit their budget. Commonly referred to as ‘Buy Here, Pay Here’ (BHPH) dealerships, there are far more positives than negatives that are offered by these dealerships. Nevertheless, despite the key benefits of shopping at BHPH dealerships, misconceptions continue to persist and benefits continue to be often overlooked or ignored. The following are good examples of misconceptions and benefits of BHPH dealership:


Build Your Credit By Buying a Used Car with $500 Down

Woman in driver seat

Raise your hand if this situation sounds relatable? You are in desperate need of a new used vehicle, but you have next to nothing in your savings and your credit is shot. This can be a paralyzing situation. Where do you turn to? A buy here pay here lot like Drive Now is the answer. We are a premier used auto dealership in the Phoenix area, and offer programs to consumers with poor credit. We feature a huge variety of cars that will be sure to fit your lifestyle and budget.


How to Save Money Your Next Used Car

Computer on desk with notebook

There are hundreds of Arizona car dealerships throughout the state but there is only one leading buy here pay here dealership that offers the best vehicles at the lowest price. With locations throughout the state, Auto Action has been Arizona’s premier used car dealership since the beginning. When you are in the market for a new, “used vehicle”, there are a few creative ways you can save money on your purchase. Below we discuss 5 ways to save money on your next used car.


What are the Best Year-End Deals and Financing Opportunities?

Family | arizona auto loans

As 2017 comes to a close, new and used car dealerships are looking to clear out inventory and finish the year on a high note. If you’re looking to buy a used car before the year’s end, then you can drive into 2018 with a new ride at a low price with bad credit buy here pay here options! Why is year-end such a good time to buy a used car? During the fall season, car lots are packed with unsold older models. Now, dealers want to get rid of the remaining inventory to make room for new inventory. This points to big potential savings for year-end buyers, mainly on outgoing models.


Boost Your Credit By Buying a Used Car

Couple looking at documents

When you’re looking to buy a used car, you may think that you need perfect credit and excess money and that if you don’t have either, getting a loan will be difficult. There are dealerships out there that are willing to help people who need to build their credit, require a smaller down payment (than a typical dealership), and will help provide you with a solution within your means. The goal is to build your credit while having reliable transportation. Combining research and awareness often times leads used car buyers to find dealerships that offer $500 down programs as a possible solution.


Do I Have Options If My Car Payments Are Too Much of a Burden?

Calculator on Toy Car

Most people live paycheck to paycheck. Add in an emergency or unexpected bill and many will have to choose which bills to pay. If this goes on too long, you may worry about losing your car or even your house. There may even be a time when your car payments become too much of a burden. However, there are some options that you may want to look into before you start to worry about getting your car repossessed, including the best bad credit auto loans Arizona has available.


Arizona Auto Loans: Car Financing Options

Woman on Laptop

We know cars are not a cheap investment, even if you decide to go the economical route and buy a reliable used car, like so many people, you will still likely need a loan to finance the purchase. While still a form of debt, auto loans can be beneficial to building good credit. How does this work? By making timely payments, you can help boost your credit score; therefore, making it easier to get affordable loans for other necessities in the future.


How to Buy a Car with Bad Credit

Couple with New Car

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.