Tuesday, December 11, 2012

Everyone has EASY Access to Guaranteed Car Loans – Bad Credit is NOT a Problem

Is constant car loan rejection wearing you out? Get ready for guaranteed auto loans which are available at lower rates. Simply apply on the absolutely safe website to get guaranteed approval despite bad credit history and zero down payment.

Co-signer is not a requirement for attaining guaranteed car financing program. Every American has the opportunity of fulfilling his/her car dream without thinking about low income or no credit score. All your automobile financing worries and tensions can be forgotten with guaranteed car financing. Apply now.

Apply for FREE Auto Loan Quotes

Wednesday, October 10, 2012

Improve Your Chances of Getting Guaranteed Approval on Bad Credit Auto Loans

Even though recession caused job losses and terrible depreciation of credit scores, a car is and will always remain a necessity. No matter what your credit score is, you need a car to go to your job. In America, a car is a requirement for staying employed. Are you worried that your bad credit history won’t let you avail a low rate auto loan? Do you think you will face rejection because of your poor credit history?

Well, let’s put an end to your misery. This article will give you tips and suggest reliable methods and strategies to get guaranteed approval on bad credit car loans.

Is This Really True?

We have heard and seen these words innumerable times: Bad Credit Car Loans with Guaranteed Instant Approval, Guaranteed Approval on Auto Loans Even with Bad Credit, Bad Credit - No Problem, We offer guaranteed approval, Bad Credit Borrowers can Get Guaranteed Approval, 100% Guaranteed Approval Bad Credit Car Loans, etc. These and many more attractive advertisements raise our hope of getting a bad credit auto loan. But, are bad credit borrowers really offered guaranteed approval on bad credit car loans?

The answer is yes. But, there are some requirements which you need to fulfill. You have a bad credit score and offering you an auto loan is considered risky. When a lender is taking a risk and offering bad credit car loans, it is obvious that he has some criteria. Let’s understand how you can get easy approval on bad credit car loans.

How to Get Instant and Guaranteed Approval on Bad Credit Car Loans?

What’s The Exact Number?

The very first thing that you need to do while availing a bad credit car loan is to know your credit score. There are chances that your credit score may not be very bad. You certainly don’t want to end up paying more when you have an average credit score.

When you check your score, you have the opportunity of removing all errors. This will improve your credit score. Also, if possible, pay-off as much debt as you can so that you can have a decent debt-to-income ratio.

Car Loan First, Cars Later

When you apply with car financing companies, they send your bad credit car loan application to its network of lenders and dealers. There is a possibility that the lender may require you to get your car from a specific dealer. If it happens, all your efforts of finding that perfect car will go waste. So, first apply with a few lenders and online car financing companies, get bad credit car loan quotes from them and then, decide on the car.

When you decide to buy a car, a used automobile will be a better option than a new car. A used car costs less which means a lower loan amount. That’s why; a lender won’t have a problem in providing low rate auto loan to you.

Put Money Down

It is essential that you make a down payment. By doing so, lenders will understand that if you are financially capable of paying a huge amount, smaller monthly payments won’t be a problem for you. Also, you will lower your loan amount which will increase the lender’s willingness to offer guaranteed approval on your bad credit car loan.

A Co-Signer Can Work Wonders

If you have a co-signer, the lender is assured of the safety of his money. If you fail to make payments, the lender can get it from the co-signer. That’s why; having a co-signer will increase lender’s faith in your car loan application.

The Online Way

Online auto financing companies have tie-ups with large number of lenders and dealers.
That’s why; they offer guaranteed car loans approval with bad credit. They forward your application to their network. The network reviews your auto loan application and offers you car loan quotes. But, you must choose a reliable online car financing company for submitting your personal information. You are giving your SSN and other financial details. So, you have to be extra cautious. Check the company’s security certificate. Ensure that the website is 100% safe and secure.

While dealing with your bad credit score, you must not lose hope. Remember it’s just your credit history and it cannot determine your present. Use these simple strategies and lower the lender’s risk. Don’t forget them and guaranteed approval bad credit car loans will become a reality for you.

All the best for buying your new car!

Rapidcarloans.net has always been a reliable name in the auto financing industry for providing low rate car loans. We offer guaranteed approval bad credit auto loans to our customers. All you need to do is apply on our highly secure website and the rest is our job. Apply now!

Wednesday, August 19, 2009

Tips for Getting Guaranteed Approval on Car Financing

It is very easy for the lenders to sweetly deny the loan, labeling the borrower as ‘a high risk client'. A guaranteed car loan can be a better option in these cases and it would help all the consumers to own their dream car. Borrowers with slightly less than a perfect credit score are denied but they have all the rights to own a car of their choice. Do not your weird thoughts ruin you and let’s look at the reality here. One can not change the poor or bad credit history overnight but there is a possibility to come home in the company of the SUV that the user wished. Bad credit car loans - These are special sort of loans given to the individuals who were ripped off elsewhere due to poor scores.

Guaranteed car loans are offered to people with poor or no credit score and are mostly offered to students who are just out of the college. Most lenders will scrutinize the borrowers for having poor credit history and they face loan denial charges. The companies are very much comfortable in sweetly refusing the loans and they are not ready to know the reasons for the poor credit history. Guaranteed approval car loans can avoid such kind of humiliations but the interest rates offered are higher for poor scores. It is up to the borrower to get a loan at a higher interest or to be without the loan. Here are some tips to be followed to get a guaranteed car loan.

Maintaining a good credit score is very important to avail the loan. This enables the borrower to negotiate a better deal with the sub prime auto lenders and saving few thousand dollars. Borrowers should shop around before signing the deal.

Comparison of rates and other benefits must be done with the data collected. Searching online and applying for quotes can be useful in these cases. Spending a little time to know about various lenders and their policies may end up in saving few thousand dollars. The pact must be signed and inked by both the parties. This will be helpful for both the parties and this avoids the lenders in throwing any hidden charges. It is important to get everything in written which safeguard the interests of both the parties.

The loan amount offered is heavily dependent on the resale value of the automobile. A Payment schedule should be fixed according to the financial capacity of the borrower. The best way to save some bucks after buying a car is to apply for a refinancing. People might pay higher interest rates when opted for a guaranteed car loan. This is subjected to having bad credit and bankruptcy background. A better deal would be the one having lower interest rates and offering the auto loan whose benefits can be enjoyed by the borrower later. The number of days to ink the deal is very less. People can get the loans in just a week’s time.

New Car Can Help You Secure Lower Rates

Finding a dream car might be an easy task but arranging funds can be a daunting task. Many people will not be able to afford the price and hence a right kind of financing options must be viable for them. One must consider his financial situation before applying any kind of loan. The borrower must be aware of the monthly payments and must be ready to meet the financial obligations every 6 or 7 years. New car loan can easily be available for all people despite having a bad credit score.

There are two types of car loans available. Either the user can choose secured car loan or unsecured car loan. If the user opts for secured car loan, the interest will be low. Thus the monthly installments will be small and affordable.

On the other hand, unsecured car loans will have higher rate of interest and have high monthly installments. This is due to the fact that for availing unsecured car loan user doesn’t have to pledge the collateral security. It also put the creditor at the great risk by giving loan without any collateral security.

The best new car loan is that which has lower annual percentage rate and it is mostly obtained in secured loans. In secured auto loans the user pledges the property as a collateral security for the loan. The amount of loan that can be borrowed by the user is based upon the value of the pledged property.

It may vary from a case to case to decide which car loan is best for your needs and that which can be affordable by the user. The best car loan has the following features.

# Low interest rate

# Affordable easy monthly installments

# Guranteed approval and fast approval procedure

# Flexible rate of interest according to the market interest rate

The credit rating of the user should be maintained by paying the installments regularly for hassle free loan settlements. Students auto loan is the latest kind of loan, which is issued by many banks to help the students with their transportation. In student new car loan, there is no need for down payment to the loan lending agencies. There is no need for collateral security also, which makes the student to feel safer. However, if the student has bad credit the car issued will only be taken possession legally.

Majority of the car dealers have cordial relations with many financial agencies and thus help the user to avail new car loans. Today in the internet, many online car loans are available, which have revolutionized the processing of loan. Due to this, people feel hassle free for the approval and payments of secured loans. The selection of the right car loan can be done by the user itself by visiting the website of the lenders. Users can choose and avail loan based on their income and their repayment affordability level.

No Credit Car Loans - Buy a Car with Zero Credit

Every single person would dream about his dream car. It is easily possible for people with a good credit score to buy a new car with a loan taken. However, people with bad credit will not be able to avail any new loan to support the purchase of a new car. There are lenders who offer loans to even people with poor or bad credit. Zero credit auto loan is a popular term among millions of people in this recession hit world. The internet is the best source to find information regarding such lenders and much information can be collected. Most websites try to steal the data and sell it to lenders. Consumers may be flooded with junk phone calls and mails from the lenders. There are certain requirements to be fulfilled to get such kinds of loans.

It is important to have some one who can guarantee and to sign the documents taking the responsibility to repay in case if the borrower can not pay it. Part payments and monthly installments should be paid promptly to avoid any due course of action. This might drag down the credit score giving a poor background in repayment of car loan, which will prevent the borrower from applying another loan. A car lender may accept

# Co-signer – A close friend who is willing to sign for the borrower.

# Co-Applicant – This is a family member, husband, spouse, or parent that is willing to sign for the borrower.

Keeping a track on the credit score is a good way to find a better deal. Information on credit score will help the borrowers to negotiate the deal and get proper discounts and offers. This can be obtained from the Annual Credit Report as required by Federal Law.

There are certain other requirements that must be met before the approval for a poor credit car loan. The borrower must be employed full time and at least one year of employment history is required. This gives the assurance that the borrower has got the job and salary with which he could repay the loan amount. The deal can be better negotiated if the user can actually prove himself to earn $1500 per month. Borrowers must have been stayed for one year at the current residence or more than that. This shows a responsibility level that the borrower has managed to pay the bills and rent properly.

It may be very difficult to shop for services for a no credit car loan. It is important to search for information online to find out companies who might have cordial relationship with the automotive dealers to get the best help out of them. Borrowers will have to fill out a car loan application and then lenders will contact them matching the requirements. It is not that difficult to obtain a no credit car loan if the borrower is very sincere in repaying the loan amount promptly and shows off this interest while negotiating with the dealers.

Few Options to aualify for Used Car Loan with Lower Rates

Used car loans are of extreme significance in enabling the consumers to pursue with their dream cars proportionate to the income. There are umpteen numbers of lenders who distribute loans for the used cars based on the usage value and not on the original value of the car. It determines the percentage of the cost of a used car, which financiers can grant as an auto loan. A portion of amount has to be paid as the down payment which is the difference between the actual cost of car and the loan value. This loan is available for any kind of car which is not used for more than 5 years. The period of the loan may be usually 2 to 5 years.

A used car loan may be obtained as a secured or unsecured loan. A secured loan will demand a security against the loan amount. Borrowers can use the car which is about to be purchased as a security or any other valuable objects like house, real estate property, jewelry etc. The advantage in a secured loan is the lower interest rates offered. However, the borrower must remember that the property pledged is being risked if the repayment is not done promptly.

On the other hand, unsecured loans do not want any security to be given. Therefore, any one may take the loan and get their cars financed. The abstinence of pledging the property risks the interest rates. Borrowers must shop for more details about various companies and their interest rates in such cases. Used vehicle loan can be expensive in case of unsecured loans. Borrowers having bad credits will have a higher percentage of interest rates. It is a wise option to opt to make prompt repayment to avoid higher interest rates and penalty. A perfect blend of knowing the repayment capacity and the loan amount taken will make a profitable loan transaction.

There are important aspects to be noted while applying for the used auto financing. Interest rates, period of loan taken, worth of the car, repayment capacity are some of the factors which might influence the loan sanction for the borrowers. On-time payment will improve the credit worthiness for the borrowers. Borrowers may find it easy if the loan period tends to be longer. However, they should remember the fact of paying a truckload of money to the lenders. Borrowers should select an appropriate amount of period to make sure that they do not pay the loan amount even after the wheels have fallen down.

The internet is the best source of information available. Hence, it is important to scan through the WebPages of various lenders. A comparison of what the dealers offer must be made and a thorough check about their scam reports must be done. Check for any hidden charges applicable with the auto lenders. With the used car loans availability, borrowers can put themselves in the driver’s seat. A great leverage is obtained by the pre-approved loans which might be of immense help to the bad credit borrowers.

How can Pre approved Auto Loan Helps You?

There are varieties of attractive cars available in the markets which are catchy with some great aero dynamic works. Latest trend cars come up with electronic steering, which makes comfortable for driving. There are also some cars fitted with computers, which have the maps of the cities to guide you. The best way to buy any of these cars is to avail pre-approved car loan. This is a wise decision as it enables you to pay back the money in easy installments. Sellers will be very happy while making the business deal if the consumers have to spot cash. It shows their commitment and hence the dealers help them by giving useful tips to save money.

The comparison of car loan quotes online can help in saving a huge chunk of money. This loan is very similar to a pre-approved housing loan. A meeting with the lender first will help in knowing in advance on how much of an auto loan can be obtained. After the formal inquiry, the lender will provide a blank check up to a certain credit limit. With the amount in the pocket, the user is free to shop his dream car. Here are some of the benefits that are gleaned from the pre-approved car loans.

>> These loans will help the consumer to be aware of how much money is to be borrowed and the duration of the loan. Consumers can clearly put themselves in the driver’s seat during the negotiation. By doing this way, they can avoid most of the hidden charges and uncertainties.

>> A ‘cash buyer’ will always have the whip hand to choose the best car and negotiate for the best price walking in to the dealership place. People with cash in advance can demand good offers and discounts from the seller. The dealers would be greatly interested in giving such offers for the prospective buyers. The offers can be obtained without sacrificing the lower interest rates. Have a happy buying, getting both the great interest rates and special offers at the same time.

>> Pre-approved auto loans will help the buyer in knowing exactly on how much have to be spent without overstepping the amount of the loan. Hence, buyers are prevented from buying a car which is beyond the financial reach. The total price of the car will be paid in a single payment during the time of purchase.

>> These loans will help the buyer to avoid in taking place with a quickly closed deal. Salesman can be very best in his job to get the excitement fever required. Salesperson may have flattered the buyer which may be a confusing deal.

The interest rates and terms may vary from each bank. A search for information online will give proper idea and knowledge about the credit report and score. The credit score is very important with which the lenders determine the amount of loan to be disbursed. People with higher credit scores are eligible to get lower rates auto financing.