Establishing credit can be an intimidating undertaking. The terminology can be so confusing and it sometimes seems impossible to get started because you’re often expected to already have an established credit history. This conundrum can be thrown into sharp relief when it comes to buying a car. It’s a common problem: You’d like to avoid hitchhiking so you seek to buy a car. You’re responsible and you pay your bills on time. But you’ve never had a credit card and don’t have much of a credit history to stand on. Even though you save regularly, you don’t have the kind of money to afford any sort of car that would definitively prevent you from hitchhiking. Is there any kind of financing option for you?
That’s where we come in! We specialize in quality pre-owned vehicles and we offer subprime auto loans, also known as bad credit car loans. You can absolutely get a loan for your car purchase! Yes, in today’s world having no credit can cause as many problems as bad credit, and that can be a challenging thing to overcome. But an auto loan can help you do just that.
In simple terms, you build your credit history by consistently paying bills on time. Loans and credit cards, when used wisely, are valuable tools to this end. With them, you can prove to lenders that you are trustworthy and worth the risk they take when lending money to you. Lenders, in turn, look at your credit score and offer you more favorable loan terms.
You may not have much credit history right now, but you can use your need for a car to establish it. Let us help you apply for one of our subprime auto loans. Then make your monthly payments on time every month, and, voila, you’ll be well on your way to that credit history you need! You’ll even get a great car in the process and can safely remove “hitchhiking” from any future to-do lists.