Friday, 18 December 2015

Financing a car with a bad credit history

If you really need to finance a new or used car but your credit history isn’t that fantastic, we hope these tips give you a bit of help to get closer to the car that you need!
Be Realistic
Expectations can be killer, so don’t set yourself up for disappointment. Expect not to get a large amount of financing and aim for a car within budget..
Start Saving
Setting aside a little bit of money can help you fund a bigger deposit or balloon payment when you’re financing a car and even help you afford your monthly payment amount.
Improve your credit
Take steps to rank higher on the confidence level of lenders so that you are able to get better terms on your car financing plan.
Look at Financing Options
A good car financing company is sure to be able to help you with your applications and increase the chances of loan approval.
There are plenty of options to help you buy or lease a car for yourself, so don’t give up hope!

Financing a car with a bad credit history