Five Steps to Getting a Loan With Poor Credit

Reversing poor credit requires hard work, and that hard work is even more challenging when you don’t have a car. Fortunately, there are some steps you can take to get transportation to and from your job.

One: Have an Open Mind

With a poor credit history, you probably won’t be able to secure a traditional loan, but you may have more success with bad credit car loans. These typically have higher interest rates, so be prepared to pay a little more.

Two: Stay Away From Additional Credit

One of the most common mistakes people make when using credit to make a major purchase is to open up a new credit card or account. You may want to take a look at your credit history, checking for errors and correcting inconsistencies.

Three: Be Realistic Concerning What You Can Afford

There are two important parts to this. The first is your monthly payment. Consider your most difficult months and determine how much of a payment you’d be able to make at those times. Your car payment probably shouldn’t be much more than that. The second thing to consider is the overall cost of the vehicle. Consider how much you’ll have to pay as a down payment, how much maintenance the vehicle will require, and how much gas and insurance will cost.

Four: Try to Find a Co-Signer

If you have a friend or family member with good credit, you can improve your chances for getting a loan. The terms of that loan will also be easier to live with. That co-signer (or co-borrower for even more benefits) will give the lender assurance that the loan will be paid, even if you struggle to make payments.

Five: Don’t Settle

While being realistic about your options, you can still discuss better terms, such as the length of the loan, the interest rate, prepayment penalties, and annual percentage rate. Factors such as the prepayment penalty may be much easier to get rid of, whereas the interest rate may be harder to negotiate.

Poor credit will make obtaining a loan more difficult, but it shouldn’t prevent you from getting a car. Use these tips to improve your chances.

How to Get an Auto Loan With Any Credit Score

Credit scores go a long way in determining what kind of interest rate you might be able to expect on your auto loan. Those buyers with a good credit score can expect to have a lower interest rate and a higher loan amount than those buyers that get auto loans with bad credit. However, there are many advantages to getting a bad credit car loan, including the fact that a bad credit auto loan may be able to help improve your credit.

Here are a few things that you need to know about getting an auto loan with any credit score:

Credit scores make an impact

When it comes to securing an auto loan, your credit score will make an impact. Your credit score is an accumulation of your credit history. If you have a good credit score (one over 700), chances are greatly improved that you will be able to qualify for a good auto loan. Generally speaking, a good auto loan is one in which you will be able to get a high loan amount with a small interest rate. Therefore, people with good credit scores are often able to get more advantageous auto loans. However, we offer auto loans to all of our customers – even those customers with bad credit or no credit.

Bad credit auto loans can improve credit

Because credit scores are based on your credit history and current financial situation, you can help to improve your credit score by making wise financial decisions now. One way to make a great wise financial decision is to take out an auto loan that you then repay on time and in full. When you do so, future creditors will notice that you have a history of being financially responsible and will be more likely to extend a good credit car loan to you. Remember: 35 percent of your credit score is comprised of your payment history.

Get an auto loan today

It is possible to get an auto loan on the same day that you apply – especially when you use our simple online services. You can get started with this loan process by applying for a car loan online through our secure server. We’ll review your loan application and contact you with options right away!

We look forward to helping you get the best auto loan for your needs to make buying the right car easier than ever. Contact us today to get started!

Options For Buying a Car

There are bound to be times in life when you do not see disaster coming. Often, this is true of your car more than anything else. When you are driving around and you suddenly experience a problem with your vehicle, it can mean that financial burdens are on your horizon. Luckily, you might be able to benefit by looking into bad credit car loans. These helpful financial options can be quite useful when you need a vehicle fast.

Understanding Bad Credit Loans

When it comes to taking out a loan, most people worry about their credit scores. With bad credit car loans, on the other hand, you never have to worry about your credit. Your lender will take a look at your credit score and make a financial plan for you based on what he or she learns. This will help you to get a loan with terms that work for your budget and still be able to get a car without having the excellent credit score you desire.

Get What You Need

While there are tons of reasons to explore bad credit car loans, the top reason is that you will be able to get a car without much fuss. If your car gives out on you, it can feel like you are in a hopeless situation. Being able to obtain a car without having to break the bank might be just what you need to learn in order to move forward.

There are many ways for you to be able to get the car that you need after your old one gives out. Looking into bad credit car loans can be a great way for you to be able to take care of business and still come out on top in the end. Do your research and find a loan that works for you and in no time at all you will be ready to get back on the road and driving towards your next adventure.

Is Leasing a Car Right for You?

If you are ready to look for a new car, you might be considering car leasing as an alternative to buying. Leasing a car comes with a variety of benefits, but it’s important to understand the basics before you sign on the dotted line. We’d like to offer you some information about the ins and outs of leasing, and what you might want to know before visiting our dealership so you can decide whether it’s the right choice for you.

The Financial Aspects of Leasing

There are a few financial benefits to leasing a car, but before you jump into a deal, you may want to consider a few factors first. Car leasing usually means lower monthly payments, decreased tax fees and a small down payment, but you might consider if these will benefit your long-term budget needs. For example, if monthly payments are low but the lease includes a hefty drive-off fee, this may reduce your overall savings.

Consider Your Credit Status

Leasing a car can comes with plenty of perks, but it usually requires a good to excellent credit score to qualify. Of course, most dealerships have different requirements and you might be able to find affordable car leasing if your credit score is on the cusp between fair and good. It’s wise to order a copy of your credit report and pay off what you can before you try to obtain a car lease, as a higher score can yield better deals.

Read the Contract Carefully

Before you sign a car lease, it’s a good idea to look over all the terms and conditions carefully and discuss anything that is not clear with your dealership. This can help you avoid fees that were overlooked at signing, such as those related to mileage caps and maintenance requirements.

Car leasing can help you save money on having access to a vehicle, but only if you understand the details of how it works. Being informed and planning your lease can result in big savings, no matter where you drive.

Used Car Leasing: 3 Facts That May Surprise You

Often times, buying a used car and having to deal with car loans go hand in hand. Not all dealerships offer a wide variety of financing options, which may leave you between a rock and a hard place when it comes to being able to afford the car you want. If you are looking for alternatives to securing a car loan, our dealership may be able to help by offering used car leasing, and here are three facts about this option that may surprise you.

Leased Vehicles Are Often Certified

If you are looking for a late-model used car, then leasing may be a suitable option for you because most used vehicles available for lease are certified pre-owned and typically have lower mileage than cars that are being sold directly from the lot. Certified vehicles have usually been inspected, repaired or improved and often include a limited warranty. This generally offers more coverage than a vehicle that is sold as-is and does not include a warranty.

The Payments May Be Lower

Used car leasing options may result in lower payments when compared to purchasing a vehicle outright. In many cases, if the vehicle’s residual value is markedly different than the sale price, you may be able to get a significant break when it comes to the lease payments and allow you to stretch your budget even further. Of course, since the value of each car is different, we can let you know about your options regarding each of your possible choices.

Leasing Choices Can Be Varied

Used car leasing does not have to be limited to certain makes and models. In fact, sedans, trucks and SUVs may be available for this financing option. However, because this type of leasing is not often advertised, you may have to go seek it out. Come visit our lot today and speak with a sales professional who can let you know more about this affordable and little-known path to getting into the pre-owned vehicle you have been dreaming of.

Finding the Perfect Truck

If you’ve been thinking about getting a new truck, you likely already know that there are plenty of great options out there. No matter the type of truck you’re looking to get, you may consider looking into your options for a used truck. Used trucks are generally quite a bit less expensive than new ones, which can help you get into something sooner rather than later. While there are plenty of ways in which you can find the truck that works perfectly for you, here are just a few ideas that you make find helpful as you undergo this process.

Initially, consider exactly what you’ll need your truck for? Will you be doing a lot of towing? If so, you’ll need to get something large enough to handle the loads you’ll be pulling. If your truck will be used for much lighter things, then you’ll probably be able to get away with something much smaller. While it may be tempting to get a large truck either way, keep in mind that large trucks are typically much more expensive than their smaller counterparts, which will obviously play a role in your choice.

When you’ve decided on the type of truck you need, you can compare specs and figure out which ones will best help you do your work. Many web sites exist that will allow you to compare specs of different types of trucks side-by-side. No matter what you prioritize in your search, make sure you compare enough models to feel like you’ve found the best one for you.

Finding the perfect truck isn’t something that needs to be overly complicated or time consuming. You wouldn’t make any financial investment that wouldn’t end up paying dividends, and buying a truck should definitely be considered an investment. As long as you do what you need to do to get plenty of information before making your purchase, you should have no problem finding the truck that will do exactly what you need it to do.

Getting Approved With Bad Credit

Many people find themselves in the position of having less-than-stellar credit for a variety of reasons. Often, many of these reasons may have nothing to do with an individual’s ability to regulate their spending, or being foolish or wasteful in racking up unnecessary debt. Unfortunately, the credit bureaus do not differentiate between someone who deliberately pays bills late or defaults on obligations, and someone who is trying very hard to keep above water financially, but who has simply fallen on hard times and is trying to make ends meet. Once your credit history becomes speckled with late payments, bankruptcies, or other negative reporting, it can be very difficult to get things going in the right direction again.

It used to be that only the best of the best credit scores were eligible for vehicle financing, while anyone who fell short of that was forced to rely on public transportation, taxicabs, or the goodwill of family, friends, or coworkers. Not having your own car can be exhausting and can limit your freedom in going anywhere, anytime. Wouldn’t it be nice to go out for a night on the town without constantly checking your watch to make sure you can make it home before your public transportation stops running for the evening? In addition, while owning a vehicle comes with certain financial considerations—such as gas, insurance, and maintenance—not owning a car can often cost you a significant amount of money, too. Bus and rapid transit fares can add up quickly. What’s more, limiting your mobility and independence can cost you if you’re looking for a new job.

Bad credit car loans can and do exist. In fact at Fleetwing Cars we specialize in getting you approved, no matter what your credit background may be. You don’t have to feel embarrassed—we work with people who come from a wide range of financial backgrounds, and are experts in matching you with a bank or lender that can help. Apply today!

What to Consider When Choosing Used Cars

Congratulations! You’ve made the brilliant decision to think about buying a used car. I say “congratulations” because your success is assured; you just need to choose among used cars to find the right one, and believe me, the right one is out there waiting just for you. For every driver, there is a used car that fits their budget, lifestyle, driving needs and style. Everyone thinks they are looking for just that one particular car, but as a dealer I’ve seen many people choose something they didn’t expect because they thought about what it is they needed.

Be honest with yourself and you will find used cars that you will genuinely be happy with. Do you like style? Do you like to be with the “in” crowd and have a cool, flashy car you can show off? Some people might or might not like to admit it to themselves if the answer is “yes” but it might be. In that case, it is worth paying up for a flashy car if that will make you happy. You may not be satisfied until you do.

On the other hand simple used cars might be suitable if you want something basic that will do the job of driving, may not be that fancy, but will get you and your family where they need to go. You don’t need to pay a lot of money to find a serviceable used car that drives well and can carry a large family. In other words, think carefully about what your life is like when selecting a car, and you are that much more likely to be happy with your purchase.

Used cars are like people and selling them is like introducing people. Customers are happy with their purchases if they put a lot of thought into making them, and as a dealer, it is good to be a part of that.

You Can Afford Your Dream Car With Easy Auto Financing

The process of purchasing a used car is easier than ever before. It does not matter what you are looking for, the car that you have been dreaming about is on our lot, and we want to help you drive home in it. Easy auto financing can make it possible for you to purchase your new car quickly and painlessly. It is available right on the lot, so you can be driving off the very same day. There is nothing stopping you anymore from getting that car you have had your eye on.

Financing any purchase inherently feels like an intimidating process, but that is simply not true. You are likely used to receiving a loan through the bank, but that ordeal is nothing like getting financing right on our lot. We have a team of financial experts that can work with you, instead of in spite of you, to make a payment plan that fits your budget. The biggest difference between us and the bank, in fact, is the flexibility. More options are available and you are in control.

Additionally, we can help you get approved. With our help, you can get financing even if you have been denied in the past. Bad credit is no issue. With the auto loan taken care of, all that is left is for you to pick out your car, and we have a huge selection, entirely of very high quality cars of course, so you can always find that special car.

If you have been waiting to buy a used car, it is now time to act. You credit situation cannot hold you back and your budget cannot hold you back. It really is that simple for you to get a new used car. Whether you have a car in mind, or you are just browsing, we have what you want . Come in today to see our incredible selection or apply online to see how easy it is to be approved.

3 Questions You Should Ask When Looking at Used Cars

Some people are car aficionados and know everything there is to know about used cars. For the rest of society, there are a lot of questions that come with purchasing a pre-owned vehicle. If you’re looking to save some money by getting a car that’s already had an owner or two, here are three questions that should definitely be posed to the dealer.

How Is the Car Equipped?

When you’re going through all the bells and whistles that come with your new vehicle, it’s hard to keep track of everything. If you start by asking what amenities are included right off the bat, you can check things off your list and be sure that you don’t drive off the lot in a car that has no A/C and no power windows. A lot of these things are easy to spot, but some might not be apparent at first glance.

Has the Car Been in an Accident?

Even if the exterior is dent free and you don’t notice any problems when you go for a test drive, it’s a good policy to find out if a car has previously been in a wreck. That will help you to know which parts have been replaced and why the previous owner may have decided to part with the car.

Is There a History Report?

If someone outside your family is selling a car without a history report, you probably don’t want to buy it. Most used cars come with certification and full reports nowadays. However, if a seller is just offering his or her word that the car is in good shape and hasn’t had any problems, make them prove it with a detailed report.

If you don’t ask the right questions, you might buy a bad car. When customers know the facts about the used cars they’re looking at, the purchase becomes a much safer bet.