Thursday, February 21, 2008

Car Loan Application Frequently Asked Questions

1. I have a bad credit history. Will I get an approval for auto loans?

The companies and dealers we work with accept a variety of applicants, many of whom have a poor credit history. We will likely be able to provide you the right help no matter how bad your credit situation is.

2. Is it compulsory to have a co-signer?

It is not a requirement for have a co-signer. But with a co-signer you can likely get better interest rates.

3. I have no credit. Can I get an auto loan?

If you have no credit, then you can start your loan journey with us. We can assure you it will be a good one.

4. What interest rates will I qualify for?

The interest rates you will pay for auto loans will depend on loan amount, term, credit rating, repayment ability and market trends. A dealer or financial institution will contact you with more information after you apply.

0 comments: