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Table of Contents Introduction Assessing Your Financial Situation Improving Your Credit Score Researching Lenders and Loans Preparing Your Documentation Shopping for a Car Negotiating the Best Deal Utilizing a Buy Here Pay Here Dealership Conclusion Key Takeaways: Assess Finances: Evaluate income and expenses to determine car affordability. Improve Credit: Pay off debts and consider authorized […]
Bad credit can be like a dark cloud hanging over your head, especially when it comes to getting a car loan. If you’re looking to finance a new set of wheels, you might be worried about the impact your credit score will have on your interest rates. The good news is that there are things […]
Automobile repossession occurs when a lender takes back possession of a vehicle from the borrower after one or more missed payments. The lender may pick it up with the assistance of a towing company or through what is known as “voluntary surrender” of the vehicle. At Econo Auto Sales, we work with you every step […]
There is no exact minimum credit score required to get an auto loan. A lot of the time, a score of 600 is good enough, especially if you are buying a used car. Smaller auto loans are much easier for people with bruised credit to get than larger ones. Minimum Credit Score to Buy a […]
A credit score is a number given to an individual by a credit bureau that is designed to help those in charge of handing out loans determine whether or not the individual is credible and worthy of a loan. A high credit score suggests the individual has a history of making payments on time, whereas […]
There a few reasons why down payment is important, all to the customer’s benefit, regardless of whether the customer has bad credit or not. 1. Uncle Sam: This dealership pays your taxes for you up-front. This means that a chunk of your down payment has to pay taxes before hitting the balance. When you take out a […]
Bad Credit Car Loans It can be distressing to be turned down for a car loan by a dealership, and it can feel as if there is no hope for getting the car of your dreams when it occurs. When it does happen, many people settle for driving a vehicle that is less than ideal, […]
