Tips To Choose A Bad Credit Car Loan

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Tips To Choose A Bad Credit Car Loan

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No credit? Bad credit? No problem. A bad or no credit situation needn’t stop you from owning your dream car. Here’s how to choose a bad credit car loan. Visit maritimecarloan.com for more information. – PowerPoint PPT presentation

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Title: Tips To Choose A Bad Credit Car Loan


1
HOW TO CHOOSE CAR LOANS FOR BAD CREDIT
2
How Does Credit Score Affect You
Major credit bureaus like Equifax, Experian and
TransUnion keep track of one's credit
information
Credit score determines your interest rates
The more your credit score, the less your
interest rates will be and vice versa
Be aware of your scores and keep track of your
credit records.
3
Research Bad And No Credit Car Loans
Choose an auto loan payment calculator to budget
your plan
Look for options that let you rebuild your
credit and offer other cash incentives
Check for low interest rates
Look for exciting offers which can be afforded
even for a bad credit holder
4
Understand Your Credit Score Report
720 and above - gt Excellent Credit(Exceptional)
680 to 719 -gt Good Credit (Great)
620 - 679 - gt Average Credit (Moderate)
580 - 619 - gt Fair Credit (Low)
500 - 579 -gt Bad credit (Bad)
Below 500 - gt Very Bad credit (Terrible)
5
Improve Your Credit Score
Understand the effects of having bad credit
Dont buy things you cannot afford
Pay your bills on time
Dont take on more debts than necessary
Speak to the debt collection agency for repayment
plans and make sure they de-list you after the
debt is cleared.
6
Shop Around
Identify your credit scores and find ways to
improve
Check for companies that provide low interest
rates and come up with attractive offers like
discounts, cash back offers, and other referral
programs
Budget your loan inquiries and work on action
plan
Find a creditworthy co-signer
7
About Us
Maritime Car Loan helps in financing car loans
for good, bad and zero credit situations in Nova
Scotia and other Canadian Maritimes
40 years of experience in car finance
We offer referral programs, cash back offers,
and discounts for students, defense employees
and those new to the country
Free delivery within Canada
Interests as low as 2.9
8
Visit us 215 Wyse Road, Dartmouth, Nova Scotia,
B3a 1n1 902-469-8122 Website https//maritimecarl
oan.com
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