First and foremost never give up! Though it may seem frustrating and take some time getting a loan with bad credit for your car, there is help out there. Finding the right plan and strategy that will work for you and your budget is as easy as following this format.
Here's how.
Do some research before looking for a car. The easiest place to look is on line today. Look for lenders or dealers that have programs, that help people that have poor or bad credit. A lot of dealers won't want to deal with people with less than perfect credit. They like to deal with people that have a high credit score rating, so they know they can get them easily approved.
Some dealers only look at the FICO score and don't even read your credit report. If that happens to you, don't let that discourage you, there are other options available to you.
Follow this format and before you know it you'll be driving your new car right off the lot.
1. Always have a good attitude.
Go in telling yourself that you can get this loan regardless of your credit history. Say to yourself, I am a dependable and reliable person that always pays my bills on time. Picture yourself driving off the lot with your new car. How doe's that feel to you? It feels great!
You can create your new car by continually telling yourself that you deserve this car. That you are a good person.
2. Find the help
Look for lenders that help people with less than perfect credit. There is help out there-waiting for you. Don't think that all lenders and/or dealers are not loaning money, because of the economy. There are many lenders that specialize in helping people with bad credit.
3. Have Faith and Be Honest
An important role you can take on is building trust with the lender you are about to get your loan from. Show proof that you are more than capable of making the monthly payments on your loan.
Your past is just that, THE PAST. You are now going to start rebuilding your credit. Lenders are people also, they just need the re-assurance that you will pay them back.
Re-assure them by having a large deposit to put down on your car. Have ready, the proof you can and will pay them back by having pay check stubs, show them a budget you prepared including how you intend to pay them back. This does not have to be a legal document. Just something on paper to show them your good intentions, and you did your homework.
This will show the lender that you thought long and hard about your loan. And you have all the right intentions about paying them back.
Here's how.
Do some research before looking for a car. The easiest place to look is on line today. Look for lenders or dealers that have programs, that help people that have poor or bad credit. A lot of dealers won't want to deal with people with less than perfect credit. They like to deal with people that have a high credit score rating, so they know they can get them easily approved.
Some dealers only look at the FICO score and don't even read your credit report. If that happens to you, don't let that discourage you, there are other options available to you.
Follow this format and before you know it you'll be driving your new car right off the lot.
1. Always have a good attitude.
Go in telling yourself that you can get this loan regardless of your credit history. Say to yourself, I am a dependable and reliable person that always pays my bills on time. Picture yourself driving off the lot with your new car. How doe's that feel to you? It feels great!
You can create your new car by continually telling yourself that you deserve this car. That you are a good person.
2. Find the help
Look for lenders that help people with less than perfect credit. There is help out there-waiting for you. Don't think that all lenders and/or dealers are not loaning money, because of the economy. There are many lenders that specialize in helping people with bad credit.
3. Have Faith and Be Honest
An important role you can take on is building trust with the lender you are about to get your loan from. Show proof that you are more than capable of making the monthly payments on your loan.
Your past is just that, THE PAST. You are now going to start rebuilding your credit. Lenders are people also, they just need the re-assurance that you will pay them back.
Re-assure them by having a large deposit to put down on your car. Have ready, the proof you can and will pay them back by having pay check stubs, show them a budget you prepared including how you intend to pay them back. This does not have to be a legal document. Just something on paper to show them your good intentions, and you did your homework.
This will show the lender that you thought long and hard about your loan. And you have all the right intentions about paying them back.
Tidak ada komentar:
Posting Komentar