Finding Car Loans for Bad Credit can be a challenge. Where to start and what to look for is very important. First let’s look at the requirements for what lenders look for when giving car loans for bad credit.
First thing is that you must be employed and making $1,800/month. Lenders need to see that you have the ability to make on-time payments before they will even consider a bad credit auto loan.
Next is your credit history. If you’ve had 18 repo’s in the last 2 years, it’s not likely you’ll be approved. But if you’ve had a few problems and are on a good path now, the chances are very good you can get a car loan even with bad credit.
Thousands of people search for car loans for bad credit and CarLoan.ca is here to help. We have a huge network of lending programs and dealerships that can get you approved. Every month we help thousands of people get a new car and start to re-build their credit.
A term loan (or car loan) is one of the best ways to re-build credit. Even if the interest is a little higher in the beginning. The benefits far outweigh the cost. Plus, you’ll be driving an awesome new vehicle!
The next step is to apply now, and let us do the rest!
Apply Now with CarLoan.ca, and get connected with a dealership who wants to build a relationship with you.
Apply online today!
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