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How To Apply For Car Loan With Bad Credit

Looking for car loans with bad credit doesn’t have to be an overwhelming experience. Follow these steps for a stress free loan application and approval process. For more details visit http://maritimecarloan.com/

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How To Apply For Car Loan With Bad Credit

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  1. HOW TO APPLY FOR CAR LOAN WITH BAD CREDIT

  2. The Bad/No Credit Situation In America • One third of Americans have a credit score • lower than 601 • 56% of people • have subprime credit scores • One in ten Americans, i.e. about 26 million have no credit history • 19 million Americans have limited credit reports; so much so, they’re unscorable.

  3. How To Shop For Car Loan With Bad Credit? • A car loan is the easiest and the most effective way to build credit • They are instalment loans, i.e. you borrow and pay a fixed amount every month

  4. Step #1 – Check Your Credit Score • Do not assume the worst • Check credit score with reputed bureau • Shop for car loans within the two week time window to avoid negative credit score

  5. Step #2 – Look for Options • Banks – credit approval process is slow • and selective • Credit Unions- credit approval process is slow • Payday loans – Interest rates are high • Car dealers- Instant car loans for bad credit • and no credit situations

  6. Step#3 – Look for Loan Term • Short term loans may affect monthly budget • but beneficial in the long run. • Long term loans – easy on the budget but • you’ll end up paying more in the long run

  7. Step#4- Look For Deals and Discounts • Cash back offers and discounts • Referral discounts

  8. Step#5 – Read Between The Lines • Do not fall for traps – scrutinize add-ons and other services • Read the contract – ask questions

  9. Contact Us • We offer bad credit and no credit loans • Cash back for up to $5000 • Referral discounts and student discounts • also available • Free delivery within Canada

  10. Website: maritimecarloan.com Phone: 902 -469 -8122 Address: 215, Wyse Road, Dartmouth, Nova Scotia, B3a 1n1

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