If you are looking to buy a car with bad credit history in BC you are in luck as lenders are currently more lenient about lending than a few years ago. Regular car loans are typically out of reach for those who have had any sort of credit issues that have not been dealt with.
If you are buying car on credit with bad credit history then you should consult with a specialty car loan expert and focus on finding someone you can trust, more than focusing on getting the best deal on a car. Your goal should simply be to find the best, reliable transportation with a loan structure in such a way that you are able to trade-up to a better vehicle in 12 months and trade “down” to a more favorable interest rate at the same time.
How to get a car with a bad credit history is where you really need to consult with a professional in the field. Banks don’t necessarily give you hope, or even the right information all the time with regards to rebuilding credit. Purchasing a car with bad credit history is most often the best move if you really want to fix your credit rating as it gives you mobility to work at most jobs, as well as take care of your family’s transportation needs.
Can Social Media Hinder Your Credit Score?
[rollinglinks]Facebook friends could change your credit score – CNN[/rollinglinks]
Facebook friends could change your credit score: CNN A handful of tech startups are using social data to determine the risk of lending to people who have a difficult time accessing credit. Traditional lenders rely heavily on credit scores like FICO, which look at payments history. Click Link Above To Read More…
North Americans’ balances on their car loans haven risen over the last year, while late payments have remained flat. Click Link Above To Read More…