Getting car financing with bad credit has become easier than it used to be in British Columbia, as we are still in one of the longest periods of low interest rate in modern history which helps lenders accept riskier loans.
New Leaf Auto Finance consultants help their clients look at car financing as a means to repairing bad credit by following the rules set out by the lender, in order to refinance your loan at a better rate, and moving up the credit “ladder” to a better rating. Mistakes happen, and lenders offer a number of options to help you get approved for a car loan. We will take the time to explain the most effective ways to help you get approved and use the loan to rebuild your credit.
Getting car financing can be daunting, yet bad credit auto loans really are given each and every day as over 25{e0136a1999ee59462921932bb992ffa8986ff9c8531ebf95f2ef9ae3496a42fd} of people in North America have bad credit and need car financing. Bad credit auto loans help you start the process of repairing your credit by giving the lender a credible piece of collateral… the only type of security a bank will typically accept in a bad credit situation.
Repairing credit for the most part is a long and challenging task so you must follow a proven process to repair your credit. Car financing serves two purposes as it provides you transportation to achieve a better career situation as well of the benefits of establishing a payment schedule with a bank or other lending institution.
New Leaf Auto Finance has a proven process for helping their clients utilize car financing to help them overcome virtually any financial situation from divorce proceedings to bankruptcy, immigration status, no credit history and virtually any other financial situation imaginable. If you are working and have an income of at least $1800 per month, we can help you back on the road to financial recovery and help you put your bad credit predicament in your past.
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