Financing a car in BC is a normal event in most peoples lives, nevertheless you cannot take it lightly as it is generally the 2nd tier of collateral in the eyes of the credit industry after owning a home. When your credit is bad, it can make you feel discouraged, upset, and even make you feel as if you are a failure. When you don’t have a car to drive it usually makes those feelings worse.
If you have a job… financing a car is often the best means of getting you on the road to improving your credit and, you need to understand the various financing alternatives available to you. There are numerous choices available to someone hoping to improve their credit, especially if you are looking at financing a car to get started with credit repair. With a little investigation, you may be able to obtain a much better financing package just by shopping around… alot.
The truth is, you really need to understand your whole credit picture, and make wise choices, it is important to seek out the guidance of a car financing company who you determine to have your best interests at heart, not just someone looking to sell you a car.
[responsive_vid]
Financing a car with bad credit can get quite a bit confusing to the average person seeking financing, and even to dealership business managers who don’t spend every day processing bad creditcar deals at a dealership. This is a specialized field, so seek out an expert in “Credit Repair”, who also understands the ins and outs of car dealerships in BC. NEVER ever, pay for someone to help you repair your credit! Avoid any credit repair consultant or service that offers to sell you your own credit report, because it is always available to you for free. Finding a company such as New Leaf Auto Finance who specialize in repairing credit via financing a car, and who also take great pride in helping their clients through the credit repair maze is always your best option.
Financing a car with bad credit is quite simple actually… but you must take care in choosing the right vehicle to USE as the vehicle to fix your credit. Sometimes you have to leave your ego at the door, and not get the vehicle you really want for the first 12 months or so. Financing a car in terms of credit repair, is really less about the car and more about the credit repair, than most experts tell their clients. At NewLeaf Auto Finance we focus on that fact rather than hide it from our clients because when our client sfollow the process and the plan that we lay out for them, they often end up with the vehicle they really wanted once we’ve helped them improve their credit score.
[lastupdated]
Leave a Reply