Tips To Choose A Bad Credit Car Loan

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No credit? Bad credit? No problem. A bad or no credit situation needn’t stop you from owning your dream car. Here’s how to choose a bad credit car loan. Visit for more information.


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Major credit bureaus like Equifax, Experian and TransUnion keep track of one's credit information How Does Credit Score Affect You The more your credit score, the less your interest rates will be and vice versa Credit score determines your interest rates Be aware of your scores and keep track of your credit records.


Research Bad And No Credit Car Loans Check for low interest rates Look for options that let you rebuild your credit and offer other cash incentives Look for exciting offers which can be afforded even for a bad credit holder Choose an auto loan payment calculator to budget your plan


Understand Your Credit Score Report 620 - 679 - > Average Credit (Moderate) 680 to 719 -> Good Credit (Great) 580 - 619 - > Fair Credit (Low) 720 and above - > Excellent Credit(Exceptional) 500 - 579 -> Bad credit (Bad) Below 500 - > Very Bad credit (Terrible)


Improve Your Credit Score Don’t buy things you cannot afford Understand the effects of having bad credit Pay your bills on time Don’t take on more debts than necessary Speak to the debt collection agency for repayment plans and make sure they de-list you after the debt is cleared.


Check for companies that provide low interest rates and come up with attractive offers like discounts, cash back offers, and other referral programs Shop Around Budget your loan inquiries and work on action plan Identify your credit scores and find ways to improve Find a creditworthy co-signer


About Us 40 years of experience in car finance Free delivery within Canada Interests as low as 2.9% Maritime Car Loan helps in financing car loans for good, bad and zero credit situations in Nova Scotia and other Canadian Maritimes We offer referral programs, cash back offers, and discounts for students, defense employees and those new to the country


Visit us: 215 Wyse Road, Dartmouth, Nova Scotia, B3a 1n1 902-469-8122 Website:

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