Car Lot Finance

Bad Credit Car Finance

If you have bad credit, car finance can be a massive problem. Most car dealerships are unwilling to offer a car loan to someone who does not have a decent credit score, however, there are many people who still need a way to get to work and carry on with their life. What, then, is the solution to this catch 22 of needing a car to get to work, but needing the work to pay for the car? The solution is Car Lot Finance’s search engine of dealerships which offer financing options for people with bad, or no, credit.

A bad credit car finance dealership is only a few clicks away, and available for absolutely no money whatsoever. The website lets you browse the entire spread of used cars Charlotte NC and find the one you need, as well as letting you find out if you would be pre approved for a loan. This lets you save a ton of time and take much of the guesswork out of the car buying process. Why waste time going around to different car lots and falling in love with cars you cannot afford?

There are many reasons why a person might have a bad credit car finance issue. With the recent economic issues in the US, many government employees have lost their job, or because the job was related somehow to economic performance, even non government people have lost their job as well. No matter why, your goal is – of course- to get a new job. If something has happened to your car, however, or you cannot afford the current car payment, then you’ve found a dramatic problem. Even someone who has had their car repossessed can find a way into a used car to be able to back on the path towards financial safety.

The way in which these dealerships offer bad credit car finance to everyone is simple – they don’t use an outside bank. These banks, with their own loan departments, won’t want to make loans that are risky, and so leave you out in the cold. Known as secondary financing, these type of loans are direct from the dealership and can be offered to people who are more at risk than a bank would be willing to involve themselves with.

While it is entirely likely that you will have a higher interest rate on these types of loans, getting the loan is the most important part. Without the loan, you have no car – and because the car is used, the amount of the loan is smaller than a new car; making a bad credit car finance option right for you!