When you have poor credit, it can be a daunting task to try and figure out how to buy a car. The financial missteps of the past are always seeming to come out of the woodwork to haunt you. With so many, “No”s, it can leave you wondering when and if there will be an opportunity to get a new car. For those who are repairing their credit, not being able to find transportation to work can just further the damage. When public transportation is not practical then it is time to think about what you can do in order to find a car with finance terms that you can live with.
Bad Credit Used Car Dealers Aren’t All That Bad
Maybe you never thought you’d wind up in this situation but here you are. There is no reason to hide in the shadows, hoping to maybe someday be able to purchase a car. There are dealerships that specialize in this kind of situation so you don’t have to hang your head in shame in order to walk in and to talk to one of their sales representatives about the possibility of buying a car. A car dealer for bad credit knows which lenders are the ones that you should work with based on your credit score. There are lending programs specifically designed for those with bad credit and many of them are from very well-known and reputable lenders. These dealers will walk you through the lending options that are available to you and work with you to secure financing in order to get you behind the wheel again. What you will want to do if you are not sure of who to work with is to contact the Attorney General in CT to discuss any dealer that you may be interested in and see if there are any legal filings against them. They will be able to inform you as to which cars dealers for bad credit you should avoid so you are more confident in your car search.
Use This Purchase to Better Your Credit
You can use your purchase for credit repair. By making timely, consistent payments you can rebuild your financial future. Paying a little extra off of your principal balance will also go a long way to paying your loan off sooner and up your credit rating in a shorter timeframe to get you back on track again.
Have poor credit and need a car? Contact www.franksautocredit.net or (860) 649-3000