When you don’t have time to deal with a credit check or need a car fast, it can feel like the options are very limited. Where can you go for help?
If you are looking for fast and easy financing, a Buy Here Pay Here dealer may be the option you are considering. Their approval process is fast, and they don’t check your credit. In most cases, the purchase can be arranged and finalized within hours, and you can find yourself driving off the lot with a car on the same day.
But, even if you have damaged credit, is this choice right for you?
Choosing the Right Bad Credit Car Dealership
Dealerships that specialize in alternative financing come in different shapes and sizes. And, because of this, you should give thought not only to your situation, but to what kind of dealer you work with.
First, consider your circumstances. How did you end up in your current financial situation? Was it because of a major event that sent your finances reeling, or was it due to mismanagement of funds? This matters, because if you have bad credit due to an injury, job loss or another major life event, you may still be able to get lending rates and terms that are comparable to the kind that applicants with good credit receive.
On the other hand, if your bad credit history was caused by mistakes that could have been avoided, you may have to deal with a loan agreement that has higher interest rates. In these situations, a Buy Here Pay Here agreement may be better for you.
Getting Back on Track
Regardless of your current situation, Suburban Auto Finance can help you get the auto financing you need. We have lending options for people with all types of bad credit, and a team that will work hard to get you the best auto loan you can qualify for. And we will help you rebuild your credit, so the next time you have to make an auto purchase, you can do it without the worry of being denied and get the best deal out there.
Start today by completing the fast and obligation free online application. From there, we will arrange a time to meet with you and determine what kind of lending program and vehicle works best for your needs. Worry no more, we are here to help.