Any Credit Auto Loans
Auto Net Credit Centers offer auto financing for any credit score, traditional loans offered from banks, credit unions, and lending companys, as well as any credit auto sales. After you complete the auto loan pre-approval process a representative will discuss your needs and determine which options are best suited for your situation.
One of the reasons that you may be reading this right now is that you are in the process of making the decision of whether or not to use a car loan for any credit history to repair your credit or build credit if you are without any credit. At some point you may ask yourself, "Why should I apply for auto finance when I can pay cash for a car and get any credit card to rebuild my credit."
In determining your credit score, any credit bureau looks at your entire credit history. But while auto loan lenders look at any credit history, they put special emphasis on your installment auto financing history when you apply for a car loan. In other words, while an ok payment history with a credit card will help your credit score, it is not the strongest type of credit to have if you want to finance a car with a bank or credit union. In order to qualify for an auto loan with these lenders on your own without a co-signer, you really need some type of installment credit history with a fairly high balance. A previous car loan with ok payments fits the bill perfectly.
even with past credit problems.
A car loan is a type of installment credit. With installment credit, you sign a contract to pay back the amount borrowed, plus interest, for a set amount per month (the payment) for a fixed number of months (the term). An example of this would be a contract that you sign for a car loan with monthly payments of $300 for a term of 48 months (4 years). Any credit card is a type of revolving credit. With this type of credit, you're not required to pay off the entire balance every month. If you don't, the credit card company allows you to carry over any remaining balance to the next month.
Once you've made the decision to try and prequalify for an auto loan, you need to make sure the web site you apply at is both consumer-friendly and safe. Look for a telephone number on the site. A telephone number means that the company you're using has a process in place to answer customer inquiries as well as resolve any complaints in a timely manner. Also make sure that the application is thorough as well as SSL-encrypted to ensure your personal information is securely transmitted over the internet.
About Auto Net Credit
Auto Net Credit Centers are located throughout the United States inside of select new car and used car auto marts. We help people with fair credit, no credit, or poor credit qualify for automotive financing. Our service is free for consumers and the online application takes only moments to complete.
Once you are prequalified for an auto loan, you can visit a local auto dealer and shop with confidence. Since 2001, our service has helped hundreds of thousands of people with special credit needs buy a new or used car.