How To Apply For Car Loan With Bad Credit

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HOW TO APPLY FOR CAR LOAN WITH BAD CREDIT
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The Bad/No Credit Situation In America
One third of Americans have a credit
score lower than 601
56 of people have subprime credit scores
One in ten Americans, i.e. about 26 million
have no credit history
19 million Americans have limited credit
reports so much so, theyre unscorable.
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How To Shop For Car Loan With Bad Credit?
They are instalment loans, i.e. you borrow and
pay a fixed amount every month
A car loan is the easiest and the most effective
way to build credit
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Step 1 Check Your Credit Score
Do not assume the worst
Check credit score with reputed bureau
Shop for car loans within the two week time
window to avoid negative credit score
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Step 2 Look for Options
Banks credit approval process is slow and
selective
Credit Unions- credit approval process is slow
Payday loans Interest rates are high
Car dealers- Instant car loans for bad
credit and no credit situations
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Step3 Look for Loan Term
Short term loans may affect monthly budget but
beneficial in the long run.
Long term loans easy on the budget but youll
end up paying more in the long run
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Step4- Look For Deals and Discounts
Cash back offers and discounts
Referral discounts
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Step5 Read Between The Lines
Do not fall for traps scrutinize add-ons and
other services
Read the contract ask questions
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Contact Us
We offer bad credit and no credit loans
Cash back for up to 5000
Referral discounts and student discounts also
available
Free delivery within Canada
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Website maritimecarloan.com Phone 902 -469
-8122 Address 215, Wyse Road, Dartmouth, Nova
Scotia, B3a 1n1