Bad Credit is Not a Problem
There is great news for those who want or need a new or used car. According to the first months of 2017, this is what is happening in automotive financing:
· Interest rates on new cars are the lowest they have been in three years.
· Nissan and Cadillac are among the major manufacturers to offer the lowest financing rates.
· Buyers are getting approved for bigger loans.
· Lenders are doing what they can to make the monthly payments lower. Low interest rates combined with longer loan terms can make payments more affordable.
· The changes in attitudes towards lending are being fueled by the fact that more buyers are paying back their loans.
Pre- Qualification Application
Just because your credit isn't perfect, doesn't mean that you can't get into a car. At Vaden Automotive Group we help people get approved for a bad credit auto loan. Our finance department has relationships with many lenders and can get you on the road in a car that you are sure to love.
