Seattle, WA (PRWEB) November 17, 2013
With its simple application package and low interest rates, Complete Auto Loans has revolutionized the auto lending process for millions of borrowers with bad credit. Traditionally, potential car buyers with bad credit were forced into predatory loans from auto dealerships and high interest loans from their local banks. Complete Auto Loans has taken a different approach, reducing its own overhead by moving operations onto the internet. With no brick and mortar headquarters, Complete Auto Loans offers cheaper interest rates and has a higher risk tolerance than competing lenders.
According to Rob Kaiser with Complete Auto Loans, "The economic recession hit a lot of people hard, and the auto lending industry has been feeling the crunch of the recession for years. Moving auto-lending onto the internet should help consumers by making it easier to compare different car loans, and making it easier for lenders to specialize in loans to different segments of the population."
Complete Auto Loans also recently published a guide, linked below, for people with bad credit or no credit histories. Included in the guide are various tips to rebuild credit and to avoid common lending scams that typically prey on people with low credit.