"CAL", has sparked the interest of consumers with bad credit history to apply for a car loan.
Seattle, WA (PRWEB) January 02, 2013
National Auto Lender Complete Auto Loans, otherwise known as "CAL", has sparked the interest of consumers with bad credit history to apply for a car loan. They are now accepting every type of applicant for an auto loan despite their credit history. In the past, about 20% of applicants could not be approved but "CAL" has just made some new connections with other lenders to guarantee people will be able to get a loan.
After the financial crisis in 2008 most lenders were turning down bad credit loans as people were statistically not able to pay back their house, vehicle, or car loans. This caused private lending companies to turn away the significant portion of applicants despite their current job status. However, things have been changing over the last few years. Even though the private auto lenders are still using strict guidelines for loaning money for a new or used car the rules have loosened up as more consumers have been able to statistically pay back their bad credit auto loans.
Great news for car shoppers, right? Well, depending on one's status financially this could be fantastic news. The secret sauce is a Seattle based company that serves car shoppers nationwide online. They've already taken the time and energy to make strategic relationships with multiple lenders who specialize in getting people auto loans whether they have good credit, bad credit, or no credit. The experience is quite pleasing for everyone. "CAL" is able to now approve everyone for an auto loan despite their credit history. All one needs to do is fill out their online application form.
The application process is really easy. Their form takes about 60 seconds to fill out which will give a consumer an immediate answer on their qualification and how they should proceed. Once qualified a qualified lender will contact the applicant to finalize their loan and get them into their new or used car.
Pre-approval is great. It's satisfying to walk into a deal knowing exactly how much money one is able to spend. That's why Complete Auto Loans provides auto loans for bad credit. Their mission is to help everyone find a reliable car, even their dream car if they so wish. Applicants are able to qualify up to $40,000 so their will be a lot of options for people who use their services.