Car Loan Myths and Fallacies Explained by Complete Auto Loans

Thanks to a recent article by Complete Auto Loans, consumers are discovering valuable car loan tips and vital, myth-busting financing information.

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Seattle, WA (PRWEB) February 10, 2014

In a world full of information, it’s easy for consumers within any industry to be misinformed or confused. Upon finding a great article from Billings Federal Credit Union, Complete Auto Loans (CAL) joined the conversation with blog post of their own. Dedicated to helping those with bad or no credit, CAL discusses credit issues, down payments, and safe budgets, pointing consumers towards a secure and affordable loan.

Click here to read the full article.

The overwhelming truth conveyed by CAL is that car loans are still attainable by people with bad credit. Modern lenders understand how today’s economy have affected consumers, and have created programs with that in mind. Online resources have further enabled those with credit issues.

The second myth, that loan-seekers need a large down payment, is another topic given notice. In reference to the article’s inspiration, Complete Auto Loans writes, "BFCU reminds consumers that a large down payment will only result in a smaller loan. While this is certainly a good thing, and a cash down payment is recommended, bad credit financing allows for the smallest budget to procure a loan."

About Complete Auto Loans:

CAL provides bad credit auto loans online. Their unique finance platform can accept 100% of applicants, regardless of poor credit or even bankruptcy. By visiting http://www.completeautoloans.com, consumers are able to find the ideal loan for their personal financial situation, all through a quick and easy online process.


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