Seattle, Washington (PRWEB) January 29, 2013
One of the first things that should be addressed is the misnomer that, in order to qualify for an auto loan, a person has to have good or okay credit scores or history. While these things help with the amount of a loan or rate, bad credit auto loans are currently available to all drivers - or non - who have bad credit or even no credit.
Because of the changes in market, though, a lot of consumers have been left with moderate or very poor credit. While this can affect things, it doesn't mean that consumers can't be approved for auto financing. Complete Auto Loans is able to provide auto loans to consumers no matter the history.
But, good credit does help leverage finances even more and can help get really good rates on auto loans. With that in mind, Complete Auto Loans announces tips for helping rebuild credit to qualify for an auto financing in 2013.
Even though the short of the matter is that anyone can get an auto loan because of the market opportunity, one of the first things a person should do is find out their credit score or history. CAL's actually provides credit scores free to consumers applying for auto loan approval, and also provides credit history reports for just $1.00.
But, for those not needing an auto loan at this time, several credit score and report websites can be used to find out where a person's credit is at.
Second, consumers should check to see if there are ticks on their report even though the loan has been paid or brought up to speed. Credit companies can be contacted to update paid accounts and have that reflect on the credit history report. This can help bring scores up.
Third, the debt to loan qualification amount should generally be less than half. If credit cards are maxed out, this doesn't look safe to credit card companies and it can count against a person's credit score.
Fourth, get a loan and consistently pay it off. Even though getting a loan can be difficult with bad credit, it can be done. Complete Auto Loan's offer's bad credit auto loans at 100% approval even though credit may not be the best, or a consumer has no credit.
All is not lost. It is possible for a person to come back from poor or bad credit and CAL's provides auto loans as one means to do so.
About Complete Auto Loans
CAL provides consumers with the highest quality online lending service in the U.S. They are qualified to help anyone get auto financing - even auto loans for people with bad credit. They approve everyone no matter their credit history. Even no credit car shoppers can apply for a loan if they have a cosigner available to them. CAL's goal is to help everyone get into a safe and reliable car.