According to BCAL, many people suffer from a vicious cycle when it comes to bad credit.
Seattle, Washington (PRWEB) June 19, 2013
BadCreditAutoLoans.me explains in their latest guide what many shoppers know already; bad credit means high prices for car insurance. They also make a few excellent points as to why this happens as well as what can be done about it.
According to BCAL, many people suffer from a vicious cycle when it comes to bad credit. They explain how bad credit shoppers get a harsh deal, saying, “It all comes down to math. Over time, those who have bad credit are both more likely to make an insurance claim (ironically because they can’t afford to pay out of pocket) and they’re more likely to miss a payment (and again, the irony – if they were getting the same rate as the person with a great credit rating, they’d be able to make the payment).”
Fortunately there is a little hope, says BCAL. They say that shopping around can do wonders for finding the best options, when it comes to either car insurance or bad credit auto loans. They also stress that not every insurance option under the sun is worth it's price; sometimes less coverage is perfect.
BadCreditAutoLoans.me is part of Complete Auto Loans, a national auto and car finance lender in the USA. They help consumers find a low interest rate car loan despite their credit standing. Their custom auto lending system has been developed to specifically cater towards the consumers needs for auto loans. Voted for best "Quality Customer Service", they've serviced thousands of car shoppers. Their finance team is available to immediately help anyone choose the best loan program that fits a consumers budget guidelines.