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One thing we won’t do is trick consumers into filling out an application by telling half truths, which leads us to today’s topic: If it sounds too good to be true, it really is too good to be true.

Financing a used car with a bad credit car loan can help you raise your FICO score but you should also consider an extended service contract Getting a car loan with bad credit If you’re reading this, there’s a good chance that you belong to a growing group of consumers that have bad credit and you need [...]

In our customer service department here at Auto Credit Express, one of the questions we regularly need to answer is whether or not people with bad credit can do a sign and drive loan. And since we are in the business of helping people with damaged credit, we thought that it was about time we posted an explanation about sign and drive loans.

If you’re reading this, there’s a good chance that you are one of a growing number of consumers with bad credit and you need a car. If that’s the case, the good news is that you’ve come to the right place.

There are two ways of adding a person to the finance contract of a bad credit car loan.

While your credit score will tell you what kind of loan you need, your budget will tell you what kind of payment you can afford. Once you know this, you can calculate how this payment translates into the price of the car. And while many web sites will let you research different vehicles, only a few will let you study the real nuts and bolts of car finance.

Here at Auto Credit Express, our customer service department occasionally gets calls from consumers who “made a mistake”, went to the wrong kind of dealer and are now trying to get out of their finance contracts.

As we wrote in an earlier article, it was no secret in the auto industry that General Motors was not satisfied with the number of bad credit customers its dealers could get financed.

But there are also indirect advantages to taking out a bad credit car loan. As you begin the process of rebuilding your car credit, there are other things that will improve as your credit score increases.

But before you begin the process, you may be wondering how you got to this point. And while some of the reasons may be obvious, there are three big reasons why many car buyers find themselves applying for a bad credit auto loan instead of qualifying for a conventional vehicle loan.