subject: Got Bad Credit? Choose A Car Dealership Specialising In Bad Credit Car Finance [print this page] People who have developed a low credit rating can often find it hard to re-establish themselves, in order to start rebuilding your credit rating you need to have access to finance opportunities, this isnt easy as banks and loan providers often try to avoid higher risk applications altogether, if accepted it can often take up to a week to receive the decision, the interest rates are often high and then theres the paperwork which has to be sent out, signed and returned before you have access to the money.
If youve previously been turned down for a loan, choosing a car dealership who specialise in bad credit car finance could certainly be your best option, even though you have a low credit rating you may still be able to secure a reasonable rate of interest, being accepted not only enables you to buy the new car you want, you can often apply online, get a instant online decision and if accepted drive away the same day. Bad credit car finance also gives you the opportunity to rebuild your credit rating by making your monthly payments on time every month in the long run this will be reflected in your credit rating as its updated to show the finance youve taken and the payments youve made.
Being turned down for a loan can often put a dent in your confidence, youll usually find that car dealerships are more than helpful, they usually go above and beyond to secure you a car finance package you can afford with a reasonable interest rate and affordable monthly payments, after all they wont to sell you a new car so there going to do everything within their powers to get you the car you want for a price you can afford.
So if youd like to rebuild your credit rating and drive away a quality new car contact a car dealership specialising in bad credit car finance, for more information you can visit Stoneacre
