Credit is tighter, but not impossible
We've been in the field for more than 20 years, and things in the car business are as bad as we've even seen 'em. Sales are way off, brands are going out of business, and Cash For Clunkers is fading as a memory. Dealers faced with empty showrooms are cutting prices and offering incentives like crazy. They've got to convert cars on the lot into cash on the books.
When they lose, you win.
Despite Fed rate cuts, auto loan rates are creeping upward -- especially for credit scores under 600. The conditions we see here early in 2010 -- rock-bottom prices and fairly low interest rates -- will not last forever.
Our dealers are electronically connected to 800 lenders. That radically increases your chances of getting approved, and gives dealers the chance to slot you to the best rate your score will allow. And by applying online, and setting your own appointment, you get treated better than some "up" who just shows up on the lot.
Our online car loan application only takes a minute to complete. It's free and it puts you under no obligation to buy. Just consider it a hassle-free way to see where you stand credit-wise. You are closer than you think.