How To Buy a Car With Bad Credit
When you’re trying to buy a car and you have bad credit, you’re likely to face some obstacles. Even if you’ve tried and failed your credit application already, there are dealers who will work with you to buy the car in one piece.
Cars are a part of people’s every day lives. With this in mind, it’s just vital that we do our homework, have a positive attitude, and respect the process. Even though people with bad credit should easily be able to get a car loan, there are those who find themselves with few other options. Luckily, there are people out there willing to help.
A Review Of The Scary Scam involved in BHPH
A review of the scary,idelines-room-like experience related to the used car purchase revealed that the dealership often pressures consumers to buy the vehicle regardless of their credit history or ability to pay. After all, if they don’t buy now, what will happen later?
At one point during the interview process, the person with bad credit asked:
– Why would you come to my dealership? If I came to your dealership and you didn’t treat me properly, what kind of deal would I get?
The answer: I don’t know. But here’s what I do know: If you treat me properly, I’ll treat you improperly. And I’ll be able to help you more. There are tons of declined buyers out there who haven’t heard that kind of advice, and are eager to jump right in and purchase a vehicle. That’s how you get taken care of as a client.
From this answer, it becomes clear that whatever credit problems you have, you have nothing to worry about. Not only is the dealership going to take care of you, they’re going to do a fair job of working with you to figure out how you’ll properly repay the loan. Interest is one problem that many repeat buyers have to deal with, and they’re all too often repelled by hospitality that doesn’t treat them professionally. That’s not much of a recipe for receiving stellar service!
Plenty of Consumer magazines and outlets?
I’ve also read plenty of consumer magazines and outlets since the inception of the credit crunch. What I’ve noticed is that there’s very little in the way of honest, visceral consumer stories from people with bad credit. What we’ve got are lots of quotes from finance managers at credit unions and banks regurgitating a lot of standard, overdone advice that is surprisingly commonplace.
Many magazines feature “lexible finance” advice that is traditionally offered only to those who have the most Enron-tainted credit. Your credit isn’t flexible enough for most loans, they say, and if you’re not making payments on time, you’re a liability to your bank and your credit union and you’re probably a risk to your credit score.
Again, hardly any surprises there. What’s surprising is that the magazines that offer these type of services are remarkably consistent in theirjection of reckless, misleading, outright lies into their stories, advice, and articles.
For an example, just check out one of the latest issues of one of the nation’s leading consumer magazines, available through most newsstands and available at most bookstores, news racks, and other fine outlets.
Over the last ten years, this magazine has steadily increased its percentage of actual consumer stories from 20% to 75%! Amazing in its own right, but pales in comparison to the equally recent (2012) issues of Money magazine, which has the sameeto rotate around its pages, showing virtually no true, honest, expert opinions from anyone inside the tight-fitting boxes of conventional “power” that frankly, don’t stand out very well.
In this 2012 issue of Money, there’s an entire section entitled “How to Do Your Own Light Shopping.” It’s a great section, if you need to learn how to buy a new car without facing arrest, it’s a great place to start. But even if you don’t need to know how to do your own light shopping, it’s still news to you!
Flash forward a few years, and you’ll hardly find Consumer Reports on the magazines at all, much less in their annual “10 best” issue. You won’t find the usualRatliffic listings of the 10 “Hottest” cars on the market, or the evenhanded story of how the Chevy Malibu recovery effort plays out in the state of California.