Help and advice - Auto insurance - Life insurance

How to get a car loan with a bad credit history.

24/09/2019

Get car financing with a bad credit file, really?

Even if most common financial institution will deny your car loan application, Crédit Auto Go will help you get it.

We have partnerships with financial institutions specialized in the car loan business and we often help unemployed, self-employed and bankrupt people to obtain financing. Of course, if your credit file is good, you can call us too.

All you need to do is to fill up the online car financing application and we will get back to you as soon as possible to help you get the best financing for your situation.
 

What mistakes should I avoid to obtain a car loan with a bad credit rating?

Here is a list of things you need to avoid to have the best chance to get car financing from financial institutions:

  1. Applying for financing with several banks and traditional car dealerships. This is one of the most common mistakes... If your credit file is good, these institutions will probably finance you. However, if you have a bad credit rating, you will most probably be denied at the credit check. You have to keep in mind that every denial will further affect negatively your credit rating lowering your chances of getting your car financing. We strongly advise you contact Crédit Auto Go first because we are experts in obtaining car financing for clients in difficult financial situation.
  2. Abandon without even trying, common mistake. You can always rebuild your credit file with adapted financing. We will help you obtain your car financing at the best possible interest rate for your situation. This will allow you not only to own the car you need but also to rebuild a good credit file. You’re not dreaming! Please read our article about it. 
  3. Focus on the first car you see. Can you afford the one you like and be careful not to buy a car with a shady history. You need to be reasonable about the car you’re going to buy, do you have the financial means to afford it? You also have to pay a close attention to the car history (maintenance, accidents…) to avoid any unwanted surprise. Crédit Auto Go will support you in the whole process. From the financing application to its approval. We will also help you find the right car for the right price with a guaranteed quality and mechanical insurance, our team will support you. We have our own car dealership too, which allows us to  follow you every step of the way and insure you will get the vehicle you need!
  4. Owning many credit cards and accepts the ones from the stores. If you want to be granted a personal loan with a bad credit score, don’t make that mistake. Even if most of your credit cards have zero debt, it could lower your chances of obtaining a loan because they will take in account the possibility that you could load them all in a spending frenzy. That’s why we recommend you only own one or two credit cards.

In any case, we are convinced we can help you get a car loan, whether it’s a 1st chance credit, a 2nd or a 3rd chance. A bad credit file will not stop our team to help you get your car loan. We have partnerships with private lenders and important financial institutions! You need proof? Contact us or apply online. We’ll get back to you shortly to allow you getting a monthly fee loan offer.

Get your loan today!