Information About Auto-Finance
Q: What interest rate will I get?
A: When applying for an interest rate, the financial institution will look at the severity of credit problems, whether or not you may have a down payment or a trade vehicle. Our experienced finance managers will fight to get you the best rate possible.
Q: How long does the process take?
A: Depending on the financial instituion, an approval will be received in a few minutes to an hour.
Q: Will I be stuck with a high interest loan for the full term?
A: Absolutely not. If you make all of your payments on time, the bank will re-finance the loan at a lower rate after as little as ten months. They just want to see that you are making consistent payments.
Q: What can help me get an approval on a loan?
A: The best way to get a guaranteed low rate would be a good credit co-signor. A co-signor is the best way to help you get a jump start to good credit again.
Q: Do you i have to put money down?
A: Ofcourse not! Some of our customers wish to put nothing down on a loan, and the financial institutions are ok with that.