Living in Georgia has many advantages: mountains, warm-weather, and ocean access. Another advantage to living in the tenth most populous state is having so many options when it comes to buying a car, particularly if you live in the Atlanta region. Even if you have had a bankruptcy, foreclosure, divorce, or other circumstances that would force you to seek out a bad credit car loan, there are still plenty of places to help you. The key is to know where they are.

When you need a car, there are many decisions to be made. Do you need a truck for hauling lumber or a minivan for hauling children? How much of a down payment can you come up with or how long do you want to make payments? All of these things are going should be thought about before you even step foot out the door. Making a few simple decisions ahead of time will help the salesperson to find the vehicle best suited for you and narrow down what may seem like a football field of full of inventory on the car lot.

Then there is there is the decision of where to buy a car. Yellow Pages has over 800 listings for car dealerships in the Atlanta area. If you have a perfect credit score that is a lot of places to choose from, but if you are in search of bad credit auto loans that number may be significantly reduced. The important thing to remember is that not every dealership has the ability to work with your situation. Many dealerships won’t even look at your request without a credit score near 700. If you fall below that number (as many do) you could actually harm your credit by applying at several dealerships and having a lot of inquiries on your show up on your credit report. Once that happens, it becomes even more difficult to get a loan.

That’s why using NewStartAutoLoans.com, makes so much sense. By applying through a service that matches you with a dealership in your area, be it Atlanta or wherever, you save yourself time and possibly your chance at even getting a car loan. The service will match your information with dealerships near you that already have programs in place to work with your situation. They know what it will take to get you into your new vehicle. Spending a bit of time online will be well worth it in the end.

Get Bad Credit Auto Loans Here

Bad credit really is a broad term.  Bad credit is a descriptive term that refers to less than perfect credit but bad credit really is in the eye of the beholder.  Credit may be bad to some and okay to others depending on who’s asking.  If you have been extended any type of credit in the past and been unable to pay on the required terms you may have bad credit;  But it’s not that simple.  First of all, there are a thousand and one variables. Your credit history is a compilation of credit that has been extended to you if the form of credit cards, auto loans, home loans, and personal loans over time.  Most of your credit only shows up in your credit file for seven years from when it was reported.  If an institution or creditor does not report to any of the three main credit bureaus it probably won’t show up on your credit at all.  Some derogatory items on your credit that are usually not considered “credit” until they show up because they are very past due and in collections.  These can include utility bills, phone bills, cable bills, hospital bills, and even fines can show up on your credit.  One interesting thing to note is that you may have a dozen hospital bills that show past due, but if you’ve made all of your car payments on time it will be easier to get a car loan. I once talked to a lender who said “I don’t care how they paid their cable bill I just want to know that they are going to make their car payment.”

Here’s another thing to consider. There are three main credit bureaus, TransUnion ™, Equifax ™, and Experian ™. They will all have slightly different information reported on them and sometimes very different scores as you may already know.  Did you know however, that your credit score will vary depending on what type of credit you are applying for?  If you apply for a credit card you may have a 625 TansUnion ™ score but when you apply for an auto loan your TransUnion ™ score is 601. This is because the credit bureau tries to determine how likely you are to pay on the required terms of each different scenario. You may have had a credit card that average payments were $80 a month and paid every payment on time but when it came time to make your $407 a month car payment you were late a few times. The biggest determining factor in determining whether or not you get a loan is not so much your score but your “credit history”.

Apply For An Auto Loan Here

There are several qualifications that lenders consider when approving someone for an auto loan including employment stability, debt to income ratio, past car payment history, percentage of loan to the value of the vehicle, and your credit score. These qualifications will affect your ability to qualify for a loan with any particular lender and the rate and terms you will qualify for. At New Start Auto Loans, we specialize in helping people with less than perfect credit. We have programs that can assist people with credit scores as low as 350 get another chance to put their finances back on track. We don’t expect you to fit a mold. We’ll consider all your qualifications, including credit score, to help get you the new auto loan you’re looking for.

Apply For A Low Credit Auto Loan Here!