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Archive for the ‘Down Payment’ Category

If I am Approved, Why Can’t I Buy the Car I Want?

Friday, March 12th, 2010

Sound familiar? Maybe not to you, but we hear it often. At WA Auto Credit, we help people with bad credit get approved for an auto loan to buy a car through one of our auto dealers. Obviously, if you have good credit you can pretty much buy whatever you want. However, if you have [...]

Get Ready: Tax Time is Coming!

Thursday, December 17th, 2009

WA Auto Credit just got our 2009 Federal Income Tax packet from Tax Refund Services (TRS). We are training our staff for our biggest tax refund season ever. With TRS, you can buy a car through us the same day you file your taxes and use some or all of your refund for down payment.
Here [...]

Landlord Verification for Auto Loans

Wednesday, September 9th, 2009

Let me preface this post by saying that it applies to people getting bad credit auto loans and first time buyer loans only. If you have good credit, lenders do not typically verify info with landlords or mortgage companies before they fund your auto loan.
There, now that that is out of the way…

Gas Prices in 2009 Mean Increased Auto Lending

Saturday, August 22nd, 2009

The last few weeks of summer usually signal the highest gas prices of the year.  Luckily, we still have not come close to the $5 per gallon we saw in 2008.

WA Auto Credit helps with Bad Credit Auto Loans

Tuesday, August 18th, 2009

Stop me if you have heard this before:
Customer calls “bad credit car dealer” to get pre-qualified for an auto loan. “Bad credit car dealer” tells customer they are approved for an auto loan and they need to come in right away before the financing expires. Customer drives to the car dealer, sometimes 4-6 hours away, [...]

Have you filed your taxes yet?

Saturday, March 14th, 2009

Here we are, in the middle of March. You only have one more month to go until the Federal tax filing deadline. Most people who rely financially on their tax refund have already gone and filed their taxes. In fact, I would estimate that most of our clients have already received their refund. However, there [...]

Can I delay my down payment on an auto loan?

Tuesday, March 3rd, 2009

Some dealers will suggest delaying the down payment on your loan. We do not recommend doing it. In fact, if your dealer suggests it, we say walk away.

Tips for saving up down payment

Saturday, February 21st, 2009

Sometimes, the only way people can be approved for a car loan is with a down payment. If a lender requires $500, $1000, or $2000 more than you currently have, what are some ways to come up with the money in a relatively short amount of time?
Do you drink Starbucks coffee every working day? 20 [...]

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