Bad Credit Car Loans in Washington

The site has been up a few years now, and we seem to be doing quite well in terms of search engine rankings and traffic. We have been so successful at attracting users on the Internet that we receive several applications a day from outside of the State of Washington. That is fine, we still accept the applications. However, if you apply from outside of our area, the application is automatically routed to our affiliate network. We are usually able to help our users find a dealer to help them get an auto loan in their local region.

The only other reasons that you would be submitted to our affiliate network are under the following conditions:

1. You ask to be considered for the affiliate network. Whether because of distance, or some other reason.

2. You decide you do not want to work with our Olympia office. Maybe you do not like us, maybe you do not like the vehicles you qualify for.

3. You do not respond to the Olympia office contact attempts…either by phone or email.

4. We cannot help you. Although rare, sometimes we find a situation that one of out affiliate dealers will be able to assist you better than we can. If we do not see a way to go, sometimes another set of eyes looking at your situation can help.

We are not perfect, and do not claim to be. We are very effective at helping people with bad credit buy a vehicle. Most people who talk to us decide to get help from us. If you have a need for a car, and credit problems, give us the chance to help.

Get an Auto Loan with Bad Credit at WashingtonAutoCredit.com

When you finance a vehicle you have certain rights, but so does the financial institution who gave you the loan. When you stop making your monthly payments, the financial institution may start the repossession process.

When this happens, a repossession company can come collect your vehicle from your property or wherever the car is parked. They are not required to obtain your permission, nor do they need your keys. If your car is repossessed, there is very little you can do to get it back, so make sure it doesn’t happen in the first place.

As soon as you know that you’re going to be late on a car payment, CALL THE BANK! Explain the situation and give them a definite date by which you can pay the bill.  Ask if they will allow you that time to pay without repossession. They may grant your request, or they may tell you there’s nothing you can do.

It is also a good idea to go back and read your contract as well as the laws regarding repossession in your state. Laws vary depending on where you live, and some states have strict rules about when and how a bank can repossess a vehicle. For example, if you can prove a financial hardship and the necessity of your car, you may have some leeway as far as making late payments.

If you are unable to avoid repossession and the vehicle is taken, you still have some rights.  First, you have the right to collect whatever personal property might have been in the car - CDs, after-market equipment, clothes, maps, etc. Call the lot to which your vehicle has been towed and make arrangements to pick up your things.

Remember that banks hate repossession. They have to auction the vehicle to recoup the money they lost in the transaction with you, and they would almost always rather make a deal to let you keep the car in exchange for a payment arrangement. Find out what they are willing to offer, or try to negotiate a deal for yourself. For example, you could offer to pay a smaller payment each month and extend the length of the loan.

The best plan is to be sure you never miss a payment.  If there is nothing you can do to avoid missed payments, be sure to be proactive about calling the bank ahead of time.

I’ve talked with a few clients in the last month who bought vehicles from a dealer who went out of business shortly after the sale.  This used car lot was new in town and attracted these clients with the image of a good deal.  “[The new guy] had some good deals and was easy to work with… [sort of]“.

This fly-by-night dealer has never paid for the vehicles sold, therefore never had the titles to transfer to the buyers.  This dealer has now filed for bankruptcy and will never pay the previous owners leaving them with the titles and more than just my two clients with the vehicles that may never be theirs.

Both of these customers are making monthly payments on cars for which they may never be able to get the titles.  Many others have paid in full for their cars and can’t get titles.  All of them cars that were never the dealer’s to sell in the first place.

On top of not having titles these folks are left without a dealer to which they feel comfortable going back next time they need a car.

At Washington Auto Credit we only use large dealers who have been in business for many years. We choose our dealers wisely based on stability, business practices, and inventory.  Not only will we help you get approved for the best loan you can, we will also be sure you have a friendly dealer to come back to and that you are buying a car that you will actually own.

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Badger Car Salesman

This is NOT what is like buying a car at WASHINGTON AUTO CREDIT.

Also called being “upside down”, having negative equity in your trade in is not a position most people want to be in. There has been an influx of customers with poor credit trying to buy vehicles lately. That is great for us because we help people with bad credit buy cars. The problem is how many people with bad credit want to trade in their current car (that they owe way too much money on), and lower their payment.

Why do people who obviously can afford to pay their bills, decide not to? Why do people who cannot afford to pay their bills, decide to try to get a car loan? I have some advice for you.

What does the government do when the economy slows down during an election year? Give money back to the hard working people of the country. Car Loans are not the only thing we could think of to spend the money on. With only a couple of weeks or so until the money starts going out, many people have already started to think about what they will do with the money. The staff at WashingtonAutoCredit.com has outlined some great ways you can spend your “free money”.

Some people think of a Bankruptcy as a last resort. I talk to customers all the time who are a few months behind on every bill they have (including their mortgage or rent) and still want to try to buy a car. It baffles my mind that someone can think that it might be a good time to get a loan that will have a $300-400/month payment when they have not paid the $25 minimum payment on their credit cards for 3 months. Better still, trying to trade in a car (that you owe money on) when you are so past due, the bank has let you know that the repo man is coming.

If you have found yourself in a situation like this, or if you simply have so much debt that you do not know where to start. You might consider talking to a professional about your bankruptcy options. Filing for bankruptcy can be just what your credit needs. CLICK HERE FOR FREE BANKRUPTCY CONSULTATION.

Did you know it is much easier for most people with really bad credit to buy a car with a recent bankruptcy filing than without a bankruptcy at all? It is really simple once you think about it. Most people that file bankruptcy have had a period in their life that they paid all of their bills on time. More often then not, people that are filing for bankruptcy are good people that want to pay their bills, but some unexpected circumstances put them in this situation. Now that you have no other bills, it is a great time to buy a car or truck because you probably have some extra money each month to afford the car payment.

In addition, there are several lenders with car loan programs specifically designed to help people that have recent bankruptcies. With bankruptcy car loan programs, your credit core does not matter. Things that do matter include: proven ability to make a car or mortgage payment in the past, steady PROVABLE monthly income (using pay stubs), and a good debt to income ratio. With those 3 things, almost all people with recent bankruptcies can be approved to buy a car through WashingtonAutoCredit.com.

It happened again. We had a couple apply for an auto loan at www.WashingtonAutoCredit.com exactly 2-months ago. We were honest with them about their vehicle options, and they decided that they wanted to try other dealers because we let them know that a seven passenger SUV was not going to be possible for them without A LOT of money down. You see these customers, we will call them Mr. and Mrs. Unrealistic, failed to realize that with their credit (they had recently filed for bankruptcy) their options will be limited by the lenders that would actually consider them for a loan.

A funny thing happened yesterday, the Unrealistics called us to let us know they were ready to look at their REAL vehicle options again. You see, another dealership had told the Unrealistics that they could buy a certain SUV. The other dealer even contracted the Unrealistics on the SUV, and even let the customers think they owned it for about 3-days. Then the dealer called the Unrealistics to let them know the car needed to be returned. The other dealer was not able to get the Unrealistics approved for an auto loan. By the time the dealer called to tell the customers the bad news, the Unrealistics had shown their friends, neighbors, and relatives the new car. Pretty embarrassing, huh?

I hate to say it, but a lot of the time it is better for customers like the Unrealistics to go through this. For many people, it takes this type of frustration, and embarrassment to appreciate the honest, straight forward technique we use at www.WashingtonAutoCredit.com.

When you have bad credit, you do not have all of the options that people with good credit do. It is important that you deal with someone that is willing to explain all of your options, and that you are willing to consider them. Even if the options are not what you were hoping for.