Bad Credit Car Loans in Washington

WashingtonAutoCredit.com will soon be partnering with Credit Acceptance and with that will be able to offer Guaranteed Credit Approval to all customers that come into our Olympia, WA dealership to meet with us.

The Case for the Extended Warranty

While many manufacturers are offering longer warranty coverage on their vehicles, the debate about buying an extended service contract when purchasing a used car has resurfaced.

At Washington Auto Credit we suggest using common sense when buying a car.  We help people find vehicles that will fit their budget rather than trying to make your budget fit a vehicle that is just too expensive.  The purpose of one of these loans is to re-establish your credit, and we are dedicated to helping you reach that goal.  During the buying process, you’ll have the opportunity to consider a few dealer “add-ons”. These extras can range from window etching and undercoating to paint protection and extended service contracts.  While many of these items may not provide a huge benefit, you might want to take a closer look at the service contract – also called an extended warranty.

Why Should I Get an Extended Warranty?

When you take out a high risk loan, you are paying more in interest, than you would if you had perfect credit. For that reason, a bad credit loan payment will usually tie up more of your monthly budget. This doesn’t leave much wiggle room for unexpected expenses. The idea behind an estended warranty is the same as insurance – to spread out the risk into affordable monthly payments instead of one large, catastrophic one. It’s much easier to budget for a small monthly expense than for the unexpected hardship of a major breakdown.

The Bottom Line

If you are about to buy a car with a bad credit car loan, it is important to consider a used car warranty. Ideally, opt for the maximum term available, up to the length of your finance contract.

As far as applying for a car loan, for years, Washington Auto Credit has been helping people with credit problems get approved for new and used car loans. We work with the leading subprime lenders to get you approved. Once you’re approved, you are on your way to rebuilding your credit score and a brighter financial future.

I bought a car, and I have changed my mind. I do not want it anymore. Can I get out of the contract?

GAP has saved thousands of Americans Millions of dollars, but what is GAP and how does Gap Coverage Work?

Several “sub-prime” or “secondary” auto lenders recently change their lending guidelines to reflect current market conditions. When gas got up to $3.00/gallon, consumers barely flinched. Maybe because they could see it coming for a while. Once gas hit $4.00 to $5.00/gallon it changed the way people thought about their cars, their lifestyle, and their budget.

Badger Car Salesman

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

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.

You do not have to have BAD credit to see the benefits of credit repair on your credit. Let a trusted leader in Credit Repair help boost your credit score. Items such as Late Payments, Repossessions, Collections, Charge-offs, and even Bankruptcies have been known to disappear off of people’s credit reports with professional credit repair.

We recommend you try Legal Online Credit Repair to help you get a higher credit score, lower interest rates and lower monthly payments on your credit cards, mortgage, car payment and other debts.

It has worked for thousands, and it can work for you too.