At WashingtonAutoCredit.com, we see several hundred applications per month. Most of those applications are from people who would benefit from credit repair. WashingtonAutoCredit.com offers Guaranteed Credit Approval, but no matter how hard we try there will always be people that are not offered with the loan they are elligable for. It could be that their negative equity requires too large of a down payment, or that the interest rate that the customer qualifies for is too high (in their opinion), or perhaps they just do not like the vehicles that they qualify for.

No matter which case may apply to you, credit repair is often a medium term solution. You see, credit repair is not an overnight process. It takes time to get older negative items off of your credit, or corrected. Once that happens, for many people, their credit rating improves and they are eligible for better financing options.

If you think that credit repair may be an option for you and you want to talk to someone about it, we recommend JumpStartMyCredit.com. They offer the only service endorsed by WashingtonAutoCredit.com: Credit Unlimited.

2009 Ford F-150 Platinum Edition.

Check out the newly redesigned Ford F-150. Have you driven a Ford lately?

Visit WashingtonAutoCredit.com for your opportunity to get a Guaranteed Credit Approval.

Must schedule appointment and visit store to receive written approval.

Stipulations will apply, just like any other loan.

If you need a little extra help buying a vehicle, and you do not want the embarrassment of being turned down, apply for a car loan at WashingtonAutoCredit.com and we will be able to offer you Guaranteed Credit Approval.

Bad Credit, No Credit, or REALY Bad Credit? You are still approved under our new program. Keep an eye out for the official announcement. It will happen any day.

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

Customers that are required to have a starter-interrupt device on the vehicle have a 5% +/- delinquency rate, while even people with decent credit have been recently showing delinquency rates of 20-35%.

How does it work?

Starter-Interrupt devices require that the customer make timely payments, otherwise the vehicle’s started is disabled and the vehicle will no longer start. The GPS portion of the device tells the tow truck company exactly where the car is.

With results that good, how long will it be before good credit lenders start requiring starter-interrupt devices on car loans?

Good and perfect credit banks will probably never require the devices. It would make the buyers choose other lenders. However, I believe lenders may start giving the customer a discount on the interest rate should they decide to have the starter-interrupt/payment reminder system installed. It might not be a bad thing given the number of repossessions that lenders are seeing right now.

If you are having a tough time getting approved for an auto loan, there is probably a company in your area installing the starter-interrupt devices on their vehicles and those devices can make it easier to get approved for an auto loan. For some, it may be their only option.

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.

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.

If you are a cash buyer, and you want to register the vehicle in someone else’s name (someone that has a valid driver’s license) then you can buy a car. Or if you are a cash buyer and you want to go buy a car from a private party, instead of going to a dealer or getting an auto loan.

Otherwise, if the WashingtonAutoCredit.com team is going to help you buy a car, then the answer is “yes” you need at least one driver’s license on the loan/registration. So, if you do not have a driver’s license, and your husband/wife has a driver’s license, then the only ways to try to get approved for the auto loan would be the husband/wife by themselves, or a joint loan with both of you on it.

If you have any other questions about buying a car with bad credit, contact the Washington Auto Credit team at 888-300-3502 or apply for a car loan online.