Car Loans for Bad Credit : (253)353-2769

Anyone that has watched the news knows that hundreds of lenders across the country have been forced to shut down. That is especially true with lenders that deal with sub-prime borrowers.

WA Auto Credit is the place to buy a car in Olympia with bad credit. Proudly offering Guaranteed Credit Approval.

A recent customer asked us if they can get a better deal today than they could have six or twelve months ago. I often wonder (when I get questions like this) if I should just give them the short answer they WANT to hear, or if I should explain to them the truth, and risk [...]

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.

Prestige Financial is no longer accepting auto loan applications in the State of Washington. Prestige was Washington’s leader in bankruptcy auto financing.

WSECU will no longer be doing subprime auto loans. The sub-prime department closed down last week, and is not originating more auto loans.

Wells Fargo pulls out of dealership auto lending. What does this signal for the future of one of the nations largest banks?

Many financial experts suggest that one not use an old car as a trade in when purchasing a new car. In fact, trading in your old car may ultimately cost you more or hurt your chances to get approved for an auto loan.
Most auto dealers have a certain amount of price flexibility.  The more [...]

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.

Do you ever wonder why most people that have monthly payments on their car owe more money on their car than a dealership would give them for trade-in? Or why they owe more money than an insurance company would give them if they totaled the car?
Here are the two reasons:
1. Low Down Payment.
2. Low Monthly [...]