Your partnership with Loan Doctor doesn't end once you drive off the lot, not at all. Loan Doctor calls it a partnership because we have promised to get you the best possible rate and term.
Assuming the rate you received is higher than prime Loan Doctor will be aggressively working on getting your interest rate down and in ten to twelve months your credit will have begun to heal and assuming you have made all your payments on time you will qualify for a better rate! Guaranteed!
If you wish, your Loan Doctor specialist will check in with you from time to time and ensure everything is going well and as planned. This is Loan Doctor’s commitment to you.
Many of our customers are curious about when the right time to get a bad credit car loan is. Some customers think that they might be able to get better interest rates if they are able to improve their bad credit. Other customers think that they might be able to wait for a special program through our dealership in order to get their bad credit car loans. Here are a few things that you should know about getting a bad credit car loan if you are in that boat:
Whenever you have to take out a loan of any type, chances are good that the thing for which you need to take out the loan is important. Therefore, make sure that your need for a car is worth taking out a car loan, which it probably is. If you need a car to go through your daily life, then you may not have the luxury of waiting for the "right" time to take out a bad credit car loan. Instead, you may have to act quickly just in order to function. We work hard to make sure that you get the best possible financial arrangement, regardless of your credit situation. Feel free to speak with us about your concerns and limitations.
We do offer special rates throughout the year for customers that qualify. In many cases, customers with bad credit will qualify for these special programs. However, keep in mind that these are not ongoing programs. Therefore, waiting for one of the programs to come around might not be worth your time if you need a car right away.
There are situations in which customers come to us with bad credit. When we review their credit situation, we can find small things that they can do to fix their credit easily. If it is worthwhile to the customer, we may suggest that they improve their credit and then come back to us in several weeks. If they are able to do so, they may be able to get a lower interest rate and higher loan amount.
There are many reasons to buy a used car with bad credit that we are happy to discuss with our customers.
Contact us today for more information about how we can get the best possible loan and financing opportunities for you so that you can buy your car regardless of your credit situation.