Bad Credit, Zero Credit or Past Bankruptcy

Nothing is a Trouble for getting Guaranteed Credit Approval on Auto Loans

Learn How to get Guaranteed Car Loan Approval

Bad Credit, Zero Credit or Past Bankruptcy – Nothing is a Trouble for getting Guaranteed Credit Approval on Auto Loans

Does car financing take the fun out of car buying? Do you think buying an automobile with cash is the best option? Are you facing constant rejection from subprime lenders and 2nd chance auto dealerships? If you are getting harassed by your bad credit or zero credit history or even a past bankruptcy, this article is the right choice for you. Let's understand how to get guaranteed approval on auto loans.

Put on Judging Glasses

It is essential that you understand your situation before taking any decision. You must know the reason behind your bad credit history. Is it a past bankruptcy or a repossession that has made your credit score terrible? Get your free credit report from and comprehend it. If you find any unwarranted transaction, ask the credit bureau to remove it.

Is Bad Credit bothering you?

If you have bad credit history, your past financial transactions are the cause of it. Dig in deeper and know exactly which outstanding debts are ruining your credit ratings. If possible, pay-off some of the debts. It will improve your credit score.

Did you have Bankruptcy in Past?

Bankruptcy stays on your credit report for 10 long years. So, if your credit report shows bankruptcy, you must know that it is going to affect your interest rates for long. You can combat it by making some positive transactions which include paying off debts and checking for unknown entries.

No History Case

Most young buyers assume that they have no credit history. But, there are chances that a certain department store credit card has had some impact on your credit report. So, check your credit report. When you are assured of no credit history, only then apply for an auto loan with zero credit history.

Plan of Action

After knowing your credit situation, you must start working on getting guaranteed approval. Don’t worry if your credit score is not excellent or up to the mark. You can get approval for affordable car financing by alleviating lender’s risk.

Down Payment

A down payment amount is ideal for lowering the lender’s risk. When you make a down payment, the overall loan amount is reduced. A lower auto loan amount means lesser risk. This means improved approval chances.


Ask someone with a good credit score and decent debt-to-income ratio to become a co-signer. When a co-signer enters the picture, the lender knows that his money is secured.


Be ready with documents and papers related to your car loan. It includes your recent pay stubs, receipts of utility bills like electricity, water, etc. Few lenders may even ask you for an Employment Verification Letter. So don't forget to get it from your employer.

Get the vehicle details from the dealer or private party if you have already selected a car.

Correct Lender

When you have credit issues, it is important that you apply with a lender that offers auto loans program to people with less than perfect credit score. Contact only those lenders who offer second chance car loans to subprime credit borrowers. If you are an individual with zero credit history, search for a lender that has no problem in approving a no credit auto loan application form.

Internet can be used for searching lenders and online auto financing companies. Make sure that you are dealing with a reliable and highly secure company.

If you follow this Plan of Action, guaranteed approval on auto loans will be a reality for you. Go ahead! Fulfill your car dream with these essential tips. is a reliable company that offers guaranteed approval to people with credit issues. Bad credit, no credit or bankruptcy in past – nothing is a trouble for 100% secure website. Apply now for online auto loan quotes today!

:- Posted by Admin on 31st March, 2013