Tag Archives: CREDIT APPROVAL

GET INTO A CAR YOU’LL LOVE WITH GUARANTEED CREDIT APPROVAL WITH FRANK’S AUTO CREDIT

Vehicles are vital points of transportation, but they aren’t always easy to acquire. Getting a new car can cost a ton of money, and getting approved to purchase it can be a long process. Credit plays a major role in what you’ll be allowed to afford and how high your payments will be.

 

But credit is tricky. If you’re young, you likely don’t have a credit score at all. It is estimated that at least 30 percent of Americans have poor credit scores, and 45 million Americans live without a credit score.

 

Hope isn’t lost. If you’re looking for a car dealership in Connecticut that can give you guaranteed credit approval, Frank’s Auto Credit can help. Here is a little information on what the credit system is, why having no credit or bad credit makes buying a car difficult, and how Frank’s Auto Credit can help:

THE BASICS OF THE CREDIT SYSTEM

The United States Credit System attaches a number that represents the “credit worthiness” of a person. This basically means it is the number that describes the likelihood that a person will pay their debts.

 

Anytime you apply for in-store credit cards, apply to ask for a loan, buy a house, and so forth, your credit score is checked by the company that would be loaning you the money. This is a type of risk assessment. Many companies will not give you the loan or asset you’re needing to get a loan for if your credit isn’t good enough. Other companies will make you pay higher monthly payments to pay it back if your credit score is lower than you’d like. Banks may not give you the amount of money you ask for, but a portion of it instead.

 

By paying off the debt you owe, you can increase your score and be considered a more trusted lender. The issue with the credit score system is that many people don’t even have one. If you’ve never paid a bill that was listed in your name, your credit score won’t likely exist or go up.

Credit scores are based on payment history, debt burden, length of credit history, types of credit used, and the hard credit inquiries you’ve had done on you. The goal is to have a high credit score. You do this by paying off your debts and limiting the amount of debt you take on.

 

WHY NO CREDIT OR BAD CREDIT MAKES BUYING A CAR DIFFICULT

Either having no credit or bad credit can potentially make buying a car more difficult. If you don’t have any credit at all, most car companies won’t have any idea if you’re reliable and pay back your debts. If you have bad credit, they have proof that you aren’t faithful in paying your bills or paying back your debts.

 

This can make buying a car virtually impossible. If you really need a car, this puts a lot of limitation on you. But luckily, there is a company based in Manchester, Conn. that can get you guaranteed credit approval to help you get the car you need without denial because of your credit score.

HOW FRANK’S AUTO CREDIT CAN HELP

If you’re looking for guaranteed credit approval car dealers in Connecticut, Frank’s Auto Credit can help.

 

Frank’s Auto Credit can get your credit approved to purchase a car in no time. To get started, you will need two current pay stubs from your employer, a phone bill from where you reside, a valid driver’s license, a fully-completed online credit application, and a cash down payment which varies based on the car you purchase. Frank’s Auto Credit also only works with those 18 years of age or older.

 

After you’re approved with your credit, you can choose the car you want. Frank’s Auto Credit allows you to search cars by manufacturer, minimum or maximum price, body type, year built, and current mileage. After you have your car, you can use the online portal to make payments.

 

So, if you’re looking for a deal that is guaranteed to get you behind the wheel, check our Frank’s Auto Credit today. For more information, or to get started on a credit application, visit FranksAutoCredit.net. You can also contact Frank’s Auto Credit by emailing sales@fransautocredit.net or by calling 860-649-3000. Frank’s Auto Credit is located at 285 Broad St., Manchester, Conn. 06040. Check out the car inventory online to find the car that’s best suited for you. You can also connect with them on Facebook, Twitter and Google+.