Bad Credit but Need a New Ride? Here’s What to Do.
We know how frustrating car shopping can be when you have bad credit. At the financing step, does your credit cause denied loans and your dreams of a new ride disappear? Are you a newcomer or first-time buyer that has spent weeks inquiring with not much to show for your effort?
If you’re an individual struggling with a less-than-ideal credit score but need access to a vehicle soon, this blog was made for you! Fortunately, there are ways to find a car and get approved for a car loan easily.
Keep reading to find out where you can go and what you can do to make your car dreams possible, even if your credit score isn’t perfect.
CHOOSE A DEALERSHIP THAT CARES
When researching dealerships to buy from, it’s important to find one that specializes in helping people who have less-than-perfect credit. Here at Birchwood Credit, we’ve designed our process to be as fair and hassle-free as possible. We’ll help you find an auto loan that works for your budget before you even start looking for a vehicle, so you’ll know exactly what you’re working with. As the largest auto dealer in Manitoba, we’ll give you the best rates and payment terms based on your financial situation.
READ THE REVIEWS
Check out the online reviews of any dealerships you’re considering because real customer stories will always speak for themselves. At Birchwood Credit, we have 1465 first-party reviews and counting. We work each day to change our customers’ lives for the better and there are so many success stories we’re proud to be a part of.
GET PRE-APPROVED
It’s also important to find a dealership that offers pre-approvals – and double check that applying won’t affect your credit score. To get pre-approved for an auto loan with Birchwood Credit, you just need to fill out our secure online form. This gives us a chance to get to know you as a customer so we can gather information to help us find the best vehicle for you. We’ll ask for your vehicle preferences as well as some basic information including your name, address, date of birth and income. At this point, we aren’t doing a hard check on your credit score so it won’t be impacted – we simply want to gather basic information before continuing the process.
NARROW DOWN YOUR SEARCH
An easy way to not be disappointed in your vehicle search is to narrow down your options to ones that actually fit into your budget. Try out the Birchwood Car Loan Calculator to get an idea of what you can afford to spend before you start shopping.
Once you get pre-approved with Birchwood Credit, you’ll know how much money you can reasonably spend on a vehicle. Our credit experts will help you look through the Birchwood inventory, finding vehicles that meet your needs and budget. We’ll be there throughout the entire process, answering your questions so you feel 100% confident and happy when you make your vehicle purchase and drive off the lot.
SIGN UP FOR IN-HOUSE FINANCING
It’s also beneficial to find a dealership that offers in-house financing because it often provides benefits to someone struggling with their credit. We offer in-house financing here at Birchwood Credit, which means we are lending our own money. This allowes us to approve all credit types, giving our customers better rates, repayment terms and vehicle selection.
LEARN MORE ABOUT YOUR CREDIT
An extra bonus is finding a dealership that will help you learn more about your credit on top of helping you through the car-buying process. Try out our FREE Secure Credit Check to begin working towards your financial goals.
Unlike banks and other lenders, Birchwood Credit will discuss your credit situation with you and ensure you understand it. We’ll also give you tips on how to rebuild your credit and achieve financial freedom. We will always look at you as a person with a unique financial situation, not just the number on your credit score.
GET DRIVING
If you’re ready to drive away with a new vehicle, our credit experts can help. Even with less-than-perfect credit, we can help you get approved and get into a vehicle with an affordable payment plan that fits your budget and lifestyle.
Fill out an online Car Loan Application to get started with one of our experts today!
