Sometimes the situation arises and you need a better vehicle, bad credit* does not necessarily signal the end of the road for car shoppers. In fact, at Deals on Wheels the good news is that many qualified buyers with poor credit are taking the wheel with the help of Deals on Wheels used car financing. And they can enjoy a lot of the same conveniences as buyers with better credit, such as pre-approval.
Every car shopper’s position is different, and planning your car-buying process may help you understand what’s right for your situation, and how best to achieve it. Here’s how to approach car loans when you have bad credit. First consider your budget, Deals on Wheels will approve you for a used vehicle loan that is less than 20% of your monthly budget. Second consider your job time the longer you are on your job the better your chances are of being approved, and finally you need to consider the stability of your living situation. The more stable you are the better chances you will have to being approved for used car financing