Do You Know what Your Credit Score Is?  Or Maybe have an idea what it might be?  Then Jump Right To These Proven Methods for Getting a Car Loan if you have poor or bad credit!


If you think you have Bad Credit yet don't know what your Credit Score is, you'd better find out...before a slick-talking Bad Credit Finance Manager picks-your-pocket for more than $3,000.  Read "Personal Credit Reports - Your 'Grown-Up' Report Card".

This report gives you the knowledge you need to make the decisions that will save you thousands!


Discover Just How Much Those With Marginal Credit, Poor Credit & Bad Credit Get Ripped Off!


Did you know that a good Special Finance Manager will make $250,000 to $300,000 a year.  These folks can work out of gleaming, brand-new Dealerships....or even those small, private lots on various street corners throughout the U.S.  Whether you're looking for a new Domestic model, a Japanese model or just a decent used car, special finance managers have an office in almost all of them.

More recently, 100's and 100's of Special Finance Web Sites have been popping-up all over the Web offering to provide car loans to those with bad credit.

The fact is, providing Loans for people with bad credit is extremely lucrative.  And it's lucrative because the processes in place are set-up to take advantage of those that are unaware of the real options they have.

So....do not Apply For Car Loans all over town and on the Internet....and do not go near a Car Dealer till you know exactly what to do for your particular situation.



How To Get A Better Bad Credit Car Loan....And A Better Interest Rate


The 1st step....you must know what your Credit Score is.  If you do not, it's like going to a gun-fight armed only with your fists - you are going to lose....and lose big!  Knowing your score is the only way to be on equal-footing with Dealer's and Lender's.

If you've recently checked your score, good for you - memorize it and be ready to defend it when you begin this process.  The rest of you?  Here's how it's done.

Congress has recently passed legislation that allows each of us access to 1 free Credit Report a year (see Personal Credit Reports - Your 'Grown-Up' Report Card".  It's a great way to find out what your Creditors are saying about you.  However, they can be difficult to understand....and they don't show what your Credit Score is!

And although both are used in most Loan decisions, the Credit Score, not the Credit Report, is what typically is used to determine whether you'll get a car loan and at what Interest Rate.

Unfortunately, to get your Credit Score, you have to go to the source....and their are only three.

  1. Experian
  2. Equifax
  3. And Trans Union

Each Lender in the U.S. has an existing contract with one of these three Credit Reporting Agencies.  When you're trying to get a loan, credit credit or even insurance, the Lender will request a Credit Report and Score from one of those companies.  The problem with that is, you don't know which Company the lender is using.

My suggestion is this - you don't need the info from all three.  One is good enough.  I recommend using Trans Union because they use a very strict scoring model.  If the Lender you end-up working with uses one of the other two companies, you're in good shape because your Credit Score will actually be higher.

Will it cost a few dollars to get this info?  Absolutely - the last time I checked it was $14.95.  Is it worth it?  In my opinion, yes.  Because if you have Bad Credit and need a car loan, having this information will more than likely save you a minimum of $500 before you sign your Loan Contracts for the car you're needing.

I'll show you how and why you'll save $500 as you review the Credit Grading Systems below!  So make sure you get the info you need by visiting Trans Union.

Although there are exceptions that vary by region, the guidelines below are generally what Lenders use to "grade" your credit history and ultimately set your Interest Rates.

If you don't plan on getting your Credit Score and you're not sure on your exact score, begin at Tier 2.



Credit Scores & Car Loans: What Are Your Real Options


Here are the 5 recognized credit scoring Tiers and what your real options are for each situation.




Tom O'Leary is an Automotive Portfolio Analyst, Author and has been called a modern-day "Robin Hood" for his efforts in helping the Automotive Consumer.



Bad Credit New & Used Car Loans

Best Pick for  2006 - 2007*














home :: auto loans guide :: auto purchase research guide :: bad credit auto loans advice :: buy a new car :: buying a new car :: car buying online :: live deal online auctions :: car dealers scams :: cardonations :: car lease terms :: lease or buy :: auto lease payments :: used truck prices :: car lease shopping checklist :: used truck dealers :: car lease faqs :: auto lease contracts part 1 :: used truck sales :: auto lease contracts part 2 :: blank auto lease contract :: buy used cars :: what happens on delivery day :: car insurance guide :: car insurance quotes :: driving records :: gap insurance :: cheap-auto insurance :: sell my car part 1 :: sell my car part 2 :: auto bill of sale :: beware used car sales :: sell used car form :: bogus one-time truck sales :: auto & truck trade-in values :: used car prices :: new car purchase selection guide :: used truck loans :: test drive :: car dealers :: buying a car :: new car purchase pricing guide :: sell used car :: new car prices :: find used car dealers fast :: get more than the used car history :: new car quotes :: how to get the cheapest car insurance rates :: thefour best car insurance companies In The U.S. :: new car pricing organizer :: car accessories :: used cars bible :: discount tires :: car care guide :: car audio :: carrims :: auto parts :: the trucks, pickups & 4X4's bible :: free credit repair guide :: truck accessories :: truck parts :: truck tires :: truck tool boxes :: truck prices :: truck caps :: truck bed covers :: truck bed liners :: trucks for sale :: suv bible :: suv accessories :: suv tires :: top 4 choices for car & truck financing :: ebay auto parts auction :: save on your auto parts :: ebay motors guide :: used trucks bible :: ebay motors auto auctions :: ebay luxury auto auctions :: auto warranty guide :: best used car warranties :: auto purchase and delivery :: car dealers and fees :: dmv web sites :: your guide to a new or used car, van, truck or suv :: new car purchase blog :: affordable car seat covers :: guide to car leases :: guide to online auctions :: car rebates guide :: guide to new car loans :: new car sales :: nhtsa :: cars for sale :: personal credit reports :: lowest rates on used car loans :: pricing advice for large retail items :: temp tags and other problems




Copyright TS & Associates Publishing - My New Car Purchase.com - All Rights Reserved 2002-2007

Privacy Promise

By using this web site and related services, you accept the terms of our visitor agreement.

Text diplayed when image unavailable