If you are in Oregon’s largest city, Portland and in need of an automobile loan company look no further Car Loans of America has got you. If you are in need of a car loan but have a bad credit score or non-existent credit do not worry, Car Loans of America will fix you up nicely. Our Car Loans of America bad credit car loan is specifically for individuals with bad credit or none at all. In the magnificent city of Portland, you will definitely need to get around and with a bad credit score loan companies will be skeptical about giving out loans to you. Car Loans of America exists to reach out and help individuals within this credit bracket thus granting them the ability to live a hassle-free life.
Not being mobile in Portland can be really hard and frustrating especially when your place of work is distant from your home. Having a bad credit score in this context makes it difficult to find a credit company to even borrow money to purchase a car (car loan). At Car Loans of America, we render the premium car loan services in various parts of the country including Portland. We offer term friendly loans to individuals with bad credit scores at very low rates of interest to ensure that all customers are able to acquire a car to run their day to day activities swiftly despite their dwindling credit scores. At Car Loans of America, we study the financial stance of our clients and work closely with them to decipher the perfect auto loan package for them. We deal with customers who are trying to buy their first cars, renew or complete payments on their auto loans or even buy previously used cars. Our services are timely, efficient and centered on alleviating the burden of costs in car purchases.
WHY CAR LOANS OF AMERICA?
At Car Loans of America we go the extra mile to make sure each client that walks through our doors walks out smiling. We ensure that every client has equal opportunities in getting their bad credit car loans. We treat every client distinctively because of their diversity. Each client may have different needs or reservations concerning his/her credit situations, our job at Car Loans of America is to listen to the client intuitively and give him reassurance on our services and ultimately clear his/her doubts.
What distinguishes us from other credit companies is the fact that we are willing to grant loans to clients with bad credit scores at a remarkably low-interest rate. We are fully committed to go that extra mile for our clients so that they can acquire their own cars. We make the time to assess the credit situations of every client to design the best auto loan plan that will best suit his/her needs. The process is very quick as clients can apply for a bad credit car loan today and own their cars tomorrow.
CAR LOANS OF AMERICA BAD CREDIT CAR LOANS
What does a bad credit car loan mean at Car Loans of America. At Car Loans of America a bad credit car loan is easily a means of finances for a car given to clients who have bad credit scores. These finances could be a full loan or an auto loan. Full loans are given to purchase a car either brand new or previously used, auto loans are given to complete car payments. At Car Loans of America, our bad credit car loans means more than just giving loans to clients with bad credits to purchase cars, we are in the business of helping the clients to reduce some of the burdens carried by them. We also connect clients with registered car dealers and dealership companies who are ready to sell their cars to them.
Car Loans of America is set up in the city of Portland to help Portland residents get the best loan deals at the best rates all at terms that are very flexible and favorable to the clients. This, of course, is why we have an impressive clientele in the city of Portland. Having a bad credit score should not be a factor that causes the hindrance of clients to live comfortably in the city because at times the fault is not from the victim. Car Loans of America brings you the best opportunities and packages for getting loans for the car you need.
CAUSES OF BAD CREDIT
Bad credit is a reflection of the previous bad financial decisions made by the client. Bankruptcy, payment deficits, or even a layoff at work are the causative factors of a bad credit score. It is like a wave of financial stress for the client and most times most people do not recover from a bad credit score this is because the implications are very dire. The Credit Bureau of the United States of America is the institution charged with the responsibility of compilation of credit records and credit score calculations. All institutions retrieve all financial information concerning you have either made payments to or failed to make payments to. These include hospitals, banks, money lenders, credit companies, firms, and organizations. These Bureaus (Equifax, TransUnion, and Experian) use FICO to compute and calculate the scores, then it is recorded in your profile.
A bad credit score is anything below a 300 as credit scores range from 0-850. Individuals should always go through their records to ensure that no payment that was made has been omitted or misrepresented as this can taint ones credit score. If your credit score is below 300, then it can be established without a doubt that trying to get loans from money lenders with such a score must be very difficult. This is because companies now see you as a bad risk and refuse to loan you the requested money because they fear you will not be able to refund it. At Car Loans of America we do not discriminate clients based on their credit scores, we welcome all and tell them of our bad credit car loans which have very friendly rates and flexible terms all available within the city of Portland. Our bad credit car loans are very customer friendly and are finalized within a short period.
Now you must be curious as to how we can grant auto loans to clients with bad credit scores and still manage to be one of the leading credit companies in Portland. This is how.
HOW WE WORK WITH BAD CREDITS
First of all, this is our target audience. Being our target market means that we inculcate the habit of taking extra measures to consider other factors involved when offering a bad credit car loan to a client. Most credit companies are focused on your past and present financial state before you can be considered for a loan while others hike their interest rates when they find out you have a bad credit thus enabling you to basically run into more payment deficits if such a loan is taken from the client.
At Car Loans of America, we do not consider your credit score because we believe it should not be the determining factor when granting a loan. We consider more important factors like the current employment status of the client and his/her proof of income. This is now where we review the client’s proof of income to be certain that the client in question has a very stable income source. This is just a criteria that tells us at Car Loans of America that you have the opportunity and resources to reimburse the auto loans we grant when the time comes. This factor also affects our rate of interest.
But not to worry, Car Loans of America interest rates are always very fair if not cheap. We are not a company that gives no listening ear to the needs of a client, no we listen to their issues and fears when procuring auto loans and this is also why we make our terms and conditions to be very flexible, favorable and negotiable thus giving our clients that peace of mind when applying for our bad credit car loans. We have built a strong and impressive reputation in a small window of time since coming to Portland. In the event of reservations, one can have a look at our customer satisfaction ratings if one needs further reassurance before starting the application process.
With Car Loans of America, applying for a bad credit car loan or an auto loan is a very swift process. All you need to do as our prospective client is to follow a list of well-laid steps and in a few hours, you will be a proud car owner.
- Choose Your Car
This is the first thing a client needs to do when starting the application process. Choosing the type of car you want to buy will determine how much money you will be requested from us and at what interest rate and terms. Of course, several questions need answers when choosing the car you want. Questions like is this the car I want, will it serve its purpose, is it durable, what is its horsepower, what advantage does it have over other cars, considering my income will I be able to maintain it. And if it is a used car that you want to buy, you have to ask the dealer about its mileage, and if it requires any replacement of parts. At Car Loans of America, we are affiliated with several car dealers in Portland city who will gladly answer all your questions and ease your mind. This is done to prevent regret later.
- How To Fund It
After selecting your car, the next step is how you will fund it. Cars require fuel, maintenance, and servicing. At Car Loans of America you will not need to, at least not immediately. Some clients require full loans while others require to complete payments on their cars, whatever the case Car Loans of America will carry that burden so you will not need to. At Car Loans of America, we do not make use of the middleman or his services. We realize that loans get received faster when only two parties are involved and it is much safer that way, plus it deletes the cost of having to add him to our payroll.
After doing this, you can now formally start the application. Applying for a Car Loans of America bad credit car loan can be done on the internet via our website or by coming directly to our Portland office. Either way, you will need to fill out the application forms, have it submitted and approved and you will be driving your own car in a few hours. Applications take 24 hours to complete
OUR TERMS AND CONDITIONS
Every company requires a form of legal binding or agreement to facilitate the process of rendering services to the clients. At Car Loans of America this is what we call our terms and conditions and they are subdivided into two.
This refers to the interest added to the Principal on reimbursement and paid over a period of time depending on the agreed terms. At Car Loans of America, our interest rates are very low so you have nothing to worry about. Your APR will determine how much you will refund as Car Loans of America does not charge high-interest rates to clients with bad credit as other companies do
A loan term could either be short or long. Short term loans are refunded in small installments over a small time slot while long-term loans are refunded over a long period of time and in small installments. At Car Loans of America, every client is thoroughly educated on the two terms and are allowed to choose a term that he or she prefers.
In conclusion residents in Portland city are often burdened with the responsibility of buying cars especially if they possess a bad credit score or do not have the required funds. Car Loans of America was established to help clients that find themselves in this situation. With our bad credit car loans, you can easily acquire your own car and pay back at the lowest interest rates and at terms favorable to you.