tag:blogger.com,1999:blog-29777096.post1697943791735992469..comments2024-03-26T14:17:31.841-04:00Comments on Earl Stewart On Cars: 100% GUARANTEED CREDIT APPROVAL BULL FEATHERS!Earl Stewarthttp://www.blogger.com/profile/11435950589034528205noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-29777096.post-41621600807805787812015-09-21T18:58:14.887-04:002015-09-21T18:58:14.887-04:00Well I guess if I were as uneducated as the author...Well I guess if I were as uneducated as the author of this article on the fact of Guaranteed Credit Approval then I would write an article claiming the same, but in fact his interpretation of his beliefs is far from the truth.<br /><br />Yes, there are many unscrupulous dealer out there that have yo-yo tactics or spot delivery to call you back days later and ask for more money down or tell you it can't be done. On the other hand there are reputable and really great companies that will help you get into a car and will loan money to you even with terrible credit.<br /><br />First you have to understand your credit, and you can do this by pulling your credit report and looking for accurate and inaccurate information. <br /><br />If there is inaccurate info then write to the credit bureau and ask for a review, they then have a 90 day period to go to the creditor and the creditor has to prove or remove the filing. <br /><br />If the information is correct and is not very attractive then you as the person controlling your finances need to take ownership of your troubles and expect there will be a rebuilding process and nothing is overnight. (Your credit didn't get there overnight and it wont rebound overnight either.) It doesn't mean it is the end of the world, but you may end up paying a higher interest rate on your next loan in order to rebuild your credit and get to a place where you can borrow from banks as a prime customer again.<br /><br />There are banks that work with local dealers to help credit challenge customers and offer guaranteed credit approval, this doesn't mean you can go into the dealership and pick out any vehicle and purchase it on the spot, it means there will be a process and most times restrictions on the vehicles available to you. Understand this doesn't mean that you will be driving the junker that has been sitting behind the fence and would be better off in the scrap yard. It means you may have to purchase a vehicle that fits you needs not your wants.<br /><br />There are two main companies that work with dealers and help customers with struggles in there credit history to reestablish and purchase a new vehicle. Understand again you will have to put some money down usually 10% of the purchase price, but that is typical with most banks unless your credit is near perfect.<br /><br />The two companies that will help you find a dealer near you and will help you get funding for a new vehicle are as follows. <br /><br />www.creditacceptance.com<br /><br />www.westlakefinancial.com<br /><br />I understand the public being weary of claims of getting a guarantee especially when it comes to dealing with car dealer that have been know to take advantage of customers, but just like any business in any industry there are good and bad businesses.<br /><br />I also feel we should be cautious of the press reporting or using there social media outlets to voice their opinion based in opinion not fact.<br /><br />Make the decision for yourself, and know that there are still good people looking to help all levels and citizens of this great world.<br /><br />Make it a Great Day, because it is yours. <br /><br />~N~<br /><br />Anonymousnoreply@blogger.com