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Increased Incentives Could Equal Increased Subprime Auto Loans

Kelley Blue Book (KBB) is predicting an increase in incentive offers from all major automakers in the United States. The lower selling prices that will result from these incentives should allow more buyers with poor credit to get approved for new car loans. How is that, you may ask. Subprime auto loans are often only […]

Documents To Have On Hand When Applying For Second Chance Auto Loans

Lenders who specialize in subprime auto loans will admit that they require more paperwork and documentation than traditional lending institutions. These extra documents, call stipulations, usually include a reference sheet. Typically, you will need six references. These references can be family, friends, or work acquaintances. In addition to their name, you will have to furnish […]

Tips For Finding A Subprime Auto Loan

Having subprime credit is not the onus it once was. The recent financial crisis sent a number of stellar credit scores south as job loss or pay cuts made old payments newly unaffordable. Getting a subprime auto loan may be the only way to head back in the right direction, but it can also be […]