Pitfalls to Avoid With Bad Credit Auto Loans

There are a few pitfalls to avoid with bad credit auto loans, some of which are listed here.

One of them is to avoid 100% Approval guarantees, because they are meaningless. Whilst they may sound good, it is used by some bad credit lenders use to convince you into entering into a contact with them. At Ezee Credit, we don’t offer them because 100% approvals are a meaningless promise.

This is because they typically require a large downpayment before you take delivery of the vehicle to reduce their risk. If you have lots of cash available to put down on the car up front, that's great. But in our experience, it’s not a realistic option for most people - especially those in need of a bad credit credit card loan.

Another thing to be careful of are credit inquiries, as they can hurt your credit score. More Inquiries is equal Less Favourable Terms.

Please use the Contact form on the right for Pitfalls to Avoid With Bad Credit Auto Loans information and ordering.