Bayside Auto Sales Blog

Everett, WA Used Car Dealer Blog

Adverse Credit Auto Loans in Everett

Bad Credit Auto Loan Options near SeattleIf you need Adverse Credit Auto Loans in Everett, Bayside Auto Sales can help. We offer loans to people who have endured bankruptcy, loan default, repossession, and any other type of adverse credit situation.

The Basics of Adverse Credit

Your credit score can be damaged in a number of ways: default, repossession, foreclosure, and bankruptcy are some of the major ones, and stay on your credit history for up to seven years. Paying your bills late, or having too much credit used of your available credit (such as using up your credit card’s limit every month) can also give you trouble and make you look less attractive to lenders. If you’re lucky, it’s just a matter of timing—you simply applied for too many loans in a short amount of time, and your credit score dropped a bit with every inquiry. No matter what the reason, though, Adverse Credit Auto Loans in Everett are designed to get you back on your feet and into a good used car, even if you’ve been turned down before because of your credit score.

Convenient Auto Loans With Adverse Credit in Everett

Before you apply, get your three free credit reports from the major reporting bureaus. These can help you scope out any possible errors in your credit history, which could raise your score. Having a steady job or a positive bank statement can also help you when you go to apply for Adverse Credit Auto Loans in Everett. Applying for a pre-approved auto loan is also an option, and it gives you a better idea overall what kind of deal you can get, and what to expect. You can use the conditions of your pre-approved loan to help yourself shop for a car, then take it to a dealership to get your loan. Remember: shop for what you need, not your dream car—that can come later. Adverse credit auto loans have higher interest rate so that, if anything happens, the lender doesn’t lose as much money. However, a few years down the line, when your credit improves, you can refinance your loan and get a better interest rate.

Adverse Credit Auto Loans in Everett can help people who may have run into financial trouble before get a second chance. If you’re interested, call Bayside Auto Sales at 888-926-9853, and make an appointment. You can also come down to our dealership located at 9815 Evergreen Way in Everett, WA 98204. Our expansive inventory will allow you to find any used vehicle for your loan.