Even with public transportation available, having your own car in Surrey makes things much easier. You can run a quick errand, drop the kids off at soccer practice or make a late night run for ice cream without depending on the bus or train schedule. But buying a car when you have bad credit can be difficult. That is why you need bad credit loans Surrey residents have depended on for years. Regardless of your credit history, we can find you a loan that fits your needs and get you behind the wheel of a car quickly.
Bad Credit Loans
There are any number of reasons why your credit is not as good as others. It could have been a sudden job loss that lowered your income temporarily so you got behind on your bills. Maybe you suffered an unexpected illness and medical bills have caused your credit score to drop. You might be just starting out so you have not been able to build a credit history yet. No matter what your reasons, we are here to help you get the financing you need.
If you have been turned down by a bank or finance company, it is important to understand that they have much stricter requirements for loan approval than we do. Many of the requirements at those types of lenders are one-size-fits-all with no regard to the circumstances that may have gotten you into the credit situation you are in right now. We don’t offer one-size-fits-all options. We take a look at the whole picture and create bad credit loans Surrey residents can fit into their budget.
One important tip before taking out bad credit loans Surrey residents recommend is to make sure the payments are affordable for your circumstances. One of the purposes of this type of loan is to help rebuild your credit by making on-time payments. Falling behind could make your credit situation first, so make sure that the loan terms meet your needs. The best thing is that we are able to create loan terms that may be better than traditional lenders. We can extend the loan longer so that you have a lower payment. Remember that longer terms mean you pay more interest over time, but if it keeps your payment within affordable range, it is worth the extra expense. We also allow you to apply online so you know what car you can afford before you even start shopping for a vehicle.
It can often take a bank or finance company a few days to approve a loan, even when you have good credit. We are able to provide you with instant approval so you can drive away in the car immediately. There is no down payment required, although a down payment will lower your monthly payment. However, we understand that not everyone has money stashed away to buy a new car, especially if the need to purchase is sudden, like after an accident or because yours has significant problems that cannot be repaired.
Contact us today to learn more about our bad credit loans Surrey area residents have trusted for years. You can learn more by visiting our website or contacting us by phone to see how we can help you get behind the wheel of a car today.