Auto Loans

 

Auto Loans + Credit Card

Best offering – you get a secured card for $500.00 that cost you nothing up front

 

5 points to remember

 

  • You are introducing two very different types of credit to your credit bureau  revolving and installment credit.

  • You are creating the right type of credit that other creditors are looking for when processing your application for new credit , mortgage and lines of credit.

  • Gives you the cash you need when you need it

  • Converts to unsecured credit within 24 months or less

  • Quickest way to raise your credit score.

What We Offer

  • Review your credit.

  • Review your options for car loan.

  • Set the stage to get you approved.

  • Discuss interest rates.

  • Auto finance dos and don’ts.

  • Go over the terms and conditions.

  • Discuss the pros and cons of lease versus purchase.

  • Do the shopping for you to get you into a loan so that it does not impact your credit.

  • Going over a budget plan to set a payment for the car loan that you can afford.

  • Help you complete your pre- application for your car.

  • Talk about how to spend within your credit limit.

  • Discuss the dos and don’ts of credit card and the best way of using your card.

  • Help you complete your application for your credit card.

  • Align you with the right car dealer that is going to work with you and your credit rebuild.

  • Align you with an Insurance agent to get your car insured at the best rate.

  • 2 New items to report to your credit bureau
 
 

 

Auto Loans

6 Points to remember

  • Car loans are secured credit and report-able to the credit bureau.

  • Interest rates depending on how you get your financing vary and can make the difference between if you can afford the payment or not.

You may end up paying way too much!

  • Financing is based on year, km’s, type of vehicle and condition of the vehicle.

  • When trading in a vehicle the black book value, the remainder of what is owed on the lease or finance is called negative equity .

It is the fastest way to build credit because it is a instalment loan  

  • In 6 months your credit  re-build with the car loan is equivalent to the re-re build with a regular credit card  over a two year period why because it is and instalment loan with a balance that is continually lowering .

  • When you have a credit card that has a preset limit the higher the balance owed directly impacts your credit score each and every month but the opposite is true with a car loan that has a original high balance that carries month to month has a positive affect on your credit bureau with each reported payment.

What We Offer

  • Review your credit.

  • Review your options for car loan.

  • Set the stage to get you approved.

  • Discuss interest rates.

  • Auto finance dos and don’ts.

  • Go over the terms and conditions.

  • Discuss the pros and cons of lease versus purchase.

  • Do the shopping for you to get you into a loan so that it does not impact your credit.

  • Going over a budget plan to set a payment for the car loan that you can afford.

  • Help you complete your pre application.

  • Align you with the right car dealer that is going to work with you and your credit rebuild.

  • Align you with an Insurance agent to get your car insured at the best rate.
  • 1 New item to report to your credit bureau

 

 
 

Don't pay more than you should.
Don't pay 25% interest because you have no choice.