Whether you have filed bankruptcy recently or even a long time ago, it is evident that this can adversely affect your credit history. Convincing a bank or other lender can be rather challenging, especially when looking to buy a home or a vehicle. You may be surprised to realize that you can purchase a car if you do your homework and you can find a dealership that considers you worth the credit risk. To start the process for buying a used car, consider auto loans after bankruptcy in Seattle / King County by following these 4 guidelines:
- Determine how much you have to spend. Subtract your expenses from your paycheck averaged over a month’s time. The money left over is the most that you can afford for a car payment, vehicle maintenance, fuel and various fees.
- Gather as much money as you can for a down payment. This effort on your part looks good to a dealer who is considering you for a car loan. It can also save you money over the term of the loan.
- Request a copy of your credit score and credit report. Correct any errors as quickly as you can to raise your score.
- Choose a dependable dealership by getting recommendations from friends and online.
Carson Cars has long been viewed as an equitable and affordable dealership. We have a sales staff who will be happy to guide you through vehicle selection and financing. Call the pros today at (855)583-9356 for auto loans after bankruptcy in Seattle / King County.