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The Top 4 Sources of Bad Credit  Auto Financing
 

The Top 4 Sources of Bad Credit Auto Financing

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Looking for a bad credit car loan? BadCreditChannel.com presents our editor's picks of the top 4 bad credit auto loan providers including Web2Cars, DriverLoans, DriveTime and Barnone.

Looking for a bad credit car loan? BadCreditChannel.com presents our editor's picks of the top 4 bad credit auto loan providers including Web2Cars, DriverLoans, DriveTime and Barnone.

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  • Top Rated Bad Credit Car Loan Companies presented by Bad Credit Channel

The Top 4 Sources of Bad Credit  Auto Financing The Top 4 Sources of Bad Credit Auto Financing Presentation Transcript

  • Bad Credit Auto Loans
    • The Top 4 Sources
    • of Bad Credit
    • Auto Financing
    • Updated January 27, 2008
    • Presented by BadCreditChannel.com
    • Bad Credit, Not Bad People
  • Web2Carz
    • Pros
      • All credit types are welcome including individuals with no credit, bad credit and/or bankruptcy.
      • Access to a large network of car dealers and lenders
      • New, used, and rent-to-own car programs
      • Site includes new and used car inventories
    • Cons
      • Relatively new company
  • BarNone
    • Pros
      • Fast, easy to complete online car loan application
      • Very large network of participating car dealers
      • BarNone is a well known, established company (As seen on TV)
      • Fast response
      • High rate of car loan approval
    • Cons
      • Some participating dealers do not work with individuals who have filed for bankruptcy in the past 7 years.
  • DriverLoans
    • Pros
      • ALL credit types welcome.
      • Bankruptcy’s OK
      • Nationwide network of affiliated car dealers specializing in subprime financing and second chance car programs
      • Fast response after submission of online application .
    • Cons
      • Minimum income required
      • To learn more visit the DriverLoans website .
  • DriveTime
    • Pros
      • Very high approval rate
      • In-house financing (buy here pay here model)
      • Work with individuals regardless of credit as long as minimum income standards are met
      • Accept online applications
    • Cons
      • Used cars only
      • Limited to dealer’s current inventory
      • Available only in the following states: AZ, GA, NM, TX, NC, FL, CO, CA, VA, NV. (See list of DriveTime locations )