Helps individuals with bad credit get back on their feet and improve their credit score through auto financing approval.

1. All About Auto
Financing Approval
by Trillium Auto Group

2. Introduction
If you want to buy a new or used car, unless you are the
heir to a rich industrialist or have saved up a little fortune
over the years, you will need to get financing.
To improve your chances of approval, we have created this
small presentation that will briefly explain how auto
financing approval works. We will then show you some tips
you can use to your advantage.

3. How the Process Works
Auto financing is a way in which
an individual or company is able to buy a
car without having to pay the whole amount at
once. You can get financing through a bank or
any other type of lender who will analyze
your profile and decide whether they are willing
to take a risk and play middle-man between
you and the dealership.

4. Improve your Credit Score
If you want to get approved
and benefit from good interest rates,
you absolutely need to know what
your credit score is and to improve it if
it is in the red.
To better your score, stop using your
credit cards and use debits cards instead. You can also get a small
loan that you don’t particularly need just to pay it off. Another great
solution is to always pay a little more than the
required minimum for your credit card
reimbursements.

5. Save Cash
If possible, save up some cash so
that you are able to make a
down payment.
This will always drastically improve your
chances of approval and make you
seem less like a risk in the eyes of the
lender.

6. Online Applications
Online applications are great if
you are short on time and want
to receive a quick answer. It
only takes about 15 minutes to
fill in and you can sometimes
get your approval in under one
hour. This option works very
well too for people who cannot,
for one reason or another, move
out of their home or make time
to visit the company.

7. Pre-Approval
When you are shopping around for
loans, you will notice that some
financial institutions offer pre-approval
options. These allow you to speed
up the process of getting a car and allows
you to finalize the deal later.

8. Bad Credit Loans
What if, despite our tips, you still can’t get your credit score up?
Does it mean that you just have to forget about that car? Not
necessarily.
You can always look into bad credit car loans. To increase your
chances of being approved for one, come with some money for a
down payment or have a cosigner. The interest rates in these
cases, however, are higher than your usual auto
loan.

9. Conclusion
Whenever you look to buy a vehicle, either used or new, you
need to make sure that you have some bargaining power to first
obtain your loan and get the best rates possible.

10. For more information about car loans and
how to secure one, check out our site at:
http://www.trilliumautogroup.com/why-us/