Car loan in Dallas
A vehicle is not just transportation. A lot of people believe their car is a representation of their personality. An exquisite design, power, and color are some of the reasons, which make people purchase cars. But, few working class people have the means to just walk into a car dealership and just write a check for a vehicle. Therefore, car loans are there to help you to purchase a car. However, not everyone has prefect credit. That is where we come in. We are justgetmeapproved.com and we help get people connected with lenders. Lenders that work with people that apply for a car loan in Dallas. Because lets face it, the big banks are not going to extend a loan to someone with bad credit any longer.
Run your credit report before applying for a car loan
There seems to be databases to remember just about everything you do anymore. However, people do data entry, and people make mistakes. Mistakes that seem innocent and harmless can damage your credit score. Someone could have entered an incorrect account number in their system and entered on your account a late payment. It isn’t also not uncommon for a person with a common name like Jose Torres to have other Jose’s info on their report. As a result of a data entry error. So, go online and pull your credit report for free and look at it. Don’t be afraid to question something that looks wrong. For example, if you have never opened a credit card with a certain store, but have an account in your name. Contact them and ask what that is all about. Removing any errors on your credit report will help you when you apply for your car loan.
Compare values of the vehicle you are looking to buy
If you think the dealership is going to give you “rock bottom pricing” you’re kidding yourself. They are confident people are going to walk on to their lot and find a car that looks nice. Take it out for a test drive. Then follow the sales person into their office and buy the car. Believing the sticker price is really what the car is worth. Don’t fall for this. Say you live in Dallas and at Honda they have a car you want. Before you drive right over and purchase it. See what Toyota has. You might find a comparable car is over there. After you have decided which car you want to buy. Do yourself a favor. Research online what the car is worth. Because of you being more informed you might show the sales person this info and save $400 on the price of the car.
The last step is applying online and selecting the lender
Because you will have checked out your credit report and researched what the car is worth. All that is left to do now is get approved for loan. This is where we don’t want all your hard work go to waste. If you go to a dealership and sit in the sales persons office. They want you to finance with them. The reason is they earn a commission on the loan in addition to the commission for selling you the car if you their in-house financing. Which is a huge mistake. See just like when you looked around at other dealerships for comparable cars. You need to do the same thing with your lender. Here is a link to a video explaining it. However, no one has the time to sit down and call a bunch of different lenders. So how can you get an idea of what interest rate you could get? Simple, just apply online with justgetmeapproved.com When you apply with us your loan information is securely sent to the network of lenders we work with. Some lenders might decide to pass on it. While others will want a chance to lend to you. By filling out our single online application. You get the benefit of several lenders contacting you telling you what they can do for you. When there is competition for your loan that helps keep the interest rate lower.
Unless you would rather be trapped in a sales person office. And be told by the finance manger in the other room what they are going give you for a rate. And you are stressed so you believe them when they say it’s the best rate you’re going to get. We help you remove that entire stressful step of the car buying process. With us is as simple as apply online, pick a lender. Then go get yourself a car! Apply online today!