Buying a Car With No Credit History: What You Need To Know
If you're looking to buy a car but don't have any credit history, there are a few things you need to know. For starters, you'll likely need to bring a larger down payment to the table. You may also have to pay a higher interest rate on your loan.
That said, it's still possible to get a car loan with no credit history. You'll just need to do your homework and shop around for the best deal. Here are a few tips to help you get started:
1. Check your credit report for errors. This is the first step you should take before applying for any type of loan. Errors can artificially lower your credit score, making it harder to qualify for a good interest rate.
2. Shop around for the best deal. Don't just go with the first lender that approves your loan application.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of the debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706