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Most people need a vehicle, but it may surprise you how challenging it can be to get one when you start looking — especially if your credit score isn’t up to par. And with the average SUV generally costing more than cars, it’s even more important for shoppers to secure affordable financing. Guaranteed auto loans seek to change the traditional auto buying process by getting people the vehicles they want without taking a negative credit score into consideration.

What is a Guaranteed Auto Loan?

Guaranteed auto loans make you eligible to get financing for a new or used vehicle, regardless of your credit history, credit score, and other financial marks against you. Whether you have no credit or bad credit, a guaranteed auto loan can still help you get the vehicle you want and need.

Guaranteed auto loans differ from traditional loans, which require a lender to check your credit score to determine if you’re someone they want to lend money to. 

Guaranteed auto financing does not require anyone to run your credit check. Instead, the “lender” is your car dealership. The dealership gives you an offer that details the payments and frequency of payments for your vehicle, and you’ll pay that amount right to the dealership. This is also known as “buy here, pay here” financing.

Buy here, pay here dealerships often set a bi-weekly or weekly payment schedule to help you stay on track as you pay back your loan. Weekly and bi-weekly payments are most common in these situations.

Benefits of Guaranteed Auto Loans and Flexible Financing

With the many benefits a guaranteed auto loan provides, you’d get a quicker answer asking about the cons of these loans rather than their benefits! When you choose guaranteed auto financing, you get:

• Bad credit financing: As mentioned, guaranteed auto loans don’t take your credit score or history into consideration. Whether you’ve had a negative credit past or haven’t yet built up credit, you shouldn’t get marks against you when you want to buy an SUV. Guaranteed auto loans move past the stigma of bad credit and get you into the vehicle you want.

• Flexible payments and payment scheduling: Guaranteed auto loans come with flexible payment options, such as paying weekly, bi-weekly, or monthly, to work around your income.

• Credit reporting: When you choose Car-N-Credit, you’ll get regular reporting to the TransUnion credit bureau to help your credit score rise with timely payments.

• Simple financing process: There are no hoops to go through when you choose a guaranteed auto loan. Just let us know what you’re looking for and what you can afford, and we’ll help you find the SUV that works.

• Online applications: Start your financing application on our website without committing to anything. We’ll contact you with more information and can get the process started as soon as you’re ready.
• A personal experience with your dealership: When you choose to finance through Car-N-Credit, you’ll make all payments through us, allowing us to build a personal relationship that you often won’t find at larger dealerships. 

How to Get a Guaranteed Auto Loan for Your SUV from Car-N-Credit

To begin the financing process through Car-N-Credit, you can submit an online form with your basic information to help us know more about you and your financing needs. You can also give us a call or stop in, and we’ll be happy to assist you. Submitting our form won’t lock you into an obligation or negatively affect your credit score.

Get Financing That Works for You

If you’re ready to buy a vehicle, Car-N-Credit is ready to help with a guaranteed auto loan. We work with people with all types of credit histories and scores, and we want to work with you, too. If you’re within a 60-mile radius of our dealership, we can get you the financing you need for your vehicle. Stop into our Piqua, Ohio dealership or give us a call at (937) 773-0895 to see what we can do for you.