Ideal
Car Loans - Questions
Question: Can I be approved for a car loan, even
though I have no prior credit?
Answer: Of course, having no credit doesn't mean
you will be denied car loan approval. There are many factors taken
into consideration, and credit is only a part of the approval
process. For many first time buyers there are numerous programs
to help you get started.
Question:
I have a newly divorced with a bankruptcy on my credit report.
Do you have special financing for people in my situation?
Answer: Yes, in fact, our special financing team
makes sure that you are getting the absolute lowest interest rate
for the vehicle you wish to finance. No matter what your circumstances
may be (bankrupcty, judgments, divorce, or bad credit), financing
is really not difficult when you are dealing with an experienced
special finance team who deal with bad credit car loans on a daily
basis.
Question: What is your online car loan application
fee?
Answer: You're in luck...there are no online
application fees here!
Question: What amount will be required for a
down payment?
Answer: Although many people have somewhat of
a down payment when they apply for car loans, it really depends
upon your specific financial situation. If you have no down payment,
don't be discouraged...you can make special arrangements for your
down payment where you might not even have to have anything upfront.
This is something you will want to discuss with the loan consultant.
Question: I have found a car that I would like
to purchase, but it is from an individual (not on a car lot),
are loans for this purpose available?
Answer: No, not at this time.
Question: I don't have alot of time, and need
a car fast, can I just be approved for a car loan over the phone?
Answer: Sorry, we cannot take car loan applications
by phone. We want to remind you that if you have just 3 minutes,
that is all the time you need to apply for a car loan online.
