Are you a first-time car buyer? Chances are, you may not have any credit background to present to the dealership. Of course, everyone must start building credit somewhere. Not only that, but a vehicle is required for most commuters. So, what do you do in this situation? We recommend applying for a car loan at U.S. Auto Sales.
No credit car loans are specifically designed for buyers with minimal or no credit. Instead of only basing the rates off the borrower’s credit history, the lender will also review other important information about the customer to make sure that they can afford the loan. This includes income, employment history and status, and proof of residence. Most shoppers that apply for a no credit car loan qualify for financing.
You may want to establish your credit before applying for a car loan. Perhaps you wish to build your credit with your no credit car loan. Regardless of how you approach the process, you may want to consider the following few tips to help your credit score grow:
U.S. Auto Sales, along with our affiliated finance company, works hard to help a large variety of shoppers finance their vehicle, including first-time car buyers who may not have any credit. Get in touch with our financing team to get pre-qualified for a no credit auto loan with us. If you have questions, don’t hesitate to ask. We’re happy to help!