so recently ive been looking to get a car and i put in an application at auto credit express online and a day later some one from elmore toyota told me i was approved for a 10,000 dollar auto loan with a 2000 dollar down payment my credit isn’t good so im a little apprehensive but its the actual toyota so what the catch because i put in a credit application there before and was denied has anyone went through the website www.autocreditexpress.com
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Wait untill you see the interest rates and all the other things they will want to seal the deal.
You will end up paying $10,000 plus 18-29% Interest for a $5000 car with $2000 down.
They will outfit the car with a remote device and as soon as you miss a payment they will deactivate the car and if you don’t get current they will repo it.
autocreditexpress is either a lead generator or a lender or both.
As for why you were denied before, maybe your credit has improved or you have more time on the job or more down ?
Autocreditexpress.com is a legitimate site that will match you up with one of their affiliate dealers that will get you an auto loan even with bad credit. The dealerships will find a lender that will get you the financing you need. Your rate of interest will depend mainly on your credit score. Make sure your loan is manageable and use it as a means to reestablish your credit. Good luck.