Thursday, June 21, 2012

Car Lots - No Money Down and No Credit Check

The good news is... There are legitimate opportunities available for you if you have bad credit and need a car loan without a down payment. While there are many scams online, you can find some real opportunities with lending networks that can help you get approved even with past repossessions, bankruptcies and foreclosures.


The bad news is... The only way that you're going to find car lots that offer no money down financing with no credit check, are going to be in your dreams. That's a very straightforward way of saying it, but it is the truth.


For whatever reason that you may be looking for car lots that offer no money down, no credit check financing, is most likely because you were not aware of the opportunities that are available to you through legitimate online lending sources. There are some reputable companies that can help you and offer you an approval that you might not otherwise be able to obtain locally.


The reason that there are no car lots that allow you to take car without any money invested or any credit history check is simply because that would open up the opportunity for fraud. That would create a situation where someone could come in with just a driver's license and walk away with a car. There are no buy here pay here car dealerships or even rental car companies that would allow you to take one of their vehicles without having some type of recourse to collect if you do not pay.

No comments:

Post a Comment