Guaranteed Approval Car Loans for First Time Buyers At The Most Affordable Rates

People with a good credit rating have no problems of getting a car loan approval, be it a bank, an institution or a lender. They qualify for the best car loans with the best interest rates from any car dealer as well. But if your credit scores are nowhere near the prerequisites of ?qualified buyers only? of some of the new car commercials on TV, does it mean you no longer qualify for car loan approval at all?
Auto Driver is the first choice among Americans of all the fifty states for offers of guaranteed car loans for new or used cars for people with good credit, bad credit, even with poor or no credit.

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There are many companies which especially address this growing segment of Americans, since banks have made tighter lending policies. Getting approved car financing has become progressively more difficult for the common masses. Car companies try to help as much as they can since car sales have dropped to all time lows and moving those cars to keep the auto industry healthy is of the utmost importance. But if drivers cannot get car loan approvals the car dealerships cannot move inventory bringing about economic stagnation ? money does not move!

So if you have poor credit and you still want car loan approval, even in today's tough economic times, where do you look? A search at the dealership or through the auto manufacturers themselves or your local bank may leave you disappointed. A more non conventional source of car loans for people with any type of credit are also becoming increasingly common as competition in the auto industry increases. These lenders may offer pre approved auto loans at slightly higher rates depending on the lender. What they basically want to ascertain is whether you have a steady paying job and are able to make regular payments or not.

To get the best new car loan rate, get copies of your credit report from each of the credit bureau reporting agencies. Go over it minutely and search out any items that may be decreasing your credit rating, then have a clarification ready. Emphasize the more recent tendency towards keeping your credit score in good shape. You would be surprised to find that lenders are amenable to your explanations and agree on giving you used auto financing. Set a realistic budget and choose a car that you can afford, a fast loan approval could have you drive that new car quicker than you can think!