Auto Credit USA

FAQ

    • How do I know if I can qualify for a loan to purchase a vehicle?
    • Will buying from Autocredit USA really help re-establish my credit?
    • What are the benefits of using Autocredit USA over a new car dealership?
    • How much can I be approved for?
    • Will I need a co-signer?
    • Does it cost to submit a credit application?
    • How big a down payment do I need?

How do I know if I can qualify for a loan to purchase a vehicle?
First of all, you need to have a job that can be verified, and not be currently involved in a bankruptcy. You will need to present a valid driver’s license, 3 of your most recent paycheck stubs, a paid phone or utility bill, six references and a cash down payment. With all these, you can drive away in about an hour.

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Will buying from AUTOCREDIT USA really help re-establish my credit?
With the help of our local lender, GCAC, we can definitely help you establish or rebuild your credit as long as you meet your payment schedule. We report monthly to the Credit Bureau and your repayment promptness is always noted.

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What are the benefits of using AUTOCREDIT USA over a new car dealership?
Unfortunately, once a car dealership learns your credit is less than perfect, they may treat you differently. Most likely they will show you a limited selection of older cars, usually of lower quality, without consideration for what you really want. At Autocredit USA we listen to your wishes, determine what you need and can afford. Then we find the right car, at the right price, and the best way to get you qualified, approved and in the seat of something you REALLY want to drive!

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How much can I be approved for?
Our calculations are based on your income and all other financial obligations you may have. With that information we can determine a payment schedule that fits your particular circumstances. That may be weekly, bi-weekly or another plan. Remember, we want to help you any way we can.

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Will I need a co-signer?
Not necessarily. A co-signer with established credit would definitely help you get approved, but in most cases it is not necessary.

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Does it cost to submit a credit application?
Never. We gladly accept all credit aps, in person, online, or by phone. No one is ever flatly turned down without our salespeople exhausting every avenue to get you approved.

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How big a down payment do I need?
That depends on the price of the car and your existing credit score. A larger down payment will always improve your chances of obtaining approval sooner.

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