In search of a car that can be bought with monthly payments regardless of poor credit? Many dealerships need customers to get approved for an auto loan from a third party bank or investment company. Tote The Note Car Lots is the best place to find car lots in Connecticut which will offer you on-site financing, aka “we tote the note” car lots. These dealerships don’t require their patrons to have bank loans to purchase cars or trucks from them. Rather they offer financing directly. So they have greater capacity to work with individuals with a bad credit report.
Don’t wait to get your financing confirmed with a Tote the Note car lot in Connecticut. Go here to Get Pre-Approved For Auto Financing!
Such dealerships may be hard to recognize. You can often distinguish Tote the Note car dealerships in Connecticut if they endorse their business with slogans such as:
- Buy Here Pay Here (BHPH)
- Your Job is Your Credit
- We Finance Auto Dealerships
When you have been turned down one or more times previously, you should think about finding a seller providing Tote the Note cars. Such sellers frequently grant car loans of last resort for customers who have very low credit. How? A conventional dealer doesn’t really take on a consumer to get a loan for a car. Instead the dealer’s auto financing specialist works with lenders with whom they’ve partnered for getting a person financed. The finance company actually purchases the car. The new driver’s payments are paid to this finance company as opposed to the dealership. Not so with your Connecticut Tote the Note car lot. The dealer does actually work as the loan service, so they have command over credit approval. Yet like most programs for those that have to buy a car with damaged credit, there is a catch. Frequently Tote the Note financing rates are generally more than 10 percent and often move all the way to 20 to 30 percent if the person needs a car loan after foreclosure.
If you’ve been declined for a vehicle loan in the past, then Tote the Note dealers in Connecticut may very well be right for you.