Car shopping with bad credit can be a taxing endeavor.  The worst is that no one is ever really brought up with the idea of what to do when it comes to shopping for a car.  The best way to approach getting ready to getting an auto loan is the same as with any other major purchase, doing early leg work.

The best way to start is to begin months in advance.  The process is a lengthy one, not one that someone should expect to have finished in the weekend they start.  Begin with looking into your credit report.  Knowing what your credit score is is what will give you an advantage with dealing with auto loans.

Knowing what your credit score will let you know what credit tier you fall into to.  Anything less than a 619 score is considered subprime.

Another thing to make note of in the credit report is the risk factors.  Risk factors are described as anything from an old debt that went to a collection agency.

Edmunds views risk factors not as inherently negative or a road block to getting an auto loan.  If you take the steps in fixing these issues, it can be seen a positive in the fact that you are taking steps to improve your credit.

If you need help with financing, contact us at Bayside Chrysler Jeep Dodge.  We’ll work with you to find the right possible loan to suit your situation.  We love to say yes, you’re approved!  Like us on Facebook and follow us on Twitter to see our monthly news and special offers.