Archive for Rebuild

Rebuild Credit After Bankruptcy with Auto Loans in Everett

BrokeBankruptcy always has a major effect on your credit score. If you’re looking to Rebuild Credit After Bankruptcy with Auto Loans in Everett, then Bayside Auto sales can help you find the loan that can work for you.

Rebuild Credit Info

What many people don’t realize is that filing for Bankruptcy–whether Chapter 13 or Chapter 7 bankruptcy–is often used as a way to keep your credit from getting worse and allow you a chance to try again. Chapter 7 bankruptcy is a full liquidation designed to wipe out all of your debts and sell your property in order to pay back creditors. Chapter 13 bankruptcy is designed for debtors who have access to a regular income, and can be more beneficial to debtors. The party filing is able to keep all assets, and promises to pay back debs through a negotiated payment plan.

Either form of bankruptcy will drop your credit score down several points, to the point where it’ll be considered “subprime”. If that’s the case, it might be difficult to get a loan again–especially if your car was taken in order to help repay your creditors. Luckily, special business exist to help you Rebuild Credit After Bankruptcy with Auto Loans in Everett.

See Us to Rebuild Credit After Bankruptcy with Auto Loans in Everett

When you file for a special subprime auto loan, you may encounter different interest rates and a different down payment requirements than you may remember. Many subprime loans have larger interest rates and minimum down payments in order to protect the creditors. However, you will be able to work with the agency to make sure that the loan repayment plan fits into your budget.

Any loan repayment will allow you to Rebuild Credit After Bankruptcy with Auto Loans in Everett. Bankruptcy will remain on your credit report for up to ten years, but you can make your credit look steadily better by repaying the debt. As long as you make your minimum payments every month, you will be on your way to rebuilding your credit.

Bayside Auto Sales offers the best options allowing you to Rebuild Credit After Bankruptcy with Auto Loans in Everett. You can call us at 425-267-9777 to set up an appointment, or use our inventory to find which cars you can buy with our special subprime auto loans. Bayside Auto Sales can help you get your credit going in the right direction. Get in touch with us today.

© Copyright Content Motive, 2015.
All Rights Reserved. | Automotive content by Content Motive

The post Rebuild Credit After Bankruptcy with Auto Loans in Everett appeared first on Bayside Auto Sales Blog.

Rebuild Your Credit with Car Financing in Everett

keys of new carIf you want to improve your FICO credit score but don’t know how, a car loan can help. You can Rebuild Your Credit with Car Financing in Everett through financing from Bayside Auto Sales, one of the leading providers of finance solutions for auto buyers.

Rebuild Your Credit Info

One of the best parts of working to Rebuild Your Credit with Car Financing in Everett is that your lending agency will actively work with you to create a payment plan that will work well for you, especially if you try to avoid early-payment penalties (since paying off a loan as soon as possible not only lowers your interest payments but will also look very good on your credit score).

An auto loan is something called an “payment loan”, meaning that a set amount is paid back in payments (with interest). If you have both payment loans and revolving loans–that is, credit card loans–on your credit history, it makes you more attractive to lenders. It’s a good idea to have a mix of both, which is why getting an auto loan is a great way to Rebuild Your Credit with Car Financing in Everett.

Apply to Rebuild Your Credit with Car Financing in Everett

In addition to getting an auto loan to purchase a car, leasing your next automobile can help build your credit score too. While a lease may not look as good on your credit score as an auto loan at first, a history of reliable payment on your lease will help your history improve. It’s another way to Rebuild Your Credit with Car Financing in Everett, and doesn’t necessarily involve purchasing a car, if you don’t think that you are at that stage.

Consistency is the most important thing to keep in mind while you build your credit score. As long as you make at least the minimum payment of your loan on time every month, you can expect to see your score steadily increase. overtime, you’ll have some of the best credit and be able to qualify for lower interest rates.

Bayside Auto Sales is a reliable company who specializes in helping people build credit through great auto financing. With our team of savvy agents and our inventory of high-quality used cars, you won’t have to worry about finding car financing again. Give us a call to set up an appointment, or just visit our dealership’s location at 9815 Evergreen Way in Everett.

© Copyright Content Motive, 2015.
All Rights Reserved. | Quality dealer content by Content Motive

The post Rebuild Your Credit with Car Financing in Everett appeared first on Bayside Auto Sales Blog.