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Problems with Your Auto Loans? Check Out Used Car Buying Tips with Poor Credit in Arlington!

July 13, 2021  

roblems with Your Auto Loans? Check Out Used Car Buying Tips with Poor Credit in Arlington!

By definition, poor credit is considered any score from 300 to 579, and it can have massive effects on loans, finance deals, and payment plans. Even automotive decisions can be affected by bad credit rankings. However, not all hope is lost. This blog covers some used car buying tips with poor credit in Arlington.

Side note: While you work to elevate your credit score, there’s no reason you have to miss out on driving an affordable vehicle. However, it’s important to remember that the higher your credit rankings, the better your chances of getting better loans and financial plans in the future. This applies to anything from homes to cars and more, so be sure to make your credit score a priority.

Make a Significant Down Payment

Regardless of how you got it, poor credit can reflect poorly on your history of on-time payments. A significant down payment of at least 20-percent of a car’s total will help build trust between you and a dealership. For example, if a car is $12,000, try to put down at least $2,400 as a starter payment.

Ask Someone to Be a Cosigner

A cosigner should be someone you trust that trusts you in return. Their good credit history will balance out your poor credit history. It puts you and a cosigner in a partnership of making payments on time.

Tip: Be realistic with your expectations. Go with an affordable, nice used car that you can easily pay off with regular, on-time payments. This will also help you elevate your credit score.

Try CarSmart!

We at CarSmart are well aware that some unavoidable circumstances sometimes, like credit cards or student loans, could tank your credit score. Hopefully, these used car buying tips with poor credit in Arlington have helped you feel more secure and confident. Feel free to give us a call for more information at 888-292-8115.

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My experience was AMAZING! Da’antes customer service was unmatched! I totally appreciate everything went well thank you for assisting me with my purchase

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My daughter got her car from here so I wouldn’t get a car from them they ok if you don’t have credit they are nice people so if anyone looking to buy go there for building up credit

Ishmael and the entire team were beyond AMAZING!! Truly a gem!! A+ Champion service!!

Ismael is wonderful and the ENTIRE team! A+ CHAMPION SERVICE

The best car buying experience...when everyone said no they made it happen

I had the best and easiest experience today at Carsmart. Ismail and Daunte helped me get in a 2021 vehicle even with my repossession. These guys go the distance to get you in a car!! My son and his fiance came and they got a car too!! Come out to Carsmart, you'll be happy you did!!

Just wanted to say I am very pleased with the service I got today from MR. Haseeb & ismail & Daunte & Raeshawn they did everything in their power to help me leave today with my brand new 2021 Chevy trax. Couldn’t be any happier I will definitely recommend anyone to come to these awesome people thank you so much

Awesome service, everything was fast a east. I definitely recommend the service. S/o to D'aunte

The service at Carsmart is top notch. Even though I came in with not all my ducks in a row they got me out the door with a car that me and my spouse are happy with. And a special thanks to Raeshawn for all her help with the car buying process and my kids who ran her up a wall.