Buying a new or pre-owned sedan, SUV, truck, or minivan can be a long 和 frustrating process. Finding the best vehicle to fit your budget 和 personal expectations takes time, 研究, 还有低息美高梅MGM娱乐, so many people turn to 信用合作社s to finance their used or new vehicle purchases. 信用合作社提供便利, 快速获得美高梅MGM娱乐的方法, even for those with lower 信用评分s or little to no credit history.
尽管汽车销量 由于持续的供应，2021年将减少 链条问题，不止 39 million pre-owned 和 14 million new vehicles 去年在美国买了多少, even amidst travel restrictions 和 COVID-19 shutdowns across the nation.
Credit unions are great places to go for 美高梅MGM娱乐s if you have 可怜的 credit or little to no credit history. 目前有超过 5000个信用合作社 在整个美国，与 203 位于德克萨斯州.
你当地的 信用合作社 may provide extra vehicle protection features to members at significantly lower rates than banks, 如多屏蔽覆盖, 延长保修, 残障保险, 和 保险的差距. Credit unions may even offer smaller loans to purchase pre-owned vehicles to members. Many banks will only issue loans for newer vehicle purchases.
Not sure how to obtain an 美高梅MGM娱乐 when you have bad credit? 以下是如何开始:
在申请 美高梅MGM娱乐，检查你的信用记录. You can request a free copy of your credit report once per year from all three credit reporting bureaus: Equifax, TransUnion, 和益百利.
什么是一个 信用评分差 在申请美高梅MGM娱乐时? According to the credit reporting bureau Experian, a fair credit rating falls between 580 to 669, 而一个 可怜的 信用评分 介于300到579之间.
Your 信用合作社 will also examine your current income, 信用支付记录, 债信比, 信用记录长度, 以及任何未偿债务, 以前的破产, 或者收款账户.
It’s essential to set a realistic budget for your 美高梅MGM娱乐. Take into consideration the car’s total cost of ownership. Gas, tires, maintenance, parking expenses, vehicle taxes, 和 more can add up quickly. To determine how much you can afford to pay toward a 每月车辆, use a loan calculator to factor in the interest rate 和 length of your loan. Remember that even though a longer 美高梅MGM娱乐 may lead to lower monthly payments, 从长远来看，你会支付更多的利息.
虽然得到 pre-approved for a vehicle loan with 可怜的 credit 可能有点复杂, it will help you set a budget by giving you a general idea of how much you’re likely to receive 和 at what interest rate. Pre-approval can also speed up the buying process by helping you negotiate a lower price at car dealerships or with private sellers.
什么是预先批准? Pre-approval means that your bank or 信用合作社 has examined your credit rating 和 history — along with other personal information — to get an idea of the total loan amount 和 the interest rate you will likely receive.
TIP: When purchasing from an auto dealership, don’t let your salesperson know that you’re pre-approved until they give you the vehicle’s price. Dealerships often earn their profit from financing vehicle purchases at or above MSRP. Letting them know you’re already pre-approved may lower your chances of securing a better price.
批准前的快速事实:
Making a 首付 upfront can lower the overall cost of your 信用合作社 美高梅MGM娱乐. It also means you won’t have to borrow as much when purchasing your car. 然而, because the 信用合作社 takes on risk when issuing you a loan, not making a 首付 can lead to a higher interest rate.
你需要多少钱? 首付 be? Although it may not be possible for everyone, it’s recommended to put down at least 20% of the vehicle’s total price. For a used car, a 10% 首付 may suffice.
Don’t forget to factor in additional closing costs 和 fees required in Texas, 哪些被添加到 标准推定值(SPV) 在所有交通工具中:
买车的过程似乎令人望而生畏, especially if you have a low 信用评分 or little to no credit history.
.png){kind=logo}
