Has a history of late payments been stopping you from buying a new automobile? Perhaps a bankruptcy, divorce or foreclosure has given you bad credit and made it impossible to acquire financing to purchase a new vehicle. Life sometimes throws people a curveball and temporally affects their ability to pay their financial responsibilities. From having property repossessed to making late payments, these factors decrease your credit score that lenders use to determine if they will loan you money. When you cannot secure financing, it can be a challenge to buy a vehicle even though you can afford the monthly payment. Fortunately, bad credit car loans in Cleveland, OH can give you a second chance and place you behind the wheel of a new vehicle.
How They Work
Bad credit car loans in Cleveland, OH are specifically designed for individuals that have a poor credit history. They are provided by lenders that specialize in bad credit and charge a higher interest rate on the loan. Each loan is set up to create affordable monthly payments that fit the individual’s monthly income. An advantage of securing this type of loan is the ability to reestablish your credit by making the payments on time to prove you are a responsible borrower.
Apply Today to Receive Financing
You do not have to let a history of late payments or a recent divorce stop you from purchasing that new car you need. Tradewinds Motor Center has access to numerous lenders that specialize in bad credit. They will work with you to find a lender to finance the funds that you need to buy a new vehicle. With a large inventory of used automobiles, they can assist you in finding the right car to keep you on the road.
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