Jellyfish Cupcakes Blog

Do you know what your credit score is? You should if you’re shopping for a new car, whether it’s a sporty Mustang convertible or just a soccer mom grocery-getter.  After all, your credit score is the number 1 thing that affects whether you get approved for an auto loan, as well as how much you’ll pay in interest.

Once you find the vehicle you want, then you are ready to apply for a loan. There are a lot of loans today. There are loans for people with bot good and bad credit.  The latter are most usually extended directly from bad credit auto dealers who do financing “in house.”  Often these guys will require a hefty down payment in order to counterbalance the increased risk they assume by lending to people with poor credit histories.