Foreclosure can be tough. It can happen for many different reasons, but at the end of the day, it is typically because unfortunate events happen to good people. An unwanted side effect of foreclosure is the havoc it can wreak on a person’s credit report. Unfortunately, it can take up to seven years for a foreclosure to resolve on a person’s credit, making it extremely hard for them to secure other credit. Here at 5 Star Auto Plaza, we believe that everyone deserves reliable transportation, regardless of their credit history. Not only do we offer loans to those with foreclosure, we go a step further and offer a no down payment auto loan after foreclosure in St. Peters. When we say guaranteed approval, we mean it.

As a Buy Here Pay Here dealership, we are unlike other dealerships, especially when it comes to approving loan and credit applications. Other dealerships may promise approvals, but actually have no control over the outcome of their loan and credit applications, because they send them out to a third party. These larger corporations often just look at a credit score and deny an application out of hand, never getting to know the person. By adding a personal touch here at 5 Star, we are able to get many more people behind the wheel of a car of their choice.

A good way to secure a no down payment loan, however, is to have a trade-in. Bring in any type of vehicle in any type of condition to our lot, and receive a fair and reasonable estimate in minutes. A trade-in cannot only dissolve a down payment, it can also significantly lower monthly payments.

To learn more about a no down payment auto loan after foreclosure in St. Peters, stop by or call 5 Star Auto Plaza at (636)940-7600 to speak with a professional member of our staff.