Financial institutions take defaulted credit very seriously; for a variety of logical reasons. While this makes it more difficult to find good auto financing with defaulted credit in St. Louis, buyers should not despair. At 5 Star Auto Plaza, we think and do things a little bit differently- dare we say better? –than the competition. It is our team’s goal to ensure that we find the right vehicle at the right price for each and every single customer that we interact with.

Everyone knows that having defaulted credit is a very, very bad thing. Many people do not fully understand exactly what it means to have defaulted credit however. Understanding these different credit terms assists buyers with making better informed decisions concerning their future credit expenditures; which is important.

Being in a state of defaulted credit basically means that the individual failed to inform their creditor(s) of their financial situation or intentions; in addition to having failed to pay a legally obligated debt. Obviously, this looks terrible on a credit history report; regardless of other financial activity.

At 5 Star Auto Plaza, we’re ready to work with you; regardless of the standing of your credit history. For more information on how to acquire reasonable auto financing with defaulted credit in St. Louis please contact us at (636)940-7600. You can also speak to a member of our staff about our selection of available vehicles and application process during regular business hours; Monday through Friday from 9am until 7pm, and 9am until 5pm on Saturday. Inquiries concerning any of the above can also be made via our contact us page on our site.