You Can Prepare for Bad Credit Auto Loans in St. Louis

May 24, 2016  

You Can Prepare for Bad Credit Auto Loans in St. Louis

If you must apply for bad credit auto loans in St. Louis because of a poor credit rating, it is a great idea to prepare your financial situation in advance, if possible. The staff at any dealership, although typically helpful and friendly, are unconcerned about why your credit is bad. What they do care about is your current ability to pay your loan each month.

Many dealerships are pleased to offer car financing with any credit rating. In order to secure the best used car deal possible, clean up your credit in the following ways:

  • Acquire a copy of your free yearly credit report from AnnualCreditReport.com (Experian, TransUnion and Equifax). Your FICO score report will cost a fee to obtain.
  • Closely look over your report to ensure its accuracy. Errors are quite common. If there are any mistakes, you must file a dispute with the credit bureau so that errors can be corrected. This does sometimes take a few weeks to complete but can definitely aid in increasing your credit score and allow you access to a better interest rate.
  • Applying for a secured credit card with a small debt ceiling and paying on it each month demonstrates your willingness and ability to responsibly pay your debts.
  • Take on a reasonable amount of additional debt to steadily rebuild your credit.
  • Look into credit counseling.

5 Star Auto Plaza can assist you in all aspects of bad credit auto loans in St. Louis. Call our experienced team today at (636)940-7600 to learn about our programs.

5Star auto plaza Review

5 Star Auto Plaza

5 Star Auto Plaza Review

  • St. Charles Used Cars

    Review Your DealerThey did me a great deal by working with  me on my trade in. I got into something I actually wanted and didn’t break the bank. Read More
  • St. Charles Used Cars

    Review Your Dealer5 Star Auto Plaza even won my husband over with their sales techniques. There was no high pressure tactics or belittling us. I was also impressed with all the clean cars and their selection. I would go back without hesitation. Read More
  • Chesterfield Used Cars

    Review Your DealerI made an appointment at 5 Star Auto Plaza. They showed me the car and gave me a test drive. They were  very friendly, courteous, and didn’t try to hard sell me. The car sold itself, yet they made the experience easy. Read More
  • St. Louis Used Cars

    Review Your DealerI found the gentlemen  I dealt with at 5 Start Auto Plaza quite respectful and seemed to really have my best interest at heart . My salesman really worked with me on picking out the perfect car for me. I appreciated the personalized approach he offered. Read More
  • O’Fallon Used Cars

    Review Your DealerDidn’t have to go through a big deal on getting a deal. I told them what I thought the car was worth and they worked with me to get me there. Read More
  • St. Peters Used Cars

    Review Your DealerI  wanted a new car for myself so I started checking out some cars online. I found a Lexus LS430 and decided it was the perfect car for me, I just needed to find the right priced one. I found one at 5 Star Auto Plaza, they worked within my budget and I got the car [...] Read More
  • St. Louis Used Cars

    Review Your DealerThey gave me a great price on my trade in and the overall price was very fair according to blue book. I am more than pleased with how the service was here. Read More
  • St. Charles Used Cars

    Review Your DealerFriendly faces and attitudes made all the difference for me from past experiences. They even detailed my suv upon delivery. Great experience. Read More
  • St Charles Used Cars

    Review Your DealerLast summer I purchased a F150  from these guys.  After looking at several local dealerships, I found 5 Star Auto Plaza had the best prices, they had honest sales people and a great selection.  My truck is a great, it runs perfectly and it we absolutely love it!   Read More
  • St. Louis Used Cars

    Review Your DealerRecently after filing for a bankruptcy, our SUV broke down so we need a new family car.  We were really concerned after being turned down by another local auto dealer and our bank for a car loan due to our lack of credit after the bankruptcy.  We were truly elated to find 5 Star Auto [...] Read More
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