Description of service
The service was for a loan from the auto dealer where I chose to purchase my vehicle; I needed to get my car from a place that would garuntee financing since I have really terrible credit.
Review of Service
The service at the dealership was very nice; they were very polite and so on.
The interest rate is terrible; this is why they are able to say that anyone will be approved- what they don't tell you is that you may be approved but at an incredibly high interest rate.
This is acceptable though, since they were honest about the rate and why it was that high. Unfortunately I do not qualify for a better rate in any other way since my credit is so bad. I need a car for my job though, and with financial obligations.... I felt stuck taking this rate.
A big positive is that if I choose to buy another car, I will be able to negotiate a better rate from this dealer or from anyone else since I have taken this loan and paid it back on time, improving my credit record.
Tips
keep your credit record good!
shop around for best rate
don't be afraid to ask more about their rates, get them to justify and so on.
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