Ohio Credit Express

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Credit Cards For All Types Of Credit

Ohio Credit Express - Bad Credit Auto Loans Bankruptcies, Repo's, and Foreclosures are Ok! "Helping People Across America Rebuild Their Credit"

Car Financing For Any Credit Situation

Ohio Credit Express works with top National Lenders who are
interested in helping good people get the Auto Loans they deserve.

Our Lenders have closed billions of dollars in bad credit and good credit car loans for people with
special finance needs and auto loans with bankruptcy.

Ohio Credit Express is ready to show you how to get that car, truck
or suv you've been wanting. Really bad credit or no credit is not a problem

All of our bad credit car loan options are used for buying new or used vehicles from Select auto

We provide car loans for people with bad credit who need a little extra help when it comes to auto
financing. Used car loans can usually be obtained the same day or overnight in less than 24 hours.

Ohio Credit Express is here to help you get a bad credit auto loan

You don't have to settle for a cheap high mileage bad used car, truck, or suv from a buy here pay
here lot with in house financing just because you have poor credit, a previous bankruptcy, or you've been turned down for auto financing from one of the major manufacturers financing arms such as Ford, Honda, Chrysler, Toyota, or GMAC.

Get your used car loan pre approved today and let us open the door to your financial freedom.

Getting a Car Loan even with Bad Credit

Getting a car loan with bad credit isn't as traumatic as many people make it out to be. With a little knowledge and the right lender, you can get a car loan with a fair interest rate even with bad credit.

While there are certainly car loan programs for those with bad credit, they aren't all in your best interest.

We have done the research for you so that you can choose from the most reputable and
consumer-driven lenders available. Lenders who specialize in helping you get a car loan even with bad credit.

Even if you have been turned down in the past when applying for a car loan with bad credit, this
doesn't mean you won't be approved through our network of lenders. Before you prejudge your credit
score, let those in the business help you get approved for that new set of wheels.

Simply complete a car loan application in most cases you'll receive an approval within 24 hours!
They are sensitive to people in your same situation and understand that trying to get a car loan with bad credit doesn't mean you're irresponsible.
Whether you are looking for a primary or secondary vehicle, these lenders specialize in sub-prime and poor credit lending so you can be assured that their competitive interest rates and easy terms can help you get out from under the bad credit blues.

In today’s economic environment it’s not hard to see why
people are struggling with their monthly bills and obligations.
Layoffs, business shutdowns and downsizing can spell financial
disaster for most people, in particular families who depend on 2
incomes to make ends meet. With incomes falling it becomes
very easy for monthly car, mortgage or credit card payments to
fall behind. One late or missed monthly payment can drop your
credit scores 10, 20, 30 or more points! The lower your credit
score the harder it becomes to obtain financing for the items
you need such as car loans.

Bad Credit Auto Loans in one form or another have been
around for over 40 years. In the past bad credit car loans were
not that common, but with the increase of bankruptcies in the
last 10 years they have become very common place. I obtain
bad credit auto loans for people who have had repo’s,
foreclosures and bankruptcies.

I meet a lot of people who think because they have gone
through repo’s, foreclosures and bankruptcies that they can’t
get an auto loan or that the interest rate will be extremely high.
This is simply not the case. Bad credit auto loan lenders make
loans based on risk. That is to say the rates and terms in most
cases can be improved with good down payments and smaller

If you are trying to get an auto loan and have had credit issues
here are a few tips.

1. Have a down payment. If you have had credit issues the
lender is going to want to see some kind of commitment from
you so they are not the only ones taking a risk.

2. Be realistic about how much car you are trying to purchase.
For example if your gross income (before taxes) is $2000 a
month your monthly car payment should not exceed 15% of that
amount which in this example would be $300.00 a month.

3. Make sure that all of your monthly bills including your car
payment does not exceed 40% of your total income. For
example $2000 a month income before taxes = $800 a month in
total bills including your car payment.

Want to know more about how credit works?

Before we get into how to get a bankruptcy auto loan we need to look at
the different types of bankruptcies a person would file to get debt relief.

Chapter 7 - This type of bankruptcy allows a person to eliminate their
responsibility for repayment of their debts public and private to secured
and unsecured creditors. There is a common misconception that many
people have perhaps due to advertising by some attorneys that their
credit report is going to be wiped clean after the bankruptcy is
discaharged. This is not true. Your credit report will show all those
discharged debts as well as the bankruptcy for 10 years.

In this type of bankruptcy you have the option of reaffirming on any debt
you that you would like to continue paying. Some examples of debts
people reaffirm on are mortgages and car loans. Make sure before you
reaffirm on either of these type of debts that you are not in a negative
equity position ( that you owe more on the house or car than what it’s

Chapter 13 - This is a debt repayment plan managed by a bankruptcy
trustee appointed by the court. Your debts are repaid according to the
agreement reached between you and your creditors. In order to get any
credit while you are in a chapter 13 you must get a letter of exception.
This letter of exception allows you to aquire more debt and it also
prevents this new debt from being included in the bankruptcy.

Before you go shopping make sure you gather up the following items: 1.
Your most current paystub, if you’re self employed or on a fixed income
3 months of current and complete bank statements showing this income
being deposited into your account. 2. Valid drivers license. 3. Current
phone or utility bill. 4. At least 7 personal references with complete
names, addresses, and phone numbers. These are used by the lenders
in the event you stop paying on your loan and can’t be contacted.
Determine the type of vehicle you need and decide if it is a practical
choice. Don’t try to get your dream vehicle. These bankruptcy auto
loans are designed to get you into a vehicle you can afford and re
establish your credit. <

Once you have all your documents together complete the following

1. Have a down payment. If you have had credit issues the lender is
going to want to see some kind of commitment from you so they are not
the only ones taking a risk.

2. Be realistic about how much car you are trying to purchase. For
example if your gross income (before taxes) is $2000 a month your
monthly car payment should not exceed 15% of that amount which in
this example would be $300.00 a month.

3. Make sure that all of your monthly bills including your car payment
does not exceed 40% of your total income. For example $2000 a month
income before taxes = $800 a month in total bills including your car

You need to understand that you are going to have to pay a higher rate
of interest because you represent a greater risk to the lender. A 17%
interest rate or higher is not uncommon.

Now that you know what type of vehicle you want and what kind of
payment you can afford you are ready to go shopping.

Once you have selected a vehicle I recommend you include the
following items in your car loan:

Entended Warranty - This is critical to protect you from unexpected
repair costs that may affect your ability to pay your loan.

Gap Insurance - In the event you total out your vehicle this insurance
will pay the difference between what you owe on your vehicle and what
the insurance company will pay including your deductible.