Call Us Now At (800) 219-9935
  • Client Login
  • Affiliates
  • Español

The Credit RepairmenThe Credit Repairmen

  • Home
  • About Us
    • Core Values & Mission
    • FAQ
  • Services
    • Home Roadmap
    • Credit for Life
    • ID Theft Recovery & Protection
  • Financial Hacks & Pro Tips
  • #creditwoke
  • Testimonials
  • Blog
  • Contact
  • Home
  • Blog
  • Auto Loan
  • Want Affordable Auto Loans on Fast Cars? Get Furious About Fixing Your Credit and Start Today

Want Affordable Auto Loans on Fast Cars? Get Furious About Fixing Your Credit and Start Today

David Castillo
Monday, 24 April 2017 / Published in Auto Loan, Credit Building, Credit Tips

Want Affordable Auto Loans on Fast Cars? Get Furious About Fixing Your Credit and Start Today

If there’s one thing you can count on when you have good credit, are auto loans. And who doesn’t love the kind of fast and furious cars Vin Diesel pilots past tanks and submarines?

Granted, good credit is not the same as good income.

Nobody is selling you on the idea that good credit will allow you to afford the Lykan Hypersport that costs $3.4 million and comes with your choice of rubies or diamonds in the its headlights, along with gold stitching across the seats.

Yes, you read wikipedia right. This thing goes 0 to 60 in 2.8 seconds.

(Source)

Even a lawyer’s salary won’t buy you the Hypersport. Unless you’re a cop in Abu Dhabi. Then you’ve got a chance.

But for everyone else, buying the car of your dreams requires diligence, a game plan, and thrifty financing.

Don’t underestimate how much bad credit costs you when it comes to auto loans. None of us want to do math in our spare time, but let’s do some critical “how these numbers affect you” math anyway.

Let’s say you want to live out the dream of being Dominic Toretto, and you saw that 1970 Dodge Charger on ebay that looks good-credit affordable.

You probably can’t outrun a submarine with this thing like Vin, but it still goes really fast and looks really nice.

(Source)

If you were to ask for a $25,000 auto loan, a credit score of 580 will mean higher interest, which means more money out of your wallet per month. With an interest rate of, say, 19%, that’s $584 a month.

Conversely, that same $25,000 auto loan with a credit score of 720 (which is just above the national average) will mean an interest rate of around 2.9%. Which means $379 per month.

A payment of $584 versus $379 per month adds up. It’s hard to calculate what we save, but that’s what the credit repairmen are for. Over the course of this auto loan, the difference between good credit (720) and bad credit (580) is $14,810!

How much is good credit worth? Well, there are really only two ways to look at it. Either you fix your credit, and have the freedom to choose your own ride. Or you don’t, and let the crude salesmen decide which keys you deserve.

For Free Credit Repair Evaluation to afford an auto loan on your favorite Vin Diesel sports car , Give Us a Call at 210-520-0444

Tagged under: affordable, Car Loan, credit repair, credit score, Poor Credit

What you can read next

Understanding Collections and Charge-Offs
Read this before you start thinking about a mortgage
Read this before you start thinking about a mortgage
Ready for a New Credit Card? Here’s What to Consider.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Not an Affiliate Yet ?

Sign up Today

  • This field is for validation purposes and should be left unchanged.

Recent Posts

  • Payday Loans Are More Expensive for the Poor, and Lenders Are Weaponizing the Courts to Make it Worse

    Is the internet crushing your attention span mo...
  • The Story of Decentraland, and How the Future of Real Estate Could Live in an Alternate Universe

    Is the internet crushing your attention span mo...
  • How the Supreme Court Legalizing Sports Betting Impacts (Read: Could Destroy) Your Credit Score

    For 25 years, a little known law called the Pro...

Learn More

Learn More

TESTIMONIALS
CREDIT FOR LIFE
HOME ROADMAP
FINANCIAL HACKS & TIPS
#CREDITWOKE

Quick Links

Quick Links

BECOME AN AFFILIATE
SEND A REFERRAL
FREE RESOURCES
ESPANOL
PRIVACY POLICY

Corporate Headquarters

6989 Alamo Downs Pkwy
San Antonio, TX 78238
Get Directions
Phone: (210) 520-0444
Email: [email protected]
  • GET SOCIAL
The Credit Repairmen

Copyright © 2019 The Credit Repairmen. All rights reserved.

TOP