Bad Car credit Birmingham

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Many people for one reason or another have bad car credit. There are lots of reasons that your credit score can go down. The main reason people have bad car credit is because of a failure to stick to the terms set in a credit agreement. If you miss payments on a loan or make regular late payments on household bills this can all affect your credit score.

If you are searching for “bad car credit Birmingham” because you have bad car credit and you live in Birmingham, there are many dealerships and garages that will offer finance to you even if your credit score is very low.

There are a few tips that can help you even if you do have bad car credit in Birmingham. First of all know your credit score, if you know your credit score you are forearmed with it rather than a salesman trying to tell you just how bad it is. If you have bad car credit in Birmingham, speak to your friends or trusted family members chances are someone will have had some kind of experience that they can share with you and maybe they can recommend someone they have used for bad car credit in Birmingham. It is defiantly worth shopping around to see what deals are on offer to you. Just because you have a low credit score doesn’t mean you still cannot get a good deal.

The main providers of car loans for people with bad car credit are finance companies, direct lenders and car dealerships.

If you have really bad car credit and have a credit score of as low as 400-450 you may still be able to get finance but you would usually be asked to provide extra security to secure the loan and you may only be able to borrow a low amount. You will most probably be asked to put down a sizeable down payment if you have a low credit score.

If you would prefer to try and improve your credit score before you get finance there are a few things you can do to change this, such as paying every bill on time from now on, pay as much off as you can on your credit card balances and do not apply for new credit until you have paid off all of your previous loans.

If you are struggling with your bad car credit you can go to a professional but they are very expensive and if truth be told will only do what you can do yourself so it is probably an added expense that you do not need.

If you have CCJ’s you may struggle to get car finance, however, it is not unheard of. If you can find a reliable finance provider who is willing to help and advise you all may not be lost.