Car loan companies for bad credit |Tips for getting approved
Are you looking to buy a new car? In this blog post, we tell you how to easily take out a car loan with bad credit.
Apply for a car loan: request your cash today
Do you dream of buying a new car but missing those last thousand dollars? We can help you fulfill your dreams of buying a new car. So what are you waiting for? Apply for a car loan for bad credit at https://wowloans.net/ today!
When you apply for a car loan with us, you do not need to have the car as collateral for the loan. When you apply for a car loan, it is therefore entirely up to you to do what you want with the money. That way you can buy exactly the car you want. Therefore, taking a car loan with us is always super smooth!
Tips for getting approved for a car loan
If you want to apply for a car loan with us, it’s easy. The application only takes a few minutes to complete and you only need to follow these three simple steps:
Once you decide what amount you want to borrow, you first and foremost need to register on our website. To register with us you need to be at least 18 years old, have a Swedish social security number, mobile number, e-mail address, and account number. Before the registration can be completed, we also need to carry out a custom credit report on you.
Confirm your identity
After registering, you need to confirm your identity. You can do this in two different ways. You can either use Instantor and your bank account or you can choose to have one of our employees call you.
Get the money paid out in the account!
We will begin processing your application as soon as it has been received by us, and we can, therefore, give you an answer immediately and then pay the money out immediately. Payment can be made to all banks, around the clock. Taking a car loan with us is, therefore, both easy and fast!
It is easy to repay your car loan
Paying back your car loan is easy. Every month, we will send you an invoice that you need to pay. Of course, if you would like to repay a larger amount or perhaps the entire loan amount, you can do so. In addition, by logging into your profile you can always keep track of upcoming and paid invoices. Once inside your profile, you can also get a good overview of your credit.
How much does a car loan cost?
By using our loan calculator you can quickly calculate the interest rate for your car loan. You can also see what you will have to pay each month.
If this is your first time borrowing from us, you can apply for a maximum of USD 5000. This is because we are a secure lender who does not want to put our customers in a financial situation that they cannot handle. If, on the other hand, you have borrowed money from us in the past, you can, of course, apply for a car loan of up to USD 15,000.
Can I apply for a car loan with residual value?
Since the car loan you take from us is a loan where the car does not constitute collateral for the loan, it is not possible to take a car loan with residual value with us. In other words, when you apply for a car loan with us, you take a private loan and therefore it is not possible to take a car loan with residual value.