Sunday 29 April 2012

How to Get Online Auto Loans for Bad Credit in Texas?


Bad credit score makes you feel like the entire world is against you. Lenders and dealers consider you risky and hesitantly offer high interest rates. Exorbitant payments make it difficult for you to pay-off your loan. People around the world are facing the same problem and Texans are no exemption to this. Although the nation is reviving from the economic recession, bad credit scores are yet to improve and most poor credit borrowers are clueless and helpless.

We all know that Texas is a state known for courage. Texans have successfully fought the battle of independence and its time you fight bad credit score with same zeal.

Your Real Credit Score

While applying for an auto loan with bad credit, you must know your exact credit score. There are chances that lender/dealer may charge you more on the pretext of a bad credit score. But, in reality, you must be having an average credit score. So, it’s better to get a free copy of credit report and also avail your credit score well in advance. If you find any discrepancies, it’s time to report them to the credit bureaus and get them removed.

Pre-owned Cars – A Better Option

When you have a bad credit score, it is obvious that the lender is going to charge you higher interest rate than someone with a good credit history. You can combat this situation by getting a used car. A used car will cost less than a brand new automobile. As the principal amount will reduce, your loan will become more affordable.

Online Auto Loans are the Perfect Solution

With the recent development in the internet technology, online auto loans are proving to be the one- stop solution for all those with a poor credit history. Most online car lenders allow you to choose the mode of payment. Lower interest rates are possible because they have a huge network of lenders. When you apply for a car loan with bad credit, the online auto financing company sends your application to its set of network lenders. Then, they bid for your application and the best lender is chosen for you.

People of the Lone Star State can take advantage of such loans because they are processed in real-time. Most online lenders do not worry about your bad credit score because their network also has a wide number of sub-prime lenders. These lenders specialize in bad credit auto loans.

Online car loans can be easily obtained by filling the simple online Texas auto loan application form. This saves your precious time as you need not go to the lender’s office to fill up and submit several forms. A click of mouse will solve all your problems.

Truly, online car loans for bad credit are a boon to Texans because you can avail auto loan by sitting in your home. Texans! It’s time to fight bad credit score with the web. It’s time to buy the comfort of car and forget all your bad credit woes.

Getting a perfect car loan makes your car buying even more perfect. If you are searching for affordable bad credit auto loans Texas, Rapidcarloans.net is your answer. We have wide network of lenders in the Lone Star State who offer automobile financing for bad credit borrowers. Apply on our website and get the most competitive auto loans.

How to Get Best Auto Loan Rates in Texas?


Cars offer the most comfortable ride and they are a requirement in Texas because of its large area. Now, with rising car prices, getting a car with cash is impossible. Each one of us requires car loan to finance our auto purchase. But, as we all know, getting affordable interest rates are very difficult.

But, there are several Texans who have successfully availed reasonable interest rates on car loans. Let’s understand how we can get auto loans that are not hard on our wallet.

Lower Interest Rates Are Now Possible

One thing that all buyers religiously follow is to have a proper negotiation. A study by Consumer Federation of America reveals that the customers are over-charged by 3% of their loan amount by the dealers which adds up an extra amount of $1000 while procuring the loan. So, it is essential that you don’t accept the dealer’s offer. You must also use loan calculators to know about the repayment installments, interest rates and other payments.

Also, a decent credit score will guarantee lower rates. If you have paid all your credit card bills, made prompt loan repayments, you can enjoy the benefits of having a good score. A high score often translates into low interest rates. This is so because lenders perceive you less risky. So, being a genuine re-payer in the past can help you in present.

It is essential that you check your credit score before applying for a car loan. Most lenders will con you into availing higher interest rates by showing a score worse than yours. So, make sure you know your exact credit score. Also, avail a copy of your free credit report and check for any errors. Dispute the unwarranted transaction before filling the loan application form.

Getting competitive rates is possible by availing auto loan quotes from several lenders. Comparing car loan quotes will help you get the best car loan deal. It is good to compare their rates and loan conditions. Other than this, the loan term is quite important too.

Paying a substantial amount as down payment can reduce the interest rates. A huge down payment indicates lenders that you have already invested a huge amount in buying the car. This will reduce the loan amount which will result in lower risk on the lender’s part.

You can get better rates by bringing a co-signer. When you have a co-signer, the lender is assured of regular payments. You can also use your property as collateral to reduce loan rates. If you have collateral, then the lender can easily use it to recover his money.

Remember, Texans!! Whatever you do, it should fulfill the goal of lowering lender’s risk. This will automatically help you in reduction of your car loan interest rates.

Getting a perfect car loan makes your car buying even more perfect. If you are searching for low rate auto loans in Texas, Rapidcarloans.net is your answer. We have wide network of auto lenders in the Lone Star State who offer low rate car loans to all types of credit borrowers - good or bad. Apply on our website and get the most competitive auto loans.

How to Get An Auto Loan for Your Next Car Purchase in Texas?


A new car is every American’s dream. Everyone wants to own that perfect brand new car and Texans are no different. Texas enjoys great geographical diversity which gives a great chance for car owners to explore the Lone Star State.

If you want to buy a car in Texas, a car loan is the basic requirement. This is so because car prices are rising and it is becoming impossible for buyers to make an all-cash deal. When it comes to car loans, getting low interest rates is tough. But, Texans need not be worried about getting great rates because they have several options.

In this article, useful information is provided regarding the choice of car loans. At the end of this article, you will know all about car financing options that will help you take a better decision.

A 3-Step Plan for a New Car Loan in Texas

The first step is to improve your credit worthiness. This can be done by maintaining a good credit score. Making regular payments of your loans, bills and expenses will help you to maintain a good credit history. When you decide to apply for new car loans, you must check your credit score. It will help you in knowing your exact score and won’t leave any chance of error.

The second step is to lay out a strategy to buy the new car. There are plenty of auto dealers in the Lone Star State who will have latest cars in their car lots. In order to avoid any confusion, you must first decide on the car-type. Choose the car according to your needs. If you have a family, a large car is essential. If you have to travel long distances every day, then you must buy a car with high mileage.

The third step is to apply for a car loan. You must not rely on a single lender and apply with many because every lender has different approval criteria. One may offer you high interest rate considering your score as bad. Other lender may provide you great rates. So, it is always essential to apply at several places and do a thorough research. This will ensure that you won’t miss-out on attractive options. You don’t want to lose a money saving opportunity and that’s why it is always better to compare.

When you choose a lender, do not forget to check their websites for client testimonials. It is always better to take help of people who have already availed the services of lender. Once you get all the information, you can straight away choose the right kind of lender to fund your new car.

Once you get approved for an auto loan, go and buy that dream car of yours. It’s time to buy a new car loan and cruise down the Texans Streets in style!

Getting a perfect car loan makes your car buying even more perfect. If you are searching for affordable Texas auto loans, Rapidcarloans.net is your answer. We have wide network of lenders in the Lone Star State who offer guaranteed auto loans to all types of credit borrowers - good or bad. Apply on our website and get the most competitive auto loans.

All the Best!


A Complete Car Buying Guide for Texans



Cars hold such an important place in our lives that no one can ever imagine life without it. It makes our journey beautiful and significantly comfortable. A car is a requirement in a large state like Texas. Also, it has the largest highway systems in the nation which makes car purchase quite obvious.

Buying a car is an important purchase of your life. You need to be very cautious in order to buy a perfect car. This article is your ultimate guide in buying your dream car. Tips and words of caution mentioned here will not let you end up in a sorry state.

Your Needs Are Your Priority

You must not buy a car just because your friends are buying it. You must have a solid reason to do so; otherwise it’s just waste of your precious time and money. If you are a student and need a car to reach college, a simple car with minimum maintenance will serve you. If you have a family, then a wagon with safety equipments is your requirement. If you have an agricultural business, you need a car that can easily transport the produce. So, before deciding on the car, understand your needs.

Money Rules the World

Once you decide on the kind of car, the next is to decide your budget. Your financial ability will decide whether you go for a new car or pre-owned. You will have to decide on getting an auto loan as well. You have many options to get a car loan and internet is the modern choice. There are many online auto lending companies that offer large variety of auto financing options.

Just Because A Chicken Has Wings Doesn’t Mean It Can Fly

Looks can be deceptive and so, a thorough scrutiny is required while selecting a car. Research is very important here. While deciding on a car, read reviews and expert comments. Texas Auto Guide can provide you local news. Cruisin’ Times Magazine will help you with the reviews.

When you are buying a car from a dealer, you must ensure that the car model hasn’t been recalled. Also, compare other car models to be sure of getting the best deal. When you get a used car, ask your trusted mechanic to inspect it. Check the car’s Vehicle History Report for any problem. Get the odometer disclosure statement and don’t forget to test drive.

Making Your Dream Car Your Own

When you buy a car from a local Texan dealer, he will do all the work of getting it titled and registered with the State DMV. The dealer must title the car in your name within 20 working days. The number of days will increase to 45 if he is offering you car loan.

But when you are completing the process of title and registration, you must fill the Application for Texas Certificate of Title (Form 130-U). It will have the seller’s name, his signature and the purchase price on it. Odometer Disclosure is mandatory in most cases. Also, ask him for vehicle registration receipt and release of lien.
Ask the seller to come with you to the county tax office so that he can solve the tax office representative’s doubts, if any. When you are buying a car from a private party, you will have to pay the motor vehicle sales tax (6.25%) on the purchase price or the standard presumptive value, whichever is higher. Other than that, the general title transfer charges and registration fees apply.

Remember to take the proof of liability car insurance to the county tax office because they won’t process your application without it. And, they will only let you apply for title (not registration).

To register your car, you must pay the registration fees. As of September 1, 2011, Texas will charge $50.7 5 for cars and light pick-ups that weigh 6000 pounds or less. If your car weighs between 6001 and 10,000 pounds, then you must pay $54. You will also have to pay a local county fee that ranges from $5 to $11.50.

Don’t forget to undergo annual emissions testing if you live in an emission county.

You get new license plates for a new car. For a used one, you need to transfer it.
If you want to transfer plates from your old car to the new one, your county tax assessor - collector office will help you with it and also issue a new registration sticker without any transfer fee. Here, you can think of buying specialized or vanity plates by paying extra.

Once you are done with all the legalities, you will be provided with the registration receipt. The receipt will have a sticker which should be place on the windshield along with your inspection sticker.

So, that’s how you make that dream car your own. Buying a car can be a great experience when you know that you are buying a flawless car. Don’t forget these useful tips for buying a car in Texas and soon you will be driving your perfect car on the streets of the Lone Star State.

Getting a perfect car loan makes your car buying even more perfect. If you are searching for affordable car loans in Texas, Rapidcarloans.net is your answer. We have wide network of lenders in the Lone Star State who offer loans to all types of credit borrowers - good or bad. Apply on our website and get the most competitive Texas auto financing.