Monday 9 June 2014

Texas Auto Loans – Everyone can buy the Car of their Choice

Gone are the days when car buyers were discriminated for their bad credit history. The days of high interest rate auto financing are over. Texas Auto Loans is here to provide you affordable car financing programs. Easy approval for bad credit buyers is now possible.

Texas Auto Loans understands the problems of convincing someone to become a co-signer. So, co-signing is not made compulsory. Also, there is no need of down payment as well. Fill an online application form for getting affordable financing. That's it.

So, Texans! What are you waiting for? Approval is just a few mouse clicks way. Apply now.

Friday 18 April 2014

The Texan Claws are out against this Company

The Palo Alto headquartered company is facing problems in states that have prohibited its direct-sales model. Texas is among those states. Tesla is fighting a loan battle against powerful auto dealers who are trying to throw cold water on the company’s selling model. This news comes at a time when the electric car company is considering Texas for $5 billion battery plant and 6,500 jobs.

The company came into limelight with the production of Roadster. Its new car Tesla Model S is a success with critics and consumers rooting for it. Now, to buy the $70,000 to $130,000 ranged car model, you have to go online. This is because you can not place orders at Tesla Austin (at The Domain). You can not even discuss price there. Also, the company is allowed to offer limited test-driving opportunities in Texas. This means if you want an urgent test drive, you have to go to a neighboring state that hasn’t shot down the company's direct selling proposition.

Texan Legislature did not allow Tesla to exempt itself from selling through dealerships. The Texas Automobile Dealers Association believes that the law shouldn’t change for any special interest (read the billion dollar factory plant). The president of the Association, Bill Wolters, is worried about dealerships, specifically those in the rural region who would sustain losses if there was no legal protection against factory-owned dealerships.

But, Tesla is tenacious on selling directly to Texan car buyers. It wants to eliminate franchised dealers who act as middlemen between manufacturers and end car buyers. Their argument rests on the logic that Tesla’s sales are very minor to justify the need of a franchise dealership. And, they believe that the sales staff working at major dealership won’t pitch for Tesla against easier-to-sell gasoline automobiles.

Only time will tell, who wins - Tesla or the Texas Automobile Dealers Association? Who do you support? Please drop in your views in the comments sections. We would love to hear from you.

No matter you buy a car online or from a dealer’s lot, it is important to shop for Texas Auto Loans on the internet only. By opting for online submission of your loan request, you get access to quick approval on 0 cost loan quotes. So, apply now.

Thursday 9 January 2014

Plano Auto Loans – Instant Approval is possible when you plan

Planning to buy a car in the beautiful city of Plano? Well, there’s one thing that often causes trouble in the paradise. And, it is lengthy and troublesome car financing process. Most Plano buyers consider car loan process very off-putting. So much so that they put their car dreams on the back burner! But, you don’t have to worry about auto loans anymore. This article will provide you simple ways to get guaranteed car loan approval and that too, in minutes.

Why does the Plano Car Loan Process become so painfully long?

Most lenders advertise instant approval but the reality changes once the Plano resident applies. He/she is asked to provide several documents. It takes days and even in months to get approved for a car loan. You most certainly don’t want to face the same problem. For that, you must understand the loan process and prepare well in advance. If you follow simple suggestions mentioned in this article, you will realize that no lender will make you wait.

Prepare well to complete the Loan Process Instantly

Budget your Needs

Whenever you set out to buy a car or any other thing, it is important to understand your financial capabilities. If you avail a loan without considering your monetary limits, it will damage your credit history. It will ruin any future chances of getting low rate Texas car financing. So, calculate your income and expenses. Ascertain the amount that you can dedicate to monthly payments. Also, consider future expenses because the Plano, Texas car loan term will be at least 3 years.

Check Score before submitting the Loan Request

Credit score and loan rates are inversely related. When a car buyer with low credit score applies, he gets higher rates and vice versa. So, check your credit score to avoid exorbitant rates. If you have a bad credit score, apply with a sub-prime lender. These lenders have experience of working with credit issues. This way you won’t face any trouble in getting approval.

Keep Documents ready

Instead of waiting for the Plano auto lender to tell you about documents, you must complete them in advance. A lender will require you to have your SSN, your banking and financial information. He will also need a copy of your pay stubs and receipts of your utility bills. It is not uncommon for lenders to ask for employment proof. So don’t forget to ask your employer for Employment Verification Certificate.

Apply with a Co-signer

Whenever you apply for Texas auto financing, have a co-signer with you. A Plano resident with a good credit score will help you get approval instantly. Remember that he/she must have a lower DTI. When a lender sees a co-signer, his tension is automatically reduced. He is very sure of receiving payments. And, this will aid in getting lower rates.

Bring Down Payment to the Discussion

You can make down payment in cash to reduce your Plano loan amount. This way you can put your financial stability to good use. The lender will understand that you have money to make payments and so, approval will be easy.

If you don’t want to part with your money, you can opt for down payment-in-kind. You simply have to trade-in your old car or ask the Plano dealer to direct your cash rebates towards down payment amount. This way your down payment will be paid and you won’t even have to shell out a single penny from your pocket.

These are the ways in which you can get easy approval in no time. Remember that if you take time in getting ready for the Plano auto loan process, it will be over quickly. So, plan ahead and buy your favorite car in Plano.