Friday, 28 November 2014

Washington Car Loans - Your Dream Car is just a Click away

If buying a car is your dream, don’t let it fade away. Obtain Washington Car Loans at affordable rates and fulfill your car dream. The online auto loan program is available to all the residents of the Washington state. So, don’t worry if you have a no credit score or a troubled credit history.

Why is it Wise to choose Washington Car Loans?

When you apply for Washington Car Loans, you will get the following benefits:

• 100% Guaranteed Approval

• Quick Loan Quotes

• Lower-than-Market Rates

• Credit Issues are not an Issue

• Down Payment and Co-Signer are not Compulsory

• No Pre-Payment Penalty

You can enjoy all these benefits by submitting your loan application on the secure website of the company. Apply now and get ready to celebrate the purchase of your dream car.

Thursday, 27 November 2014

3 Tips for obtaining Bad Credit Car Loan in Washington

Car buying doesn’t mean going to a dealership and selecting a car model. It includes preparing for car loans especially if you have bad credit score. Usually, bad credit car buyers shy away from buying a car because of the complex loan process. But, don’t take tension if you want to obtain bad credit auto loan in Washington, here are a few tips to help you.
Tip# 1 - Cash

Lenders don’t offer 100% LTV on car loans. They require you to pay at least 10% of the loan amount as down payment. So, make arrangements for it.

If you don’t have enough savings for down payment, you can trade-in your old car or apply for a personal loan. You can also use your home equity and generate cash.

Why is it important to make down payment?

Car is a depreciating asset. It loses value the moment you drive it out of the dealership lot. If you don’t make down payment and obtain 100% LTV, you will have an upside down loan from the beginning of your loan term. When you owe more than your car’s worth, it creates problems if your car is totaled in an accident or if you decide to sell it.

Also, when you don’t make down payment, lenders offer you high interest rates. This can create a problem in making regular payments andcan ruin chances of improving your credit score. So, try to make at least 10% of the total car loan amount as down payment.

Tip# 2 - Co-Signer 

Whenever you decide to obtain a car loan in Washington, ask someone to co-sign your loan contract. Co-signing helps in reducing lender’s risk because a co-signer provides guarantee of regular payments. It will help you in reducing the loan rates on your Washington car loan.

How to find a co-signer?

People with bad credit history or past bankruptcy are not eligible for becoming a co-signer. So, don’t convince anyone with credit issues to become your co-signer. A co-signer should fulfill the following requirements:

• Minimum Age of 18 years

• Regular Job and Stable Income

• Lower Debts

Tip# 3- Car

Deciding on a car model is a huge decision because there are several options available. If you have bad credit history, it is important to buy a used car. The reason is its cost. You will be able to manage a used car loan in a better way because of its low monthly payments.

What Factors should be kept in Mind while buying a Used Car?

• The car should not be older than 8 years

• The car should not be driven for more than 100,000 miles

• The car should not be salvaged or totaled

So, these are the few tips that will help you in completing the car loan process tension-free. Use them and obtain a bad credit car loan in Washington.

EZ Auto Finance is an online bad credit auto financing company that caters to the needs of sub-prime car buyers. It provides low rate bad credit car financing in Washington. Simply apply now and obtain no obligation loan quotes.

Wednesday, 26 November 2014

Guidelines for Successful Used Car Buying in Washington

A car is a requirement of every Washingtonian. But, it does not mean that you need to buy a brand new car. You can obtain a reliable used car to satisfy your need.

Why a Used Car is an Affordable Option for Washington Car Buyers?

A used car is a better option for car buyers because of the following reasons:

• Low cost
• Low loan amount
• Low down payment amount
• Low insurance premium
• Affordable monthly payments

What Guidelines should be followed for buying a Used Car in Washington?

Even though used cars are less costly, they are a huge financial responsibility for car buyers. So, it is important that you make a well-thought decision. Here are a few guidelines to help you ensure a successful used car buying process.

1. Take Expert Help
Whenever someone buys a used car, he is advised to ask a lot of questions to the dealer or the private party seller. But, asking questions is not enough. You must ask your trusted mechanic to take a look at the car. You must ask him to check the following things:

• The Exterior (Windshield, wipers, headlights, directional lights, etc.)

• The Interior (Heater, radio, air conditioner, dashboard, seats, car alarm, etc.)

• Tires ( If the tires are worn unevenly, it can mean alignment problems)

• Engine (Check for oil leaks, battery, exhaust pipe emissions, and odor of any kind, etc.)

• Brakes (Parking brakes, antilock brakes, etc.)

• Others (Frame, automatic/manual transmission, steering, etc.)

If your mechanic is convinced with the car, you can think of buying it.

2. Understand the Emission Requirements

In Washington, all used cars must be certified to California emission standards if:

>> The manufacture year is 2009 or newer

>> The Odometer reading is lesser than 7,500 miles

>> You are a Washington resident

Check Vehicle Emissions Control Information Label. It is located in the engine compartment. The label will tell you if the car meets the emission requirements or not.

Remember that Washington State Department of Licensing will not register a car that flouts the emission standards. So, make sure that you choose a used car after thorough inspection.

3. Choose the Right Washington Used Car Loan Program

Car loans are an important part of every car buying process. If you choose a wrong car loan program, you will end up making unaffordable monthly payments. So, don’t be in a hurry to choose a loan quote.

Apply with several lenders and obtain loan quotes from them. Don’t choose a used car loan quote on the basis of monthly payments. Compare all the loan quotes after considering several other factors like APR, pre-payment fees, penalty, documentation charges, etc. Few lenders require co-signer. So, understand the demands of your lender before signing the Washington used car loan contract.

So, this is how you can become successful in buying a used car in Washington. Remember the guidelines mentioned in the article and use it whenever you start the car buying process.

EZ Auto Finance is a trusted name of the auto financing world. You can contact the company for obtaining quick and affordable Washington used car loan programs. Submit your personal information via secure auto loan application page today and obtain low-rate loan quotes.

Thursday, 20 November 2014

How to obtain Affordable Car Loan in Washington?

Out of the total population of 6.97 million, Washington Department of Licensing has provided Driving Licence (DL) to 5.40 million people. It means that the car is the main mode of conveyance for Washingtonians.

If you are looking for a car in the Evergreen State, make sure that you obtain an affordable car loan program. It will help you in making regular payments and won’t cause any harm to your financial stability.
How to obtain an Affordable Car Loan in Washington?

Car loan shopping is a process. If you want to obtain an affordable auto loan program in Washington, carry out a series of tasks before and after submitting your loan application.

• Pre-Application Checklist

a) Create car budget to calculate the amount of monthly payment you can afford
b) Keep your financial documents and banking details ready
c) Check your credit report and remove errors, if any
d) Calculate total down payment amount
e) Search for a co-signer

• Post Application Checklist 

Once you apply with lenders and they provide you with loan quotes, you have to undertake the following tasks:

a) Compare the different loan quotes on the basis of APR
b) Compare the loan terms and conditions
c) Negotiate with the lender to remove pre-payment penalty clause
d) Choose the loan quote with low rates and affordable terms
e) Sign the loan contract
f) Buy the car

Remember to all the tasks that are mentioned in the checklists. It will help you in obtaining affordable car loan program in Washington.

EZ Auto Finance is the ideal destination for obtaining bad credit car loans in Washington. The company has been providing low rate car loans to Washington for several years. It will help you in obtaining quick approval on bad credit auto loan program. Apply now.