Credit repair Houston expert Vanessa Perry explains options available for those needing a car ASAP in the latest Ask Impeccable episode below, with bad credit without having high interest rates or buying a cash car.
I Need A Car NOW
Is your car broken down? Does it have more miles than an 82′ bug? Typically the credit score requirements are a 620 minimum credit score to purchase a car with no down payment. Even at a 620 the interest rate is going to be as high as 14.7% on a new car and 20.7% on a used car. There are solutions for having a means of transportation if your credit is not where it needs to be without paying a ridiculous interest rate or buying a cash car .
I Have Bad Credit
Bad credit is different to anyone. Any score that does not qualify for the best rate is not Impeccable Credit. It takes a 750 to qualify for the best rate. Anything above is just for bragging rights. If your credit does not qualify for the best rate you may want to hold on purchasing a car until you can qualify. The difference between a single percent can be $100 a month which is equal to $1,200 a year for 3-6 years depending on the loan. Most of the time that is on top of having to make a hefty downpayment. You may want to consider renting a car for the time being and getting credit restoration before committing to a high interest rate, or an unreliable cash car.
I Need Credit Repair Houston
Credit restoration with Impeccable Credit Services is a no brainer when you think of the amount you are saving with interest not only on a car, but homes, loans even credit cards. Although it is not a speedy process it is a permanent solution. Impeccable Credit Services does not only work on making your credit Impeccable we also teach you how to keep it that way. The owner, Vanessa Perry will even teach you how to get the best price for a car at the lowest interest rate. While she is a credit expert, she is also a car buying expert as well.