Turned down for an auto loan? We know that your back might be against the wall for a car, but you have options. Rejection doesn’t seem right or feel right when all your trying to do is buy a new car but you need auto financing.
When you get denied for an auto loan doesn’t matter where, find out what happen. You have 30 days to have your lender tell you in writing what happen. There are some reasons why you might be denied and they are:
- Not a large enough down payment
- Bad credit
- Too much debt
Your options for reapplying are:
- Reapply when you have more money saved
- Pay down your bills
- Raising your credit score by paying your bills on time
Really all lenders are looking for is if you can pay your bills on time and what you can afford with your monthly income.
Shop around for a loan that is right for you, just because one lender denies you doesn’t mean that there aren’t others that will approve you for a car loan in York PA.
Every lender is different and at 99dollarcarpayments.com our objective is to get you approved by a lender in York PA based on the monthly income you have.
Our auto financing approval right is 95% with all of our lenders, so apply today and see what our auto lenders in York PA can do for you with a new car.
Make sure that you have a large enough down payment for the car you want and the loan you have been approved for. We don’t recommend that you stop trying for a car loan.