|
|
|
|
|
|
Great Financing Options for You!
 |
ZERO-DOWN/100% FINANCING OPTIONS* |
|
BAD CREDIT CAR LOANS AVAILABLE! |
|
BANKRUPTCY? WE CAN HELP YOU! |
| |
* with approved credit |
|
|
|
|
|
|
FederalAutoLoan.com can help you get the car loan you need... even if you have bad credit!
Our stress-free, trustworthy process is fast, easy, and free! You’ll be glad you used Federal Auto Loan!
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Does it cost any money for me to make a financing request using the FederalAutoLoan.com process?
No! It costs nothing for you to submit a credit application to the FederalAutoLoan.com network. Our service is free to the consumer with no obligation on your part whatsoever. We are compensated by the affiliates in the networks we work with.
Do I have a good chance of connecting with a lender or dealer who can help me get car financing?
Yes you do! We have a national network of lenders and dealer affiliates who are all about helping you get accepted for financing. When we forward your application to them, they'll do their best for you.
I’m a self employed person, can I still qualify for a car loan through one of your lender or dealer affiliates?
Yes you can! Self employment often makes getting a loan more difficult, but depending on your circumstances, being a person who is self employed may not necessarily be a problem.
Can I put zero money down?
You may be able to do so! We have a number of lender and dealer affiliates that offer programs that may allow you to put no money down on your car loan based on qualifying credit.
I've had a car repossessed in the past. Does that mean I can't make a financing request?
Not at all! You CAN still make a financing request through our network! Our network of lenders and dealer affiliates offer special loan programs that could help you even if you have a repossession in your past. It's our goal to help you get a solid loan connection even if you have a difficult credit situation!
What if I am going through bankruptcy or have gone through bankruptcy?
Even if you're going through bankruptcy or have a bankruptcy in your past, we may be able to help you! We have many lenders and dealer affiliates in our network that specialize in vehicle loans for people who have gone through bankruptcy or are currently in the middle of a bankruptcy.
Can a private party purchase loan be obtained?
Typically not through our program. But you may wish to submit a credit application anyway and see what other options may be available to you.
Can I get a loan for either a new or used car?
Yes you can! Our lenders and dealer affiliates offer car loans for both new and used cars!
Does "Guaranteed Acceptance" mean that I am guaranteed to get approved for a loan?
No... but it may very well improve your chances! When you work with Federal Auto Loan we make sure that every application we receive will be submitted to our lender/dealer network. We don't "filter out" applications for things like self-employment, bankruptcy, bad credit or other negatives like some other companies do. So while we can't guarantee that you'll be approved, we'll do all we can to match you with an affiliate who will do their best to get you the auto loan for the car you need!
Is Federal Auto Loan a lender, auto dealer or government entity?
No... we're better! We're a privately held "Consumer Connection" company that helps connect you with dealers and lenders who want to help you get a car loan and get a vehicle to suit your needs! We have a nationwide network of lenders and car dealers, many of whom are specialists in helping credit challenged consumers with all types of problematic credit situations. That's why we say "Good Credit... Bad Credit... No Credit... ALL GOOD!"
Note that Federal Auto Loan works with a significant number of auto dealers and lenders in the affiliate networks integrated on our platform. Across the country, this represents hundreds (and perhaps thousands) of lender and/or dealer affiliates in those networks. Federal Auto Loan only works with affiliate network companies that have good reputations and only with companies that have networks that they represent with direct relationships. Even though we do this to help get our consumers connected with only good and reputable companies, it is simply not possible for us to monitor the many and varied affiliates in these affiliate networks. Given this situation, we strongly encourage you to thoroughly review and research any lender or dealer you are considering obtaining financing through (or purchasing a vehicle through). This includes talking to experts and individuals with knowledge in the auto finance world, checking online reviews and information about these companies, doing your own personal research about vehicle financing and car purchasing, and talking to your tax and/or financial advisors before entering into any deal with any dealer or lender (whether we connect you with them or not). And remember… you are under no obligation to work with any lender or dealer that we connect you with. If you don't feel that you should work with them, don't. Thank you again for applying with FederalAutoLoan.com.
|
|
|
|
|
|
|
|
|
|
 |
|
|
 |
 |
|
The auto finance and car-buying process can be confusing... Especially if you aren't familiar with all the terms associated with buying a new or used car. Here at Federal Auto Loan, we have compiled many of the terms and definitions you may come across when purchasing a vehicle and financing that automobile. Check out our Auto Finance Glossary.
|
Bad Credit Auto Loan
A bad credit auto loan or car loan for bad credit is auto financing that is extended to a consumer who has a low credit rating because of bad or negative information on his or her credit history report. Borrowers who have credit scores below approximately 660 will generally need to consider sub-prime or bad credit auto financing when purchasing a new or used vehicle.
|
|
|
| |
|
Stay up to date on everything you need to know about auto financing and car loans with bad credit.
Visit our blog today!
|
|
| |
 |
|
Featured Videos
Here at Federal Auto Loan, we not only strive to help people get the good or bad credit car loans they need... We also do everything we can to educate people on the car-buying and auto loan process. Our helpful car loan video guides provide you with information on how to buy a car, how to find a great rate on a car loan, how to avoid car loan scams, and much more.
 Finance Your Bad Credit Auto Loan
“... At FederalAutoLoan.com, we understand the difficulties that consumers with poor credit face. We know that many lenders and auto ... ”
FederalAutoLoan.com - Your Friend in the Business of Car Financing and Car Buying
“... a great place on the Internet to access vehicle financing, learn about vehicle ... ”
Why FederalAutoLoan.com is the Better Choice for You
“... Our website is filled with all manner of articles, calculators, videos, and research data and more to help you make a better ... ”
10 Tips on Financing a Vehicle and Getting a Car Loan
“... Our national network of lenders and dealers are experts in helping people with less than perfect credit get a car and the ... ”
Auto Loans for People with Bad Credit
“... Don’t be hesitant to apply for a car loan because of your credit history. Federal Auto Loan is here to help. We help people with ... ”
How to Get a Car Loan with Bad Credit
“... A consumer should order copies of his or her annual credit report, as well as credit scores from the major credit reporting ... ”
|
|
|
|
|
 |
|
Bad Credit? We Can Help!
|
|
Having bad credit doesn't mean you can't get the auto loan you need! Here at Federal Auto Loan, we specialize in helping individuals with less than perfect credit. With the help of bad credit car loans, and Federal Auto Loan, you can easily become a car owner! So don't be hesitant to fill out our application for a bad credit auto loan because of your credit history. Click below to visit our bad credit car loan page.
|
 |
|
 |
|
Auto Loan Calculator
|
|
Purchasing a new or used car, outside of buying a home, is one of the largest purchases most people will make. Calculating what your car payment will be is a key component of the car-buying process. Know just how much you can afford to spend on an auto loan or bad credit car loan! Our simple auto loan calculator will show you how much your monthly payment will be based off the numbers that you input.
|
 |
|
 |
|
FREE Guide: Secrets to Getting an Auto Loan if You Have Bad Credit
(in PDF format)
|
|
Featured Guide: “... This manual was created to help consumers understand their options and get information on how to get a car loan even if they have credit problems. We’re excited to provide you with this guide and hope that it helps with ideas and strategies to improve your chances of getting a car loan even if your credit isn't where you’d like it to be ...”
|
 |
|
Featured Articles
FederalAutoLoan.com: Your Friend in the Business of Car Financing and Car Buying
Posted 08/14/12
|
|
FederalAutoLoan.com is a great place on the Internet to access vehicle financing, learn about vehicle buying and vehicle loans, get information about all manner of subjects with regard to cars and loans, and much, much more. When you fill out an application on our web site, we will transmit...
|
| Read More |
|
Why FederalAutoLoan.com is the Better Choice for You
Posted 08/14/12
|
|
FederalAutoLoan.com offers a free, no obligation service to our customers. We want to thank you for using our site and hope that it serves you well for all your car buying and auto finance research and needs. At FederalAutoLoan.com, we want to make sure that you, as a consumer, are well informed about all aspects of the vehicle financing and buying process...
|
| Read More |
|
Auto Loans for People with Bad Credit
Posted 06/03/11
|
|
Not long ago, if you had a record of bankruptcy and defaulted loans getting an auto loan was next to an impossible task. Simply put, financial institutions and lending organizations refused to offer car loans for people with bad credit. And for most people, having poor credit was nothing short of a...
|
| Read More |
|
Car Financing for Bad Credit
Posted 04/19/13
|
|
Now that you’re in need of a new car, you probably have some questions about bad credit car loans. We want to answer those questions as clearly and as simply as possible. And not only do we want to answer your questions, but we want to help you on your way to approval for that car loan, and make it easier on you than you may think. We can probably help you receive car financing for bad credit...
|
| Read More |
|
Where to get an Auto Loan with Bad Credit
Posted 04/19/13
|
|
For those with less-than-perfect credit scores, there are options out there for auto financing… You just need to know where to look. It is also important that you know the difference between the various bad credit car loan options. Don’t feel like you have nowhere to turn. First, read about your options, and then let FederalAutoLoan.com try to set you up with one of those options. We’ll help to tell you where you can get an auto loan with bad credit...
|
| Read More |
|
Top Bad Credit Car Loans
Posted 04/19/13
|
|
Anyone living under the cloud of bad credit knows what a constant headache it is. The costs of doing anything credit-related is higher than those of someone with good, or average, credit, leaving some higher end purchases out of reach until old problems get fixed. Car loans currently allow for a little more flexibility for the bad credit consumer... But, how do you find out who has the top bad credit car loans?
|
| Read More |
|
Auto Sales and Car Loans for Bad Credit
Posted 04/19/13
|
|
If you have bad credit, you may wonder whether or not you’ll be able to find a lender or dealer who will help you buy a car. Of course this is a legitimate concern, because it can be difficult—especially if you try on your own. Shopping around, feeling trapped, and insanely high interest rates are just a few of our customers’ worries about finding a lender or dealer without much direction. But we at FederalAutoLoan.com may be able to improve your chances of finding car loans for bad credit...
|
| Read More |
|
Apply for a Car Loan with Bad Credit
Posted 04/30/13
|
|
As if it isn’t exhausting enough shopping for a car, trying to get approved for a car loan when you have bad credit takes that exhaustion to a whole new level. You may wonder if the car you need is even within reach. Well, it can be. Don’t give up yet, because it can be free, easy, and safe when you begin your search with FederalAutoloan.com. We can help you on your way to apply for a car loan with bad credit.
|
| Read More |
|
Bad Credit Car Loans and Financing
Posted 07/24/12
|
|
There is a growing trend in the current economy toward financing companies aiming for customers who qualify for bad credit. As more Americans find themselves struggling to meet expenses, more will find themselves having to deal with low credit scores which narrow the possibilities for financing some of the larger purchases in their lives in an affordable. Bad credit car loans become a regular part of the consumer experience....
|
| Read More |
|
Car Loans with Bad or No Credit
Posted 06/03/11
|
|
If you have a bad credit score, or no credit at all, you can still get approved for an auto loan! Thousands of people with bad credit, and even no credit, get approved for quality car loans every day! In fact, here at Federal Auto Loan, we specialize in helping people find the bad or no credit car loans they need. The first thing to note is that banks, like every other...
|
| Read More |
|
Bad Credit Auto Loans
Posted 12/26/11
|
|
It can be tough to know where to begin when you’re looking for an auto loan. And that stress you may feel as you start the process is only increased if you struggle with bad credit. No matter what your credit situation is, we at Federal Auto Loan want to provide you with the help you need to find the best auto loan for you... First, we’ll explain what you may want to know about bad credit auto loans. Then, we’ll let you know how we may make the bad credit auto finance process easier for you....
|
| Read More |
|
10 Tips on Financing a Vehicle and Getting a Car Loan
Posted 08/14/12
|
|
FederalAutoLoan.com is all about helping you get the loan you want for the car or truck you need. Our national network of lenders and dealers are experts in helping people with less than perfect credit get a car and the financing to enable you to buy it. But perhaps you’re uncertain whether or not you can qualify for a car loan or bad credit auto loan...
|
| Read More |
|
No Credit Car Loans
Posted 01/17/13
|
|
Believe it or not, having no credit is an actual condition, defined according to actual criteria in the lending industry. Your credit scores define your credit rating, that is, if you have perfect credit, or no credit, and everything in between. Sometimes, people confuse bad credit with having no credit, but the two conditions are separate and distinct... No credit car loans come with some very strict conditions...
|
| Read More |
|
Car Loan for Bad Credit
Posted 01/17/13
|
|
If you're looking for a car loan for bad credit, you'd better be ready for the additional costs that come with it. There are more lending companies than ever marketing their services to people with bad credit since over a quarter of the buying public have lower than average credit. While this market is competitive, this doesn't mean that you'll find a cheap deal...
|
| Read More |
|
Auto Loans with Bad Credit
Posted 01/17/13
|
|
How much are you willing to pay for a car? If you have bad credit, what you're willing to pay and, what it really costs, are two very different things. You may have your heart set on a car that runs about $20,000 – not a terribly high price to pay on a car. But, have you considered the total cost of the car loan to pay for it? Almost every dealership offers savings and discounts on various car models, and you may manage to find one who will give the no-money-down option, even on auto loans with bad credit...
|
| Read More |
|
|
|
|
Recent Articles
Bad Credit Auto Loan Worries and Trade-In Problems
Posted 05/31/13
|
|
Let's face it, if you have bad credit, need a new car, and owe more on your current loan than the car is worth, you may feel stuck between a rock and a hard place. And let's be honest, this is a tricky situation, and a growing problem. The reason for this is that many people are choosing longer loan terms on their bad credit auto loan, which leaves them paying too long on a vehicle that continues to decrease in value with every passing mile. And serious problems arise when the need comes to trade in the car.
|
| Read More |
|
Short Term Auto Loans for Bad Credit
Posted 05/30/13
|
|
Bad credit can be the result of a number of reasons. Some consumers are struggling with bad credit as the result of over-extending themselves, and filling the void with credit. Others may have hit tough economic times, and have had to use credit to keep up with basic household expenses. Still, others are deadbeats who rack up tons of credit expenses, and default on their agreements. Whatever the reasons, bad credit forces people who need to get further credit into a higher credit risk bracket known in the loan industry as, subprime. As the number of subprime borrowers grows, the auto loan industry has evolved to meet the needs of many of these car buyers. This includes a growing population of consumers seeking short term auto loans for bad credit.
|
| Read More |
|
Short Term Auto Loans for No Credit
Posted 05/29/13
|
|
Having no credit is more than just an expression. In fact, it’s a debilitating condition that forces anyone living in this credit category into an almost, cash-only, existence. New lines of credit will be next to impossible to get leaving many to seek out special programs, secured credit cards, government loan programs, etc., to rebuild credit. Car loans are very difficult to get, yet credit is the only way to get reliable transportation for most consumers. Short term auto loans can be made for lower cost vehicles, but having no credit will make these sorts of hard to find.
|
| Read More |
|
Where to Buy a Car with Bad Credit
Posted 05/28/13
|
|
Bad credit can limit your options in car financing. While getting approved for a car loan is not that hard, getting a car loan at an affordable interest rate becomes more challenging. With a growing number of consumers living with bad credit, more lenders have relaxed their loan approval criteria. The increase in competition in bad credit car loans has had a nominal impact in interest rates leaving bargain interest rates largely in the hands of the consumer. Likewise, where the consumer chooses to get a car loan will directly impact where to buy a car with bad credit.
|
| Read More |
|
Very Bad Credit Car Financing
Posted 05/27/13
|
|
In the car financing industry there are only four categories of risk among borrowers: Prime credit which is perfect to good credit, non-prime credit which is where average borrowers fall, subprime credit which is referred to commonly as bad credit, and deep subprime which where people with very bad, or no credit land. Very bad credit borrowers are identified as people with credit scores below 550 on the FICO scoring range. At this point, in spite of all the advertising, most lenders will reject a bad credit car financing application. The reasons are simple: Most people with credit this bad have had at least one instance where a debt went into collections – or have a repossession on their credit record.
|
| Read More |
|
|
|
|
|
|
|
|
|
