Released on: September 1, 2008, 11:08 pm

Press Release Author: Peter

Industry: Automotive

Press Release Summary: Auto Finance EZ your one stop shop offers online auto
financing, auto financing on new and used both cars. Apply now for instant auto
finance also provides bad credit auto financing.Visit the site for more information:
http://www.autofinance-ez.com/

Press Release Body: A lot of people face problems buying themselves a new car and
very often, they have to put their hands on a used car. However, they will still
face problems such as tight credit checks in order to get auto loans. Under such
circumstances, there is only one solution available, which is to apply for an auto
loan for bad credit.

There is this myth among the consumers that you will not be able to acquire an auto
loan easily with a bad credit. The truth is a person with a bad credit does not
prevent him from getting an auto loan. However, such auto loans will be given only
if the person looking to apply for the loan is planning to purchase a used car.Such
transactions can take place easily as href=\"http://www.autofinance-ez.com/used_auto_finance.html\">Used Auto Finance
for bad credit is a form of secured loan.

There is little to no risk on the lender as the purchase deal documents will be
retained by the lender to allow him to sell the used car to recover the amount of
loan in case of any default. Credit checks will not be performed as the loan is now
secured. However, there are some risk on the lender as used cars might have a higher
depreciation rate and the competitive nature of the loan business will force the
lender to keep his interest rate low.

Before taking up an href=\"http://www.autofinance-ez.com/bad_credit_auto_finance.html\">auto loan for bad
credit, you are advised to only opt for a car in tip-top condition as a car in
bad shape will only lead to higher interest rates and the cost of repairs will
sometimes eat into your wallet. If there is some mechanical problems with the car,
get it repaired. If this is not possible, do acquire the car under a warranty.

Another tip on acquiring such loans is to conduct a research yourself on the fair
interest rates in regards of such loans. Some Internet services do offer
consolidated data on the amount willing to be offered by shortlisted lenders and the
interest rate that they will be charging. This will definitely help those who having
a tough time traveling around asking for loan quotes.

Also, do keep in mind that finding for href=\"http://www.autofinance-ez.com/bad_credit_auto_finance.html\">auto loan for bad
credit lenders can result in a few crooked lenders. With this in mind, take your
time to fill in some of your details to Internet services that will help you match
your loan profile with reputable auto loan lenders. Their service will allow you to
slowly browse through the list of potential lenders to make the best decision by
yourself. On some occasions, apart from providing such services, they do provide
free advices to help you make up your mind.


Web Site: http://

Contact Details: Add: 1,queen\'s street, Lower Manhattan, NY, US
Mail: autofinance007@gmail.com