San Fransisco, CA — (SBWIRE) — 10/11/2012 — The recent economic turmoil has plunged millions of families into financial difficulty. Because of the poor economy, some hardworking people have been forced to let their credit ratings suffer in order to keep their families fed – or to stay in their homes.
People who suffer from a bad credit rating often find it difficult or prohibitively expensive to get a loan for a vehicle. BuyingCarsWithBadCredit.com has been getting a lot of attention from consumers due to its quality editorial content on how to secure funding even with a poor credit history. The site features a variety of tips, tutorials, and cost-savings information that is specifically targeted to consumers with bad credit who need vehicle financing.
A spokesperson explained the genesis of the site:
“We believe that most of the financial institutions are turning their backs on good people just because they have bad credit. We understand that anybody can have financial hardship which can cause credit ratings to dip. We believe passionately that locking people out of credit, particularly for cars, only makes the situation worse. Without a car many people can’t work so access to finance is vital. If the government and major finance institutions weren’t going to help the public or give them solid advice then we decided would fill that knowledge gap, from this the site was born.”
The site recommends specific established lenders who specialize and are happy to work with customers with bad credit. Along with offering direct links to affordable bad credit auto financing, the BuyingCarsWithBadCredit.com offers information about a number of other related topics. A spokesperson for the website explained how the website seeks to help visitors:
“We offer more than just links to auto financing services for consumers who are interested in buying a car with bad credit. Our website is also filled with tips about buying a vehicle, rebuilding credit, and maximizing the value of a traded vehicle. We also offer a glossary of terms that visitors will encounter as they discover how to buy a car with bad credit.”
The sites editorial content also details the advantages of working with an online bad credit auto financing firm. Those benefits include the flexibility to obtain a loan for both new and used vehicles, as well as the ability to obtain a loan with no money down.
In many cases, those who apply to the bad credit auto financing firm will also be approved on the same day they apply – often within just hours of submitting an application. In fact, BuyingCarsWithBadCredit.com state they can even help prospective vehicle owners who have undergone a bankruptcy over the past seven years.