Are you worried that your poor credit history will get in your way of getting that brand new car you need and want?

If so, don’t worry there are many people currently facing the same situation.  Too many Americans are now living what is being described as the great depression of our era. Thousands of families are dealing with the reality of job losses, rising foreclosure rates and economic uncertainty. Overall credit scores have declined and consumers are now more than ever looking for flexible auto financing regardless of credit.

If your credit has suffered in recent months and you need to buy a new car, don’t panic. You DO have options.  Let me clear up a very common misconception first. Many people wrongly assume that it is easier to qualify for a used car loan than a new car loan.  In actuality, the opposite is true.

It is harder to qualify for a used car loan than to qualify for a bad car credit loan? New car financing IS actually easier to obtain! This is because the dealers who sell you brand new cars get special financing terms from the motor financing companies that allows them both to make a rather large profit margin.

If you are in the market for a new car, and are concerned about your credit start shopping around. You will soon find that there are plenty of dealers waiting to hear from you.

Try an online thiscar loan quote service. This will save you considerable time, effort and even frustration.