We make the loan process easy!
If you can answer YES to these four questions, we GUARANTEE we can approve you for an auto loan.
- Do you make at least $1,800 per month?
- Have you been at your full-time job at least 6 months?
- Have you lived at your residence at least 6 months?
- Has your bankruptcy been discharged?
Obtaining automotive financing has never been this easy!
- No Money Down Programs
- Personalized Service
- One Stop Shopping
- Convenient
Pay Your Bills On Time!
This may seem like common sense, but experts estimate that 35% of your credit score is based on paying your bills on-time. Being responsible and repaying your debt on-time is the single most important factor in rebuilding your credit. If you have fallen behind, call your creditors and see if they will work out payment arrangements with you.
Don’t Get Overextended
Lenders advise that keeping a high debt to income ratio will adversely affect your credit rating. You should lower your debt ratio to below 45%. That is, reduce your balance on all revolving credit accounts to below 45% of the available credit limits.
Refinance your auto loan.
The best way you can begin to build or rebuild bad credit is to get more credit to refinance your high-interest auto loan. Remember, you can't get or improve your credit, if you don't use credit. Once you have the credit, your proper use of it puts you on the way to improving your score.
Loan Customers
Arriving at the dealership with financing already in place can save a significant amount of time and money. Virtual Lending Source has given thousands of car buyers the freedom to buy the car they want. Learn More...
Dealer Programs
If you are an independent or franchise dealer, Virtual Lending Source's products and services can help you put more customers in the driver seat.
We are always on the cutting edge, using the latest technology to combine automotive financing, lead generation, credit reporting, and electronic application submission.
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