Wednesday, September 19, 2007

How to 100% finance a new car the smart way

Step 1
If you have bad things on your credit report you will want to get your credit repaired first. This company will fix what ever is wrong with your credit and have the bad items removed legally. Not many people know that you can do this. Go to www.ezcreditcardcenter.com and find credit repair in the main menu.

Step 2
Apply for a balance transfer credit card at that same site www.ezcreditcardcenter.com and make sure you are approved for at lease 10% of the cost of your new car. If you are not ask the credit card company if they can raise your limit so you can buy your car. When you get your checks write one to yourself for your down payment and deposit this in your bank account

Step 3
Get pre approved for a car loan at www.credit.com now that you have the money to put 10% down with your new credit card. Strech your loan out to at least 60 months. This is becuase you will want to pay off the credit card you used for you down payment first.

Step 4
Now you can go to buy your car and deal like a cash buyer at the dealers. But really your 100% financing and getting treated like gold becuase it doesn't look that way. It pays to finance this way. You get better interest rates on your auto loan when you have at least 10% to put down on it.