New Credit Scheme For Car Dealers- The No Credit Check Car Loan

In this video I cover an article entitled: ” What Are No Credit Check Car Loans“. Here is the link: https://www.jdpower.com/cars/shopping-guides/what-are-no-credit-check-car-loans

It seems car dealerships will go through great lengths to get you in a car. This new no credit check car loan gives new meaning to a term used by Car Salesman’s “Ass In Seats”.

Now if you have credit challenges and you desperately need a car the no credit car check loan could be a possible option for you. However buyer beware, because with no credit checks that more than likely means high interest rates for you as a consumer.

In addition a no credit check car loan also means you are not building up your credit rating since they will not count your payment towards your credit history.