Monthly Archives: July 2018

How To Get Best Deals Car Loans, Even With Bad Credit

United Auto Credit  are one of the leading and most well-established nonprime or sub-prime lenders in the car market.

Based in California with a mailing address in Fort Worth Texas, but available to dealerships and customers throughout the United States.

Their website stresses that they have a number of programs specifically tailored to people who are likely to have problems repaying loans, such as the first time buyers program and welcoming people who have been bankrupted.

It is pretty clear that the intent is to reach out to people who have bad credit, and try and make themselves approachable and welcome.

Whilst this is obviously of value, it should be remembered that at the end of the day it is about money.

Any lender is looking to make money out of their client, and a warm and fuzzy approach should not be mistaken for any kind of kindness or weakness.

United Auto Credit -Phone Number

Dealer Support – 866-504-2133

Customer Service – 888-895-6134

Payoff Quote 888-895-6134

Title Questions – 888-376-7149

Employment Enquiries – 800-694-1800

Customer Service – 1-888-895-6134

There is also a live chat facility on their website

United Auto Credit – Account and Login

Customer enrolment is a key element of being able to manage your account. In order to  and roll online you will need your 17 digit account number, your Social Security number and your date of birth. You will need to set up a username and password and email address etc.

Once the account is set up and you have logged in, you will be able to access all your financial details, such as the different type of payment options you have, moving to paperless billing if you prefer, be able to sign up for automatic payments, view past and current statements of account etc.

United Auto Credit – Payment Methods

United Auto Credit as a number of different payment options, some of which are free and some of which they charge for.

Automatic Payments – Free. This is where payments are deducted automatically from your bank account each month, and in theory this work as a simple direct debit.

Checking/Savings Account ( ACH) – Free. This seems similar to the above, but is done in combination with ACI Universal Payments

Card Payment – $5.95.  This allows for a one-off payment by credit card such as Visa or MasterCard, which would  obviously need to be done every time a payment was due.

Pay By Mail –  PO Box  660017 Dallas TX 75266.  This is the more traditional payment method for a number of people, especially those who don’t like to use online banking or payment systems.A monthly billing statement is sent out customers, with a request for payment be returned within five working days of the due date.

It does not say if there is a late payment charge and this is something that should be checked as it does quite often apply.

ACI  Automated System Phone Payment – $5,95

Customer Service Phone Payment -$7.95

Western Union Quick Collect – $12.99 – note on websites that fees may apply

Check Free Pay –  prices vary by agent

ACE Cash Express – $1,50

Moneygram $ 13.99 –  in addition other fees may apply.

Please note all prices and  information current as at June 2018

United Auto Credit – Dealer Portal

United Auto Credit have a dedicated dealer portal which they refer to as their fast lane program. It gives dealers access to all information they need, including the most basic funding document check list.

This includes items such as a copy of United Auto Credit approval or condition notice, a credit application, a simple interest retail instalment contract, a signed copy of Bill of Sale, a signed copy of title acquisition, a signed copy of an Odometer Disclosure Statement, a used-car book sheet, proof of insurance and five complete references.

United Auto Credit – Repossession

No one likes the idea of repossession,and often it is one of those subjects that no one talks about. In the world of auto credit that is a big mistake. If you fall behind with payments or cannot make them, contact United auto credit immediately and talk to them about the problem. There may be ways of resolving it without the need for repossession. Repossession not only increases your debt level, but also has an adverse effect on your credit score which if it is bad enough to use United Auto Credit in the first place will simply get worse.

United Auto Credit -Payoff

United Auto Credit by a payoff telephone number and address that you can ring or write to and get a quote as to what it would cost to pay off outstanding loan. Bear in mind that most loans are structured in such a way if you pay them off early there likely to be a heavy penalty charge.

This  penalty charge should be spelt out in the initial contract. It may be better to look at the possibility of refinancing the loan with another lender as United Auto Credit currently do not refinance.

United Auto Credit – Reviews

As with many types of businesses, you never really know how good their customer service is, or how efficient they are until you run into a real problem. One of the ways round this is to look for reviews of both the customer service and overall approach to customer care.

The problem with reviews generally is that they either tend to be written by people on half of the company, or by angry customers who have either been treated unfairly, or who are just annoyed with not getting their own way.

Either way, reviews are not ideal but if you can find some relatively unbiased source of information that should give you some insight into how the company operates. Online forums are a good place to start, as is the local Better Business Bureau.

Auto Credit Express – How To Get Best Car Loans

Auto Credit Express is a company that caters to what it terms special credit needs.

This really means it is a company that specialises in sub-prime loans for cars and trucks for people who have bad credit or a poor credit history.

They are based in Michigan and operate a distinct business model.

They invite  potential  customers to use an on-line application form, in which they say that once completed a dealer who lives near the applicant will contact them and invite them to the showroom.

It sounds a bit like an interview, but is certainly a business model where they retain control over who is able to apply for a loan and isn’t.

Perhaps the one downside to this type of model is that when invited into the dealership, the type and range of vehicles available to buy will be determined by the dealer, rather than the other way round.

It puts a loss of power into the hands of the dealership in determining which car or truck the customer is able to buy.

Auto Credit Express – Reviews – Better Business Bureau

People turn to reviews of Auto Credit Express to try and get some type of independent assessment of how trustworthy they are or not.

As mentioned above, reviews can be a tricky area to navigate in terms of independence and simply people mouthing off because they did not get what they want.

Having said that, the Better Business Bureau does carry a number of favourable reviews and comments from satisfied customers that appear genuine. This is not a guarantee of anything, but can give some level of guidance.

Quite often reviews can point up favourable or unfavourable elements of a company that you might not otherwise have.

The best source of any review some type of government or state analysis of a company, in terms of its financial health and its adherence to legal and statutory obligations.

Be on that it is going to reviews on car sites, forums and any bad credit website that seems relatively independent in order to try and find out a bit more information.

Whilst people look to reviews, the best they can do is highlight the reality of how the company operates.

Some people had good experience for them, the people not so good experiences. Some of this without a company  or its employees, others will be down to the customers.

The more you know about a company and how it operates the better able you are to make an assessment of  whether or not it had the right company for you.

Auto Credit Express Dealers

This is perhaps the biggest drawback of Auto Credit Express, that you cannot contact their dealerships directly.

It inverts the whole process of car buying, and puts much more power in the hands of the dealer. You have to apply through the auto credit  express website before a dealer will then contact you.

Whilst in practice this may suit a number of people, it does mean that a customer is much more liable to have their choice of cars extremely restricted as they will have to go through a particular dealership first, and then decide what: they want by rather than the other way round

When visiting a dealership for the first time, you will need to have a certain amount of information with you.

This will include your current pay stub or payslip, a W – 2 form, a current bill with your name and address on it, possibly two or three, any bankruptcy discharge papers that are relevant, a valid drivers license, a number of personal references, any proof of title to a car you are looking to trade in and proof of insurance.

Contact Details

Auto Credit Express , 3271 Five Points Drive, Suite 200, Auburn Hills, MI 48326

Phone : 866-902-4403

Express Credit Auto – How To Get Best Car Loans

People often get confused, unsurprisingly, between various companies that use the name Auto Credit or Auto Credit Express etc.

Express Credit Auto is an independent dealership based in Oklahoma, which does not seem to specialise particularly in bad credit, although it does say on its website that it can cater to anyone with any type of credit.

It is a fairly standard dealership offering a wide range of models and service, including financial and credit applications.

It has five locations in Oklahoma, two in Oklahoma City.

If you know which particular model you want, it is a good idea to check with them beforehand whether they have the particular type of car you want at any of the locations not simply the one that you contact.

North Oklahoma

4810 N.W. 39th Street
Oklahoma City, OK 73122
Phone. 405.792.2280

South Oklahoma

1 W. I-240 Service Road
Oklahoma City, OK 73139
Phone. 405.632.0090

Norman

343 N. Interstate Dr.
Norman, OK 73069
Phone: 405.801.4060

Midwest City

9014 S.E. 29th
Midwest City, OK 73150
Phone. 405.455.7773

Tulsa

4215 S. Memorial Drive
Tulsa, OK 74145
Phone. 918.591.2700

Premier Auto Credit – How To Get Best Car Loans

Premier Auto Credit is a fairly major player in the bad credit/sub-prime lending market, although it appears from the website that their lending and dealership network is confined to California.

There is a lots of detail on their website about how caring and thoughtful towards customers, and a number of testimonials supporting that.

Helpful though that may be, it should be remembered that the sub-prime auto market can be a fairly cutthroat business, and whilst it is  in their interest to attract customers, their objective is to make money out of them.

Nothing wrong with that, but potential customers or anyone with bad credit is essentially quite vulnerable.

Contact Details

6502 Van Nuys, Blvd.
Van Nuys, CA 91401
(818) 881-1234

Other Contact Numbers include

Customer Service
(818) 881-1234

Payoffs
 (818) 881-1234

Insurance Claims & Impounds
 (818) 881-1234

Titles
 (818) 881-1234