ApprovedToDrive.us announced their release of a database of buy here pay here dealerships

Jan. 21, 2014 - PRLog -- 01/21/2014 --  ApprovedToDrive.us announced their release of a database of buy here pay here dealerships nationwide.  ApprovedToDrive.us is focused on servicing all those seeking Buy Here Pay Here car financing.

For anyone not familiar with Buy Here Pay Here car lots, they are special used car dealerships that can finance vehicles for any customer regardless of credit scores.  With buy here pay here financing, a given dealers uses in house financing directly without the “middle man” lender.  These third party banks often cause heart breaking denials. With the slow economy, the lending banks become picky about what credit score is accepted and how clean a customer’s credit history should be.  But without a bank, the dealership eliminates checking the credit score altogether.  No credit score checks mean more approvals for everyone.

Using buy here pay here financing does not get recorded on your credit history with the credit bureau.  This is because since the dealership never checks credit scores upfront, they do not deal with the credit bureau later on for the monthly payments.  So whether you make payments on time or late, your credit score will not be affected by buy here pay here financing.

With the database of nationwide buy here pay here dealerships available on ApprovedToDrive.us website, customers can see the addresses of available locations ahead of time.  However, this is not really necessary as the website has a built in application already established.  The application is meant to filter the dealerships in the network to match your financial situation with the dealerships in your region.  This is great as not all Buy Here Pay Here Car Lots are the same. For example, some accept every income while others accept certain income levels only.  Also, some need high down payments and some have zero down payment offers. Once you fill out your information and you indicate your estimated income among other things, you will be given pre-approval at the best fit dealership(s) closest to you.

The website http://approvedtodrive.us advices customers to use the application first as this saves time.  Instead of wasting time on dealerships that might decline them, having the pre-approval first is a great way to get a guarantee on time spent looking for vehicles.  Just remember that the better you income, the more expensive cars will be available for your choosing.  Loan amount approvals are often proportional to income of the customer.  Just bring along the proof of income when you head to the dealership.

Using buy here pay here financing does not get recorded on your credit history with the credit bureau.  This is because since the dealership never checks credit scores upfront, they do not deal with the credit bureau later on for the monthly payments.  So whether you make payments on time or late, your credit score will not be affected by buy here pay here financing.

For more information, feel free to go to http://approvedtodrive.us