Good Fellow's Auto Wholesalers

4 Tips for Getting Approved for a Bad Credit Car Loan

Do you feel like you can’t get a vehicle when you have bad credit? We are here to tell you that many people are in the same situation. It can be harder to get approved when you have bad credit, but it is not impossible. Let's go over some strategies and advice on how you can go about getting the vehicle you want when you have bad credit.

Improve Your Score Before Shopping

Rebuilding your credit is not something that happens overnight- it can take years. But you want to start sooner rather than later. To lower your debt utilization ratio, you can pay off outstanding debts. You are also going to want to avoid opening any new credit accounts until after you get your car loan.

Learn More: https://www.goodfellowsauto.com/tips-getting-approved-for-bad-credit-car-loan/

At Good Fellow's Auto Wholesalers, we understand the challenges that bankruptcy can bring. However, our team specializes in bankruptcy auto loans and our team is here to help you. If you are looking to go from bankruptcy to car ownership, allow our team to assist you.

In our recent blog post, our team defines bankruptcy and shows how our solutions can help one to achieve a bankruptcy car loan. Check it out through the link below and direct all of your questions to our team.

Read More: https://www.goodfellowsauto.com/how-go-from-bankruptcy-to-car-ownership/

Do Car Loans Help Build Credit?

When it comes to the relationship between credit scores and car loans, this relationship is extremely intricate. Since there are many ways that each one can affect the other, our team at Good Fellow's Auto Wholesalers has put together this blog post to help you understand. The basic understanding is that if you are responsible for managing your finances, your credit score can be increased by good behaviour but, if you are late on your payments or don't pay in full, this can affect your credit negatively. To get a better understanding, continue reading this guideline.

How Car Loans Influence Credit
When you make payments on time and in full, having a car loan can actually strengthen your creditworthiness and make you a better candidate. While this is true, you also need to be prepared that when you apply for credit, your credit score will take a slight dip. Inquiring about your credit has a negative effect on your score, and as long as you don't do it too much, the effects are only temporary. Whether you are applying for a mortgage, student loan, personal loan, or car loan, you can expect this to happen.

On the other hand, as we have mentioned, obtaining a car loan provides you with an opportunity to build a stronger credit profile. Each on-time payment made in full towards your car loan adds a positive mark to your credit history, showcasing your ability to manage credit responsibly. If you are able to create a pattern of on-time payments in full, you will be on the road to enhancing your creditworthiness.

How Our Used Car Dealership Can Help
If you are looking to obtain a reliable bad credit auto loan, our team at Good Fellow's Auto Wholesalers would be happy to assist you. Our team can help you navigate the complexities of auto financing and walk you through what you need to know to secure a used car with a car loan. Visit our website today to browse our used car inventory or make a visit to see our dealership and greet our friendly staff. Our dealership looks forward to working with you - make an appointment by giving our team a call at 1 (855) 581-9590 today. We have a friendly team of sales staff and financing staff who are on board and ready to assist you.

Learn More: https://goodfellowsauto.medium.com/car-loans-how-do-they-affect-my-credit-bd2b4bef2f55

How to Get Approved for a Car Loan with No Credit or Co-Signer

No Credit? No co-signer? No problem. Our used car dealership provides Car Financing solutions for everyone. Here at Good Fellow’s Auto Wholesalers, we strive to assist every client in getting approved for a car loan no matter what kind of credit situation they are in. If having no credit or no co-signer applies to your situation, our team has put together a few options for you to consider.

Increase the Down Payment
When a large down payment is used to secure a car loan, there is less liability on the client and a dealership may be more inclined into providing an approved car loan without credit or a co-signer. This commitment to the purchase may be enough for a dealership to increase the chance of approving the financing request.

Read More: https://www.goodfellowsauto.com/get-approved-for-car-loan-with-no-credit-co-signer/

Used Ford Escapes for Sale at Our Dealership

Also serving North York, Mississauga, Etobicoke, Brampton, Hamilton and Ontario
The Ford Escape is practical and comfortable with a classy interior and plentiful cargo space. The Escape not only has a smooth ride, but it also has excellent handling and comes in a variety of models, making the Escape ideal for many lifestyles.

2021 Ford Escape Review
2021 was an exciting year for the Ford Escape! If you are thinking about getting a Ford Escape, the 2021 model is a strong contender. This year, the hybrid powertrain expanded to the SE model, SEL model, and has become standard on the Titanium model. In addition, the Co-Pilot360 Plus package received a traffic sign recognition feature, an adaptive cruise control feature, and a power light gate. The driver’s seat also received a few upgrades including memory seat settings and 10-way power adjustments. Furthermore, there is a new design for the 19-inch wheel that is an option on the Titanium model. If you are looking for a vehicle that can provide you with a smooth ride quality, comfortable seating, and a good amount of cargo space, the 2021 Ford Escape might be right for you.

Learn More: https://www.goodfellowsauto.com/used-ford-escape/

2019 Nissan Rogue For Sale | $22,999 + Tax & Lic

If you are looking for a quality used vehicle, look no further than our used car dealership. Good Fellow's Auto Wholesalers has this black 2019 Nissan Rogue for sale with 108,620 KM. Features include:

- Heated seats
- Bluetooth
- Blind Spot Assist
& More!

To book a test drive, contact our team today.

Learn More: https://www.goodfellowsauto.com/used-nissan-rogue/
Buy Now: https://www.goodfellowsauto.com/inventory/2019-nissan-rogue/10031289/

2019 Shiny White Ford Escape in Toronto, ON

Looking for the best SUV crossover for yourself/your family? If so, we have got the perfect solutions here at Good Fellow's Auto Wholesalers. With a wide selection of amazing vehicles, all with different models, makes, builds and more, you can find the right car solution for your needs.

Take for example this beautiful Ford Escape- with just 123,385KM mileage, this gorgeous ride could be a part of your collection for only $22,999 (excl. licensing + tax)! Some of the great features it comes with includes:

- Driver Air Bag
- Passenger Air Bag
- Traction Control
- Heated Mirrors
- Rear Window Defrost
- Rearview Camera
- Fog Lights
- Security System
- Air Conditioning
- Cruise Control
- Keyless Entry
- And More!

How We Can Help

When you require the best Used Ford Escape (https://www.goodfellowsauto.com/customer-resources/used-ford-escape/) for your auto needs, our professional auto team is here to help. To learn more about our affordable used car deals/auto financing services, be sure to visit our official website linked below today!

Learn More: https://www.goodfellowsauto.com/inventory/2019-ford-escape/9857402/

Used Black 2018 Mazda3 for Sale in Toronto!

We have this beautiful black 2018 Mazda3 available for sale at our dealership! It is in excellent condition and could be all yours for only $16,999 (+ tax & licensing)!

Some features include:

-Rearview Camera
-Bluetooth
-Manual
-Keyless Entry
-Power Mirrors
-Traction Control
-Automatic Headlights
-And More!

If this is the perfect used car for you, make sure to contact our dealership today! Go to our website to learn more about it! Our Mazda’s sell fast, so don’t wait or it might be gone!

Learn More: https://www.goodfellowsauto.com/inventory/2018-mazda-mazda3/10031283/

How to Get a Loan in Toronto When You Have Bad Credit

There are many people who have bad credit. We want to discuss what you can do when getting a loan with bad credit.

The first thing is to plan ahead and start saving money for a down payment. The more you can save up, the better position you will be in. But if saving money for a down payment is not an option, you can always try and fins a reliable co-signer. Another thing to do is check your credit score beforehand so you know exactly where your credit score is. For anyone with bad credit, this means there will be more interest on their loan. If it is at all possible, attempt to increase your credit score before going out and finding a loan.

Read More: https://goodfellowsauto.medium.com/toronto-bad-credit-auto-loan-a6b2d329c22

GREAT DEAL | 2019 Ford Escape

Ready to start your used car search? Good Fellow's Auto Wholesalers has a quality and affordable vehicle for you to consider.

A white pre-owned 2019 Ford Escape. This vehicle is selling for $22,999 +Tax & Lic and with 123,385 KM.

To book a test drive with our team, contact our friendly sales department today! Our team would be happy to walk you through the features of this car and what your financing options are.

Learn More: https://www.goodfellowsauto.com/customer-resources/used-ford-escape/