by Rhett Butler
The BEGINNING of car credit ninja
My goal is to make buying a car with bumped and bruised credit as efficient and as painless as possible all while educating our clients and making it an enjoyable experience again, rather than a dreaded one traveling from dealership to dealership spending valuable time only to be turned down because you don't have qualified credit. With the advancements in technology and information at our fingertips, buying a car should be as easy as clicking on a computer screen and have it delivered to your driveway with paperwork ready to sign if you so choose to keep it. That's how your favorite celebrities are buying their cars, why should it be any different with you? Just because you have bad credit? I don't think so.
Now I'm not sure where you stand right now with your credit but if you were like me five years ago I would have thought I'd never be able to borrow money again. I've found that an auto loan can surely help you rebuild or establish credit if it is used correctly.
On the other hand ruining your credit is very easy. It is easy to get overwhelmed with Interest or miss a few payments that could lead to a repossession. Even a divorce could even harmful, we have all been there. Actually probably more have been there than you think. Experts say about 56% of americans have less than desirable credit. The nice thing about these experiences is that we are able to learn from our past mistakes and change our behavior to get back to credit freedom. If I can do it, so can you!
My name is Rhett and I am the founder of CarCreditNinja.com. When I was 18 years old I took out a few deferred student loans and went to college because that's what I was told I should do. Well I quickly learned these new loans granted me with a credit score allowing me to make purchases without any upfront cash! Ironically enough I found this out applying for interest free financing at a high end car audio retailer. After maxing that line of credit out I went on to open other credit cards, bought a new car and spent well beyond my means for months and years. Which was great in the beginning but it all soon caught up to me giving me a lifetime of problems in the end. My credit was shot.
After deciding I wasn't going to have bad credit anymore I started studying the best ways to fix this problem. Knowing the ins-and out of why it affected me so badly. How to save money and prepare for a down payment. And finally how to acquire financing for a vehicle at the best terms possible being in a situation with bumped and bruised credit.
This intrigued me because there is so much involved with securing financing for another vehicle after a repossession, or a bankruptcy. Educating myself on finding the best ways and utilizing the big bankers guidelines and terms to find financing for vehicles. Here at Credit Ninja we use methods which are not typically used today at your "modern" dealer. That's why there is so much frustration in getting qualified, because these dealers have the process backwards. There needs to be a different course of action to make car buying in this situation easier and less time consuming. And I believe here at Car Credit Ninja, we have found the easiest most efficient way ever to purchase a car with bumped or bruised credit.