Monday 28 November 2011

How to Lease a Car with Bad Credit



It is a fact that even persons having bad credit record need cars for mobility. Since car dealers cannot ignore this segment, we have a number of car dealers and manufactures who have special lease offers to cater to these people.

In the event of your having a bad credit and yet you desire leasing a car, the first thing to do is to obtain a copy of your credit score and report. By requesting the credit reporting agencies, go about cleaning up the credit report as far as possible through removal of items which are fact.

View sample leases over the Internet and then find a large car dealer for, it is they who do maximum business in car leasing and are able to provide leases for those not having ideal credit report. Having located a likely dealer, fix up an appointment with the finance director. On meeting him, show him your credit score but ensure that he does not go about checking your credit rating till you have finalized a deal. You may have to visit several dealers to be successful. Always ensure that you have ample cash for down payment since it would be more than a person having a sound credit rating.

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