No Credit Car Loans, Utah: Utahns with Less Than Perfect Credit Turn to Paramount Auto Loans for Their Car Financing Needs

Today, several individuals in the United States struggle with bad credit problems.

North Salt Lake, UT (prHWY.com) August 9, 2012 - Today, several individuals in the United States struggle with bad credit problems. According to a U.S. Public Interest Research Group report, 1 in 4 credit reports have serious problems that can severely hurt an individuals chance of getting a loan (Marotta, David. "Securing Your Credit"). Fortunately, a select group of bad credit/no credit used car loan companies provide the opportunity to get a car loan despite a poor credit score.

The Difficult Nature of Poor Credit

It can be very difficult to get an auto loan with bad or no credit. The majority of Utah auto dealers and auto loan funding companies look solely at an individuals car when considering their elegibility for a new or used car loan in Salt Lake City. Although it is highly preferable to have a good credit score in the world of auto loans, occasionally extenuating circumstances cause a decrease in the quality of an individual's credit.

Receiving a Car Loan and Fixing Your Credit

Although obtaining a car loan with poor credit can be difficult or seemingly impossible, there are a select number of Utah auto groups that look at other factors besides credit to determine eligibility for a used car loan in Salt Lake City. One such company, Paramount Auto in UT, helps several individuals in Utah with no credit or bad credit receive car loans. Paramount and other bad credit car loan companies realize that having bad credit or no credit can often result from circumstances such as divorce, bankruptcy, or not having an opportunity to establish credit. As a result, these car loan companies look at multiple factors, such as work history and bill paying history, when determining auto loan eligibility. By looking at these factors, Paramount Auto Funding is able to approve 98.6% percent of customers who work consistently and make an effort to pay their bills. Paramount Auto in UT also currently offers such individuals a chance to start fixing their credit or to establish credit.

###

Tag Words: no credit car loans utah

Categories: Loans

Press Release Contact
Paramount Auto Funding
Phone: 801-813-1238
Website: www.spectrumautogroup.com

Link To This Press Release:

URL HTML Code