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Archive for January, 2012

bad credit auto loans with no down payment

Fastrack Auto Loan have been catering the entire US with hassle free auto loan through its’ online submission platform. we  specializes in bad credit auto financing options with no down payment. We work with a network of nationwide dealers and lenders.

Apply for auto loans in these states Alabama, AK, Alaska, AZ, Arizona, AR Arkansas, CA, California, CO, Colorado, CT, Connecticut, DE, Delaware, FL, Florida, HI, Hawaii, ID, Idaho, IL, Illinois, IN, Indiana, IA, Iowa, KS, Kansas, KY, Kentucky, LA, Louisiana, ME, Maine, MD, Maryland, MA, Massachusetts, MI, Michigan, MN, Minnesota, Mississippi, MO, Missouri, MT, Montana, NE, Nebraska, NV, Nevada, NY, New York, NH, New Hampshire, NJ, New Jersey, NM, New Mexico, NC, North Carolina, ND, North Dakota, OH, Ohio, OK, Oklahoma OR, Oregon, PA, Pennsylvania, RI, Rhode Island, SC, South Carolina, SD, South Dakota, TN, Tennessee, TX, Texas, JT, Utah, VT, Vermont, VA,Virginia, WA, Washington, WV, West Virginia, WY, Wyoming, Wl, Wisconsin, DC, Washington D.C.

Fastrack Auto Loan  is the only way to get the best affordable deals in the market with features like

*Low interest rates,

*Low down payment

*Genuine dealers to contact you,

*Bridging the gap between customers and lenders,

*Get pre-approval

* And last but not the least to ensure that the eligible customer gets the loan approved within no time.

It is a hard and sometimes impossible task to get a regular loan from banks or credit unions to buy a new or used automobile when you have a poor credit score. Even if a lender does offer you a loan, the interest rates charged may be so high that you may not be able to meet the expense of the loan. In these circumstances, auto loans for bad credit prove very helpful.

There is a higher risk for the lender offering auto loans for bad credit than a traditional lender as the borrower has a poor credit history, previously having failed to fulfill some financial commitments.Buying a used car instead of a brand new one allows you to fund the purchase with a smaller loan that also puts a much smaller monthly burden on your finances.

People who are looking to buy a new car but have a poor credit score that prevents them from getting a regular loan can benefit greatly from opting for pre-approved auto financing for bad credit. This makes the loan shopping and car purchase process much easier.

Pre-approval is based on various factors. Your current income and credit history are two of the most important factors that are considered. Other than these, your lender may also ask for an estimate of your total disposable income as this will disclose your repayment capacity. Every lender calculates the total pre-approval amount for a potential borrower using his own special formula that takes all these factors into account.

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Fastrack Auto Loan 2011 Auto Loan News

U.S. auto sales wrapped up a restless 2011 on a positive note, surging in the December dead end of the year, with Detroit’s automakers helping drive the overall market to its highest level since the start of the long economic downturn. It is all by fighting earlier concerns about a double-dip recession and further celebrating the Christmas month both for the customer and the automakers. The overall sales of new cars, trucks and crossovers increased by almost 10.2% during 2011, largely paced by a surge in demand for domestic brands. U.S. auto sales finished 2011 on a surge, as Detroit automakers all reported elevated sales figures during the last few weeks of last year.

U.S. new-vehicle sales are an early indicator each month of consumer spending, and the United States is the world’s second-largest auto market behind the competitor China. Automakers are headed for full-year 2011 sales of about 12.8 million vehicles, 10 percent higher than 2010. U.S. auto sales have been a relative bright spot, with many cash-strapped consumers forced to purchase cars and trucks to replace vehicles that have been on the road for more than a decade or even longer. The vehicles sales at the end of the year exceeded expectations as consumers shrugged off continued high unemployment rates and took advantage of large promotions and discounts.

Sales last month rose at 4.5 percent, 10 percent, and an enormous 37 percent gain respectively for GM, Ford and Chrysler. December’s figures underscores the automotive industry’s rebound in 2011, as overall vehicle sales gained 10 percent, the best year since 2008. They also represent impressive turnaround for GM and, both of which underwent bankruptcy restructuring in 2009. For the year, Ford sales increased 17 percent while Chrysler’s increased by 26 compared to 2010. GM finished the year up 14 percent. All three companies benefited from new models introduced last year.In the year end  GM increased the sales with the introduction of Chevrolet Cruze compact car, with a rise of 53 percent. Ford benefitted due to sales of Ford’s SUVs, including the new Ford Explorer. And Chrysler’s gains were driven by good results from its Jeep segment. “It’s been an unparalleled turnaround for the Big Three,” “Chrysler and GM have the American taxpayer to express thanks for that, but in the end, it’s been a good investment.”

Anyhow it is a happy ending for the auto industry and the beginning of New Year brings new hopes in the auto market. Happy New Year!

As Fastrack Auto Loan Will Keep You update on all yearly Market Reviews….!!

Are you dreaming to buy a car but unable to buy the car because of its expensive nature?

Many people even desire to have a car when they see their friend has one but they stop themselves when they realize that they don’t have the enough cash to have a car like their friend. Such things happen especially the salary person but travel in bus or waiting for a cab is too hectic in such a situation Fastrack Auto Loan can help you fulfill your dream to buy a car.

Finding auto loan for the people having bad credit is definitely need an art. Because as time changes financial rules of the bank changes for poor credit people and it makes it sometime much harder to find the suitable vehicle they need. But you don’t need to worry because Fastrack Auto Loan has all the solutions for it. If you are looking for a bad credit auto financing visit us on www.fastrackautoloan.com  and see yourself closer to your dream in getting a car financed.

We are not just using our words to win your heart this all happened because of our expertise in helping people with bad credit auto loan. We work with nationwide dealer network and there is nothing that we cannot do to help the people get their dream car regardless of the credit history. Few easy steps to apply and get auto loan financed through Fastrack Auto Loan which is simple and time saving applying with us is absolutely free.

• It’s Fast, Easy and Secure.

• One Page Auto Loan Application – Apply in Seconds

• No Cost – No Obligation!

• Both New and Used Car Loans

• Bad Credit? No Problem! Our Dealerships Work With All Credit Types.

• Available in All States

Fastrack Auto Loan even offers instant access to low rates, quick approvals, flexible terms and conditions for all car types – new as well as used cars – Auto Loan Finance, the best option for you and your car financing needs.

Apply today and get your dream care home as Fastrack Auto Loan is waiting for you. 30 second application will change your dream to reality.