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Auto Loans after Default in Knoxville, TN

 

Auto Loans after Default in Knoxville, TN

Even the most fiscally responsible person sometimes has things occur that prevent them from making timely payments on their loans. When this happens, you may end up having to default on a loan, thereby being officially unable to make an agreed upon payment to the financial lender that lent you the money for the purchase, loan, or credit card.

This becomes part of your credit history and, unfortunately, it can be quite difficult to get Auto Loans after Default in Knoxville, TN. Farris Motor Company in Jefferson, on the other hand, is far more understanding than most financial lenders. They understand that things happen, which is why they virtually guarantee approval for the auto loan you need in order to get the Chrysler, Dodge, Jeep, or Ram car, truck, or SUV that you want.

Auto Loans Impact


Failing to make an agreed upon payment to the finance company that lent you money is referred to as a default. There are numerous reasons as to why this non-payment may occur, but finance companies are not always understanding. Defaults become part of your credit history and, as a result, affect how your credit score is calculated.

Defaults stay on your credit history for up to seven years. During this time, it can be incredibly difficult to secure any traditional financing. Even once that seven year period has passed, it can still be hard to get Auto Loans after Default in Knoxville, TN. This can put you in the category of "bad credit", which means the interest offered on loans are much higher than they would be otherwise.

Approval for Auto Loans after Default in Knoxville, TN


Getting approved for new Auto Loans after Default in Knoxville, TN is usually a difficult feat to accomplish, since most lenders make you jump through a series of hoops just to end up with a high interest rate. Farris Motor Company, however, makes things easier for you by offering you a fast and easy way to get approved from the comfort of your own home. Just fill out the Farris Motor Company financing application on their website, and you will be on your way to getting the new car you need.

Farris Motor Company has a dedicated team that strives to see you in a new and better car at a rate you can afford. That journey starts with a realistic finance application, which is something they are more than happy to offer you. They will get you approved as soon as possible, in an easy and stress-free way. It all starts with one simple, 30-second application.

Farris Motor Company offers financing options for new and used Chrysler, Dodge, Jeep, and Ram cars, trucks, and SUVs. With their outstanding customer service and strong dedication to their customers, they have helped drivers from local communities like Mascot, Newport, Sevierville, and Pigeon Forge. If you are looking for approval on Auto Loans after Default in Knoxville, TN, then Farris Motor Company is the place to go. Let them put your dream car into your driveway by heading on down to 246 E. Broadway Blvd., Jefferson City, TN 37760 today.

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