Auto Loans after Foreclosure in Knoxville, TN
Foreclosure is one of the more difficult things someone could potentially have to deal with. If you are unable to make your mortgage payments, you stand to lose your home. Once this happens, your credit score is adversely affected. It’s incredibly difficult to qualify for Auto Loans after Foreclosure in Knoxville, TN, which can mean not being able to get that new, better car you and your family needs. This is why Farris Motor Company, located in Jefferson City, is proud to offer guaranteed approval for those seeking auto loans, regardless of their past credit history. If you have had to foreclose on your home, yet are in need of an auto loan, head on down to their dealership to get quick and easy financing.
Impact of a Foreclosure
A foreclosure appears on your credit report and, unfortunately, has the potential to damage your credit score. Mortgages are considered to be one of the safest ways to build credit, but they are also one of the largest debts a person can typically have. This is why, when you are unable to make payments, it causes a significant drop in your credit scores. When your credit score plummets like that, it can be hard to get Auto Loans after Foreclosure in Knoxville, TN. Most financial lenders are hesitant to lend to someone with a lower credit score, as the borrower is seen as being a high-risk client.
Dealerships and companies like the Farris Motor Company, however, are more than happy to help you get back on your financial feet and rebuild your credit scores.
Approval for Auto Loans after Foreclosure in Knoxville, TN
Getting approved for Auto Loans after Foreclosure in Knoxville, TN can be a lot like running an obstacle course. Lenders raise your interest, have endless stacks of paperwork for you to fill out, or simply turn you away when they see your credit score. That’s why Farris Motor Company is here to help.
At Farris Motor Company, they make things easier on you by giving you a fast and simple way to get approved today. Just fill out the Farris Motor Company financing application online – it only takes 30 seconds. – and you will have just taken the first step toward owning your dream car.
Farris Motor Company in Jefferson City is a car dealership that works for the people. They believe everyone is created equal, and deserves second chances at getting loans, regardless of their past credit history. Helping people with credit issues get approved for the car they want, or the vehicle they need, is what the finance team of Farris Motor Company specializes in. For years, Farris Motor Company has helped lots of satisfied customers from local communities like Mascot, Newport, Sevierville, and Pigeon Forge. Let them help you, too, by coming on down to their dealership located at to 246 E. Broadway Blvd., Jefferson City, TN 37760 to get approval for Auto Loans after Foreclosure in Knoxville, TN today.
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