Get Approval From The Right On The Spot Finance Dealer

Approval - it's a basic human need. We all want it in life, in every shape and form. And our ability to receive it is usually dependent on a second party. This concept remains true in the financial world as well.

Many banks and large car dealerships are not shy about turning you down for a car loan. If the banks don't like the looks of your credit, your loan is rejected. So sometimes it can be tough to get approved. The bank's focus is on making money and protecting themselves from even the smallest possibility of financial loss. This mentality is what drives them (no pun intended). The same is true for large car dealerships. They just want to put you in a car then fill their pockets. They don't care whether or not you can afford the payments.

Then, we have the on the spot financing (or buy here, pay here) dealers. A few are good to work with, while others can be poor to work with. But don't worry, there are some less judgmental, more accepting, honest and caring buy here, pay here dealers out there. And they want to approve you, for the right reasons. In fact, one dealer in particular proudly states that they will help you get approved in a matter of minutes! They will do everything they can to work out an agreement that works for everyone. But these positive attributes don't necessarily apply to every dealer.

Many dealers' only interest is in taking advantage of good people who have run out of financing options because they just happen to have bad credit. Some of these on the spot finance dealers will do little to benefit you; their focus seems to be solely in their own best interest. These subpar dealers claim to report your on-time payments to credit bureaus, but will only do so when you miss or make a late payment, damaging your credit even more. They don't report anything that works towards your advantage, only your disadvantage. So even if you are making your payments on time, your credit score is not reflecting your positive actions.

Although fast and easy approval is a positive thing for many people, you should still exercise caution. You need to determine for yourself whether or not a dealer is offering quick approval for the right reasons. Are they approving you so they can take advantage of you? Or are they approving you because they want to help you?

CarHop has store locations in twelve states across the U.S. and specializes in helping car buyers with poor or no credit get approved for financing to get them driving again fast. Every CarHop vehicle includes an 18-month, 18,000 mile limited warranty at no extra charge. CarHop is now in its 15th year of pursuing its mission of "Helping People Drive®." For more information, please visit http://www.carhop.com/.