If it has come time for you to make your next vehicle purchase and you have pulled your credit only to realize that it will not justify you getting a loan you are probably freaking out. Luckily for you though that is not going to be an issue since there is another aspect of your life that can work as your credit. If you have been worrying then it is likely that you have never heard about your job is your credit auto loans, and for many people with bad credit they have been god-sends.
How to Use Work as Credit
Your credit is there as a track record of your payment history. So it has to be shown to potential lenders so they know if you done a poor job at making payments whether it has been on previous loans or bills in general. The bottom line with most lenders though is they just want to get paid and as long as you can prove that you have a steady source of income they will be willing to overlook many of the bad marks on your credit report.So if you have applied to your local bank it is likely that you have not had much success. FundingWay.com though will find you the lender in your area that is more than happy to use your job as your credit to get you approved for a car loan. We get that with your credit score things can happen and so do the lenders that we work with and that is why they are happy to use your job as your credit for a loan on a car.