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Of course, there are websites run by big insurance companies and they allow you to ask for quotes and even apply online. Problems with ease-of-use have been eliminated by insurance companies, but the whole idea remains the same. Auto insurance is a business where the companies want you to pay more, but they don’t want you to file claims. To save money and get cheap auto insurance quotes, you may want to consider these things.

Discounts

There are many ways to get discounts such as insuring multiple vehicles under one company, being a good driver for at least 36 months or more, etc.
One of the best tricks to be instantly eligible for discount is to include another driver in your policy.
Some big companies allow two drivers to use the same policy because they only drive one car, for example brother and sister or father and child.
It is important not to simply include just another name, but you have to add another driver who has good records. It does not matter if the other driver uses the car rarely.
This trick does not work sometimes, but it is certainly good to keep the deal smoothly goes and it probably can reduce premium too.
In most cases, the main policyholder is the one that drives the car more often or actually has possession of the car.
Fronting or deliberately putting the wrong name as policyholder is considered fraud and it can cost you insurance invalidation.

Keep Your Car the Way It Is

Another good way to get cheap auto insurance quotes is to install safety features such as anti theft device, airbags, ABS, etc. Insurance companies like safe vehicles, and they even offer discounts for well-protected cars. However, it is not recommended to modify your car in any way. If you have to add additional safety features, please purchase the optional features from the company or have them installed by insurer-approved car repair professionals.

Pick a Car Carefully

Car specification affects auto insurance estimate greatly. When purchasing either second-hand or brand new car, you may want to ask the seller about the insurance and do a little research online. The combination of features, engine size, and the overall car value is a determining factor in premium fee.

I saw a video that provided kitchen hacks for faster cooking. Spare time and high internet speed led me to a number of videos and articles that provided everyday hacks for making life simpler. That’s when I thought – Why not provide car buyers with bad credit auto loan hacks? And, thus this blog post began.

I have worked in the subprime auto financing industry for the past 6 years. I worked as a loan consultant for car buyers with credit issues. My experience taught me few things that could guarantee approval on bad credit auto loans. I am sharing it with you.

Smart Work is the Key

In today’s world, a smart worker dominates the hard worker. While getting approved for a bad credit car loan, you need to do the same. If you search at the wrong places, you won’t find your bad credit loan. You don’t have to try hard. Don’t go walking to every lender and bank in the neighborhood. Instead, log in to your computer and search for a lender who provides sub-prime financing. You will find many online auto financing companies that provide bad credit car loans. Research and choose the one that provides services in your city.

Your work doesn’t get over with finding the right lender. You still need to finish the following things for quicker approval.

File your Documents

Lenders need few documents to study your financial health. And, if you keep them ready, your loan process will get over quickly. Here’s what you will need to complete the bad credit car loan file:

1. Financial Statements

2. Recent Pay-Slips

3. Employment Verification Letter

4. Information about the Car, if you have selected any.

Any of these Things can help you

When you have bad credit history, any one of these things can help you in getting guaranteed approval. The reason is that these factors reduce lender’s risk. And, when you reduce the risk factor, lenders become comfortable in approving loan to bad credit customers.

1. Find a co-signer

A co-signer gives you power. With someone to back your loan application, it becomes strong. Also, lender becomes sure of getting back his money. This means lender will approve your loan request easily.

2. Spare some money for down payment

Down payment reduces the loan amount. It helps in showing your current financial stability to the lender. The lender will become tension-free when he sees that you can manage such a large amount.

3. Trade-in your old car

If you have less cash and have an old vehicle lying in your garage, you can trade it. This way you will reduce the car loan amount and not spend a single penny out of your pocket.

So, these are the simple hacks that can get you guaranteed approval on bad credit auto loan.