Question

Does it necessary to have good credit report for the approval of auto finance?

Answer 1

Yes, it is necessary to maintain good credit record to avail the best auto finance plan. This is the major factor which they ask for the approval of auto finance. Banks and credit loans have a strict rules on credit report and they may reject your application because of low credit value. But, even without good credit report auto financing is possible through dealers or manufacturers and the option of online auto financing companies.