Category Archives: Credit Tips

Get approved for an auto loan in Wilson, NC.

How To Get Approved For An Auto Loan in Wilson, NC

If you have low credit – or worse, no credit – you’ll know auto loans are difficult to get through traditional methods. 

Banks and major dealerships are reluctant to take a chance on first-time borrowers, or new drivers who haven’t had a chance to establish a credit history.

Auto loans are one of the biggest contributors to your credit history, due to the amount and length of the loan. But in order to get a loan, you need good credit. It’s a vicious cycle that only serves to box buyers out of good credit and future opportunities.

How do you break the cycle?

Get approved at AutoMax to get ahead of the curve.

Why use an auto loan to fix bad credit?

Auto loans are one of the bigger purchases you’ll make in your life. The total amount of the loan, lifetime of the loan, payment size, and payment frequency positions auto loans right in the credit-building sweet spot. 

Buying a car will have a huge impact on your credit history – for better or worse. This is why it’s crucial to deal with a creditor you trust, who works with you to make sure your payments are made easily, on time, and that your good habits get reported to the credit bureau.

Who gets approved at AutoMax?

AutoMax in Wilson, NC is a Buy Here Pay Here car lot. Buy Here Pay Here (or BHPH) simply means we finance all our cars ourselves, so you make payments to AutoMax instead of a loan company or the bank.

Because we finance all our auto loans in-house, there’s no big banks or creditors to complicate the process or deny your approval. This means that we get to choose who to approve for a loan – and we specialize in improving credit.

We don’t care about your credit history, only your ability to pay back an auto loan in the present.

What do I need to provide?

Getting approved at AutoMax is easy! All you need is:

  1. Valid Driver’s License
  1. Last 2 paycheck stubs (Proof of Income)
  1. Utility bill or bank statement (Proof of Residency)

Our online credit application is the quickest and easiest way to get approved for a car loan in Wilson, NC. 

Team members are standing by to answer any questions you might have about the process.

Why is AutoMax best for On-The-Lot Financing?

AutoMax has been in the industry since the 1980s. In that time, we’ve built roots in the communities around Youngsville, Henderson, and Wilson, North Carolina, learning how to help our neighbors build – and maintain – good credit.

Here are just a handful of the benefits of financing with AutoMax.

Our Worry-Free Warranty and Benefits

When you buy with AutoMax, you’re not just getting a used car – you’re getting our promise to support you and that vehicle. We stand behind our cars. Which is why we offer benefits like:

  • Free oil changes
  • 24/7 towing
  • Rental car coverage in the event of a breakdown. 

Read more about our benefits here: Why Buy From Us?

Our worry-free warranty for 12 months, or 15,000 miles (whichever comes first) is included with every single vehicle.

AutoMax warranty terms are available to read online, too, so you know exactly what you’re getting when you sign up with us. Read about the warranty: Warranty Included On Every Vehicle Sold

We specialize in Credit Improvement

Don’t let the breadth of AutoMax benefits and services fool you. Just because we offer a lot of benefits – trades, towing, rental assistance, oil changes, and more – doesn’t mean we don’t have a speciality.

AutoMax is a Buy Here, Pay Here car lot with decades of experience in helping customers rebuild credit. Over the years we’ve seen it all. We’ve learned the ins and outs of working with  low-credit or no-credit customers and helping them get their lives back on track.

No matter what life throws at you, we commit to riding with you. Our team members are ready to help you improve your credit.

We’re proud of how many customers become repeat customers!

At every AutoMax location, we get to know you and your family. Parents who’ve repaired their own credit with an AutoMax car often return to help their kids’ start their own credit history off on the right foot.

Customers consistently rate AutoMax 5-stars when they talk about their experience. We work hard to build a relationship of mutual trust with every customer.

AutoMax of Wilson, NC has you covered.

If you need a low-credit auto loan in Wilson, Youngsville, or Henderson North Carolina, AutoMax has you covered.

Get approved online with our easy credit application. Or, visit any of our in person locations to meet our team and test drive a new car.

Bad credit doesn’t have to be the end of the world. Break the cycle of bad credit. Call AutoMax of Wilson, NC today.

Bad Credit Financing

Finding a Bad Credit Car Dealership in North Carolina

We are here to help you find the best bad credit car dealership and get you on the road to success. A good, reliable set of wheels is one of the basics in life, right? You have to have a way to get from point A to point B, whether that’s the office, grocery store, or church on Sunday. If you have a reliable car already, that’s awesome. But if you don’t, it may be time to go shopping. There’s nothing more stressful than driving around in a car that may break down at any moment. That’s no fun.

Okay then, it’s time to go car shopping.

But What Happens If You Have Bad Credit?

inside bhph dealership

Most everyone needs some type of financing to purchase their car. For someone with a bad credit score, the prospect of buying a car can be daunting. Not only do you have to spend time searching around for a car that seems reliable and affordable. You also have to deal with the uncertainty of being able to qualify for a loan. Then there’s the embarrassment that comes with being turned down time and again by traditional lenders because of your credit score. And worst of all, the thought…”Are they going to laugh at me after I walk out?”

A Bad Credit Car Dealership May Be The Answer.

Bad credit car dealerships specialize in working with people that have had credit challenges in the past and are suffering from a low credit score as a result. They make loans to people like you because they know how important it is to have a reliable, safe vehicle. They also know that you’re probably a good person, and your credit score is the result of a few bad decisions in the past. That’s okay. Bad credit car dealers get it. They’ll work with you to get you into a reliable vehicle that you can afford.

Here’s How A Bad Credit Car Dealership Can Work For You.

#1: Fast Pre-Approval Process

Getting pre-approved to buy a car at a bad credit car dealership is typically a very quick and easy process. It can often be done online before you even go to the dealership. Simply answer a few quick questions – usually about your job status, monthly income, and residency – and you get an answer back within minutes. It’s easy and pain free!

The benefit to going through the pre-approval process online ahead of time is that when you walk into the dealership, you’ll already feel secure in knowing that you have already qualified for a vehicle. That takes a lot of the stress out of the car buying process.

#2: In-House Financing

A bad credit car dealership, sometimes called a buy here pay here dealership, handles all the financing approvals and paperwork on site. This includes making the decision about who they make a loan to and who they choose not to loan to. A bad credit car dealership will not limit loans to individuals with “perfect credit” or use formulas to qualify someone as a traditional bank does. Instead, they will listen to your story and help you find the right vehicle for your unique situation using the means you have available. It’s a much more personalized process and helps ensure that you not only get the car you need, but you can afford to fit the payments into your budget, as well.

#3: Great Selection

Bad credit car dealerships usually have a great selection of used cars on the lot at any given time. Most of what you’ll find will be somewhere in the area of 15 years old or less. While 15 years may sound like a lot, these cars don’t make it onto these lots unless they have a lot of life left in them. You’ll find a great selection to choose from and can shop with the confidence that these cars have all been inspected for safety and reliability before ever being offered for sale. Go ahead. Take one for a test drive and see what you think.

Sounds Good. Now How Do I Find A Bad Credit Car Dealership In North Carolina?

Good question!

Bad credit car dealerships are located in pretty much every state in the country. They’ve become very popular over the past decade as car dealers have recognized the need for this type of financing service. According to Experian, about 30% of consumers in the United States have a subprime credit score. That’s a huge market! (Look at it this way – at least you’re in good company.) To serve the needs of consumers like you, bad credit car dealerships have popped up all across the country, including in North Carolina.

Here’s How To Find One Near You:

Look for a dealership with a special finance department or in-house financing.

The terms “special financing” and “in-house financing” are code words for a bad credit car dealership. Listen for those terms when you hear ads on TV or on the radio. Look for them as you drive around town. Wherever you find these phrases, you’ll probably find a bad credit car dealership.

Google It.

What on earth did we do before Google? If you’re looking for a bad credit car dealership in North Carolina, ask Google to show you the locations that are nearest to you. You can Google the phrases, “bad credit car dealership in North Carolina” or “buy here pay here dealership in North Carolina” and see what comes up in the results.

Go To AutoMax.

How about the quick and easy route? Instead of guessing as you drive around town or hoping that Google can figure out a dealership that’s close to home, why not stop in at AutoMax? AutoMax is a bad credit car dealership in North Carolina that serves the Raleigh-Durham metro area, as well as Henderson and Youngsville. These folks have been in the business for nearly 30 years, and they know what they’re talking about. They finance 100% of their loans in-house, and they’ll be happy to talk with you about your unique situation and see what they can do to get you in a reliable used car that fits your budget.

What is the AutoMax Premier Collection of Vehicles Near Raleigh NC?

Get the Right Vehicle for you Through our Premier Collection

What is the AutoMax Premier Collection of Vehicles Near Raleigh NC? 

When car shoppers are looking for a newer or luxury kind of vehicle, they might avoid going to a strictly pre-owned car dealership. While we sell affordable vehicles to all kinds of drivers in the Raleigh area, we also offer plenty of newer and luxury models for interested drivers through our Premier Collection. So exactly what is the AutoMax Premier Collection of vehicles near Raleigh, NC? 

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Can Buying From a Buy Here Pay Here Dealership Improve Your Credit?

Raise Your Credit Score While Purchasing a Vehicle

Can Buying From a Buy Here Pay Here Dealership Improve Your Credit? 

Oftentimes, consumers who have bad credit have a lot of difficulties when it comes to purchasing a new car. By visiting a Buy Here Pay Here dealership like AutoMax of Youngsville, drivers with little credit are still able to buy a necessary vehicle for their every-day lives. But can buying from a Buy Here Pay Here dealership improve your credit? 

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ways to save money with your tax refund

What Could I Do With My Refund From My 2016 Taxes?

Four Ways to Use Your Tax Refund at AutoMax in Henderson and Youngsville NC

Tax refund season is upon us and while we would all love to be able to do something fun with our refund sometimes that is not always the best way to go. Many of us use our refund to help pay off some bills and there are many ways you can save money using your tax refund right here at AutoMax in Henderson and Youngsville NC. There are a lot of benefits to using your refund to help minimize bills in the future, take a look at our four ways to use your tax refund at AutoMax.   Read the rest of this entry >>