So you're ready for a new car or motorcycle. But what if your credit is less than perfect? Not to worry. You should still be able to get a loan. It won't be as easy as if you had great credit, and it may cost you more, but it can be done. You should definitely know what you're getting into when you get started.
First you need to know what you credit score is and how it got bad. The most common things that bring down credit scores are late or missed payments, defaults (where you stop paying on a loan altogether), bankruptcy, and carrying high balances on credit cards. Of course a missed payment is worse than a late one, and a bankruptcy is probably the worst thing you could do to your credit. Most things stay on your credit report for 3 years, while some launch x431 pro, including bankruptcy, stay on for 7 or 10 years. Even if an item is on your credit report, some lenders will disregard it if it's older than 3 years.