The biggest hurdle for those of us seeking a loan is a poor credit history. A negative track record in repaying loans might not be enough to completely rule out approval, but it certainly does not help. So, the availability of auto loans with no credit checks can only be welcomed with open arms.
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Source: http://fastsfives.typepad.com/blog/2012/09/why-auto-loans-with-no-credit-checks-is-the-better-finance-option.html
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