How does a guaranteed auto loan work?
Most of the time these loans aren’t guaranteed at all…that’s the sad truth. However, there are dealerships that really do offer a program that can get you into a car in almost all instances. These programs usually require a minimum income and a fair amount of money down, but if you are dealing with a reputable dealership (especially one in the Car Loans on Demand network), the demands aren’t too unreasonable if your credit has really gotten that bad.
