Military auto loans are some of Lynnwood’s most sought-after auto financing options for veterans and active-duty members. To thank military members for their services to their country, Carson Cars offers perks in military auto loans that would otherwise be unavailable. For instance, military auto loans offer leniency with extended repayment periods because military life is often unpredictable. If you are deployed at any time, you can either forebear payments or assign payment responsibilities to a close, reliable loved one.
Another perk for military members is quicker loan approval after application. We know that your schedule is busier than average, so we offer expedited approvals, regardless of credit score, and you could drive off the lot in something you love as soon as today. We aim to make your life easier, so peruse our selection of used cars until you find a safe, reliable, comfortable option that meets your auto financing limitations.
Credit score matters, but a reliable financial history matters more when sealing the deal for an auto loan. If your credit and financial histories leave much to be desired, strive to do better before applying for an auto loan. Aim to pay down small debts, incrementally raise your credit score, and solidify a good financial record to strengthen your odds for auto loan approval.
Military Auto Loans Offer Temporary Legal Protection Against Repossession
The Service Members Civil Relief Act grants temporary legal protection against repossession for military members. Deployment isn’t considered a breach of contract, so unless court ordered, creditors can’t repossess a vehicle when you’re on active duty. That said, you should assign the responsibility for your auto loan to a trusted loved one in the event of deployment to avoid accruement of interest rates.