Finance FAQs

WHAT CREDIT SCORE DO CAR DEALERS USE?

9/19/2021: The credit score a car dealership uses is different than your online credit report. Learn about the differences between credit reporting agencies and discuss your options with North Coast Auto Mall.


DIFFERENCES BETWEEN LEASING VS FINANCING

9/10/2021: Depending on your credit history, car buying goals, and budget, you may be better off financing your rather than leasing it.


REFINANCING CAR LOANS WITH BAD CREDIT

9/06/2021: You may want to reduce your monthly payments, or you may be eligible for a better interest rate now than you were when you originally took out the loan.


TRADING IN YOUR CAR WITH BAD CREDIT

9/02/2021: Trading in your current vehicle can increase your chances of getting your loan approved if you have bad credit. If you owe money on your current vehicle you can still find a great offer at North Coast Auto Mall.


WHAT KIND OF INSURANCE DO YOU NEED FOR A CAR LOAN?

8/17/2021: When you finance your auto purchase, you must have both collision and comprehensive auto coverage and will need to take out a standard liability insurance policy as well. Learn more about insurance and loan options in this guide.


BUYING A CAR WITH CASH VS FINANCING

7/15/2021: The answer depends on your situation, the car you buy, and the money you have available. There are many arguments to both sides of this question. So let’s take a closer look at buying a car with cash vs. financing so that you can make an informed decision about purchasing your next vehicle.


CAR LOAN TERMINATION FAQS

7/2/2021: What should you do if you find yourself struggling to make your car payments or if you need to terminate your car loan early? North Coast Auto Mall of Bedford is here to help answer questions about how to pay off a car loan early and everything you need to know about car loan termination and credit impacts.


CAN YOU FINANCE A CAR WITH NO CREDIT?

6/15/2021: Yes, you can finance a car with no credit. It may be more difficult than if you had good credit, but it is possible at North Coast Auto Mall of Bedford. We’ve helped many customers find a car they love despite their credit history thanks to our in-house financing program and being a buy here pay here dealership


WHAT DOES BUY HERE PAY HERE MEAN?

5/28/2021: We pride ourselves on our customer service and strive to make the buying experience one of the most enjoyable ones you’ll ever have, regardless of your credit history. One of the ways we support our customers is by providing Buy Here Pay Here (BHPH) financing options to drivers throughout Bedford, Cleveland, and Akron.