If you want to get guaranteed car loans even with bad credit, then scroll below for some pointers on how to avoid the credit inquiring pitfall.

Guaranteed Car Loans: Get a copy of your credit report.

Purchasing a copy of your own credit report can help you get guaranteed car loans. A lender can pre-approve you for a guaranteed car loan by faxing him a copy of your current credit report. If the first lender rejects your request, you can go ahead and apply at different lenders until you find one that accepts you.

Guaranteed Car Loans: One inquiry is better than two.

Before completing the guaranteed car loan process, the lender would most likely perform a final perfunctory check on your credit report. But that should be okay since its only going to be one inquiring on your credit record instead of two or three. Remember that the more credit inquiry you have, the greater the chance that your credit rating will drop.

Guaranteed Car Loans: A purchase is not an inquiry.

When you purchase your own credit report, it wont be considered as an inquiry. So by doing this, you avoid adding more damage to your credit. This is why in guaranteed car loans it is always a good idea to know what your credit report is in advance. Whats more, if you have your credit report before applying for guaranteed car loans, you can check it for any errors.