Accelerated Loan Solutions

We know you have places to go, and we'll help you on Your Way Home! That's why we are proud to introduce to you McCurley's Accelerated Loan Solutions Department, so your unique credit situation doesn't slow you down.

For many people, navigating the car-buying process is extremely challenging after major life events like divorces, change or loss of income, foreclosures, repossessions, high medical expenses, the loss of a loved one, and bankruptcies. We understand bad credit happens to good people, and we're here to help. The Accelerated Loan Solutions Department partners you with a team of experienced McCurley Business Managers who will have the industry knowledge, resources and lender relationships to not only secure an approval for you, but also provide you with resources and a game plan to help improve your credit in as little as 12 months. No matter where you're at in life, your story matters to us, and we're honored to be a part of it.

Here's the Deal: Credit 101

What is a credit score?

A credit score is a numerical value between 300-850, and it is designed to represent the likelihood of an individual paying their bills on time. A higher score yields more favorable credit rates and terms, a lower score yields higher interest rates, more credit limitations, and may deter a lender from granting credit altogether.

Most people have 3 credit scores, provided by these nationwide Consumer Reporting Agencies (CRAs): Equifax, Experian, and TransUnion. Credit scores do fluctuate, and what they mean will be based on the scoring models the CRAs used to calculate them. They are, however, principally akin to the following breakdown:

· 300-579: Poor credit - highest risk

· 580-669: Fair - high risk

· 670-739: Good

· 740-799: Very good - low risk

· 800-850: Excellent - very low risk

How are credit scores calculated? Credit scores are calculated based on reported information such as:

· Your repayment history. Your repayment history will include detailed information on any open credit accounts in your name, whether it is individual or joint debt. It provides data on late payments, missed payments, and any debt in collections.

· Your debt-to-credit ratio. Expressed as a percentage, your credit utilization rate or debt-to-credit ratio represents the amount of revolving credit you're using divided by the total revolving credit available to you. Lenders and creditors like to see a credit utilization rate of 30% or lower. Using over 30% of your available credit can start to have an adverse effect on your credit score.

· The types of credit accounts in your name. Revolving credit accounts are mostly credit cards, while mortgages, auto loans, and other fixed loans are considered installment accounts. Financial advisors recommend keeping a mix of both revolving and installment accounts to show lenders you're comfortable managing different types of credit.

· The length of your credit history. Credit scoring formulas take into consideration the age of both your oldest and your newest accounts.

· Frequency of Credit Inquiries. Applying for new debt will trigger a "hard inquiry" on your credit report. Multiple hard inquiries within a short period of time can impact your credit score as it will suggest to lenders you are taking on more debt than you may be capable of managing.

*Accelerated Loan Solutions staff are not financial advisors. The information we provide does not constitute as financial advice beyond the purchase process and acquisition of your loan. In order to make the best credit and financial decision that suits your personal needs, you must conduct your own research and seek counsel of a licensed financial advisor.  All liability with respect to actions taken or not taken based on the contents of this program are hereby expressly disclaimed. 

Here's the Dilemma: You Have Bad Credit

How did it happen?

Bad credit can and do happen to good people. Sometimes, due to unplanned circumstances, we face tough choices and must make tough decisions. Other times, we do it to ourselves. But these are the most common bad credit causes:

1. Routinely late on making payments

2. Not making payments at all

3. Maxing out credit cards

4. Charge-offs

5. Collections

6. Repossessions/foreclosures

7. Bankruptcies

What are the disadvantages of having a bad credit score?

It is common knowledge that a bad credit score makes it harder to obtain credit cards, car loans, and mortgages. But aside from lending institutions, did you know prospective landlords and employers may take your credit score into consideration for rental properties or positions in certain financial or management fields? In some states, a bad credit score can prevent you from establishing a new cellphone or internet contract, and you might have to pay deposits for utility accounts and car insurance.

Can I fix a bad credit score?

In a word, yes. But it's not a simple process and will take time. The most important thing you can do is acknowledge where you stand, take ownership of the situation, and make it a point not to avoid the reality of your credit status by taking action to rebuild your credit.

Under the Fair Credit Reporting Act (FCRA), you are entitled to one free credit pull from all 3 bureaus per 12 months. You are also entitled to a free credit report if you believe you have been a victim of credit fraud or identity theft.

You can view your credit report by:

· Visiting and requesting for your free report at AnnualCreditReport.com

· Calling 877-322-8228 to order your free credit report

· Mailing the attached Annual Credit Report Request form to:

Annual Credit Report Request Service

PO Box 105281

Atlanta, GA 30348-5281

Accelerated Loan Solutions staff are not financial advisors. The information we provide does not constitute as financial advice beyond the purchase process and acquisition of your loan. In order to make the best credit and financial decision that suits your personal needs, you must conduct your own research and seek counsel of a licensed financial advisor.  All liability with respect to actions taken or not taken based on the contents of this program are hereby expressly disclaimed. 

Why McCurley's Accelerated Loan Solutions Program?

About us

McCurley is one of the most customer-oriented dealerships in Washington State. We've been locally owned and operated since 1981, and we are incredibly proud and grateful to serve our clients out of 6 different locations, with close to 350 certified and highly capable employees to meet the community's growing automotive needs.

Early April of 2023, McCurley Dealerships announced a major expansion project, adding about 50,000 sq ft to our Chevrolet and Cadillac dealership in the Pasco Autoplex, the Pasco Subaru store, and we also plan on building an entirely new facility for our Yakima Subaru store. Although McCurley now serves about 20% of community members in Benton, Franklin, Walla Walla, Yakima and surrounding counties, we've missed some opportunities to better serve our credit-challenged customers. We saw the need to expand our Business Departments to offer more resources and finance options. The solution? The Accelerated Loan Solutions Department.

Our Mission

The Accelerated Loan Solutions Department is led by experienced McCurley managers with decades of combined automotive finance and credit knowledge. Believe it or not, bad credit auto loans are all we do! Our Business Managers have helped thousands of people qualify for financing even after major credit hits like repossessions, foreclosures, and bankruptcies. We understand bad credit happens to good people, and everyone deserves a chance to fix past credit issues. The best part? You don't have to sacrifice selection or quality to get approved for a loan. We have hundreds of new and pre-owned cars to choose from, and each on-time payment gets reported to all major credit reporting agencies. It's as easy as 1-2-3!

How it Starts

We want to know your story, identify your needs, help you determine the best car payment range for your budget, secure the most favorable approval, provide you with resources and credit-repair tips, and reduce your interest rate in as little as 12 months. All we ask for is your commitment to yourself and to the process. Discipline is the key factor to your financial success, and it starts here.

Eyes on the Prize

Our industry knowledge, experience, lender relationships, and customizable process will provide you with all the tools you need, but it is entirely up to you to follow through. In this timeframe, it's important to maintain communication with your McCurley team for all your questions and concerns, to look for other areas of opportunities to repair and rebuild your credit, and to return after 12 months for your final credit consultation and to discuss the next step.

Are you ready to get back on track?