savings.club proves that financial inclusion is the best kind of investment

In life, many things aren’t fair. Credit is one of those things.Show more

One of the most difficult things to secure is a bank loan – especially with a lackluster credit score. While institutions often don’t mind lending the funds, the price to finance any vehicle gets steep quickly. The average APR on a vehicle loan in the U.S. can make borrowing money for a car cost thousands of dollars.

The first issue with a traditional loan is getting one approved. Without certain credentials, a loan on credit can be nearly impossible to secure. Banks only offer desirable rates to the well-off, forcing individuals who need money to pay more to borrow. Most financial institutions consider an individual’s credit history, which automatically disqualifies many people.

So how can those who are high-risk borrowers get access to car financing?

savings.club is the answer! With a no-credit-check guarantee, members in Texas get to create a custom car financing plan powered by savings. Not only do members get access to an affordable car loan, but they also learn financial literacy. Since people that join can choose their monthly payment amount and financing term, avoiding debt has never been easier.savings.club delays the transfer of the vehicle until a few monthly payments are made. This keeps the club safe and ensures that even high-risk members pay when a payment’s due. If members continue to pay on time, they could have a new car within the year – even within months if their credit history is good.

At savings.club, it’s about more than auto loans; it’s also about learning. Car financing is finally simple, quick and affordable. With plans to finance any vehicle available, anyone can join – even on a budget! savings.club can even be used for those waiting on a vehicle release. Instead of discriminating against people with bad credit, savings.club shows people a better way. Saving while building equity is the best way to achieve ownership. Everything’s better when you plan for it.

About savings.club
savings.club is smart funding for smart people. With planning and patience, anyone can get the car financing deal they want. The company gives members all the tools they need to buy a car without taking a hefty loan from the bank. Using a common fund for member purchases keeps the power and the cash in the hands of the people.