How Does Easterns Automotive’s Slogan, “Where Your Job Is Your Credit,” Affect My Ability to Buy a Car?
We’ve been using the tagline “Where Your Job Is Your Credit” since 1988, when it was first incorporated into our jingle. The slogan has both literal meaning and a lot of additional implications built in.
To understand the importance our slogan, it’s first necessary to understand how most auto dealerships and financing companies determine whether you qualify for an auto loan.
Generally, most dealerships will use your credit score to determine whether you qualify for vehicle financing. Your credit score will also be the main factor influencing the interest rates you’re eligible to receive.
There are a lot of people who simply don’t qualify for an auto loan under that system. People with less than perfect credit might technically qualify for some loans, but they will be charged extraordinarily high interest rates.
Under that system, a lot of people in Baltimore, Washington D.C. and throughout Maryland simply can’t get a pre-owned vehicle.Easterns Automotive Thinks