For people living with bad credit, it may seem like being approved for an auto loan is impossible. However, by making some smart choices and visiting New Jersey State Auto Auction, obtaining a loan is not that difficult and can help you to rebuild your credit.

According to Edmunds, the first thing you'll want to do is check your credit report. Along giving you a reference point when you apply for financing, it also gives you an opportunity to look or any mistakes that could make it harder for you to get a loan in the first place.

In addition to checking on your standing,  you may also want to limit the use of your credit card in the time leading up to your loan application. Once you know that purchasing a used car is in your near future, limiting your credit card use will let you pay off some of your debt and put you in a better position to get approved.

When it actually comes time to apply for financing, experts recommend that people with bad credit make a down payment on the loan. Even if it's something as small as $200, industry insiders say that it is a good move and can show potential lenders that you'll be reliable.

If you're concerned that a checkered credit history will keep you from getting a loan, New Jersey State Auto Auction is the place to go. Thanks to a partnership with Credit Acceptance Corp., the dealership is able to offer guaranteed approval. And for people with poor history it can be a great way to rebuild their standing