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• Powell Auto Center's Gary Lee Smith is managing the dealership's new Credit Acceptance Corp. approval program, that guarantees traditional auto financing for any vehicle buyer. Index

  

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February 19, 2012

Powell Auto Center offers buyers guaranteed approval

Anonymous Mineral Wells Index The Mineral Wells Index Sun Feb 19, 2012, 09:30 AM CST

Powell Auto Center in Mineral Wells has added a new lender to its portfolio – one that guarantees anyone, despite past credit history or lack of it, can get traditional financing on a vehicle.

Credit Acceptance Corp. boasts 100 percent credit approval, with 7.4 million customers approved since 1999.

Powell Auto Center owner Jay Powell said now customers can escape the cycle of “tote the note” financing that goes unreported to credit bureaus, giving buyers the chance to obtain financing that is reported and allows them to establish or re-establish good credit.

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Business

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