EconoLend offers new and used car buyers with no credit or bad credit history a better financing alternative. Rather than using one broad stroke, our proprietary underwriting model takes a closer look at each applicant and a more rounded perspective on loan approval. This individualized form of processing allows us to consider all factors affecting each applicant’s ability to pay instead of just his or her credit score. Our philosophy is simple: if we can paint a more complete and realistic picture of each applicant, we can offer more competitive financing compared to other lenders. This is especially true for buyers with poor credit scores that can otherwise show to be creditworthy.