Getting approved for a bad credit car loan through CA Lending® will be one of the quickest and most effective ways to improve your overall credit score. The reason for this is that an auto loan is usually the second biggest loan that an individual will obtain, next to a home loan (mortgage) of course. It is also a secured loan with the car itself being the collateral. Banks and lending institutions tend to provide more favorable terms when they are able to secure their debt with something of value that they may legally acquire should the borrower default on the car loan altogether. Although obtaining credit cards and/or lines of credit will help improve your credit score a bad credit car loan will do so in a much shorter period of time. Remember, everyone makes mistakes, especially when it comes to credit; but doing nothing to fix it is the greatest mistake.