Monday, October 26, 2009

Can you get a car loan anywhere with bad credit??

Yes some places work with tons of different banks and im sure you can get approved by one but you also have to put down a desent down payment to show the bank and you interest rate (APR) will probably be high.



Can you get a car loan anywhere with bad credit??

First, try the bank that you do your regular banking with...if they say no, there are some options. Many used car dealerships finance their own cars...the interest rate is always higher and you normally need a good size deposit, but it's a start. Keep all the payments current and establish some good credit.



Can you get a car loan anywhere with bad credit??

yup but you will have to pay more for it, theres a few companies out there like approved car finance and welcome that will try to get you a car, one thing to make sure tho is that the payments are registered,



a car is classed as high risk finance, so basically if you make sure you can make every payment it should help you to rebuild your credit score.



As I say tho, expect higher interest rates etc



Can you get a car loan anywhere with bad credit??

You CAN get a decent car loan, even with bad credit. I've done it, but you'll have to look around. That's one of the BIG mistakes people make...just taking the first offer that's given to them when they go to the dealer. Be smarter than that.



WARNING: DON'T GO TO BUY A CAR WITHOUT HAVING THE LOAN FIRST. The auto dealers will eat you alive and give you a crappy rate. Shop around with lenders who specialize in bad credit car loans. It's a better option, you don't have to take what they're offering if you don't want it, and it's better than dealing with the car dealer's people.



There are usually some nationally based car loan companies who specialize in bad credit car loans who advertise on the page linked below...



http://www.axalda.info/bad-credit-car-lo...



Can you get a car loan anywhere with bad credit??

Sure. But it's going to cost you a lot more because you will only be able to qualify for a subprime loan and interest will be high.

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