Feb 06, 2008 by marigold | Posted in Buying & Selling
I have bad credit, overwhelm bottom, and need a car so am considering applying for a bad credit car loan as I have no cosigner. Has anyone here ever had one? Did you regret it? What sort of interest rate were you paying? Thanks!
Yes the interest proportion rank was about 14.% but I did it long enough to earn credit and get it refyed
What Is The Best Way To Get A Personal Or Car Loan With Poor Credit?
Nov 13, 2009 by Tonya M | Posted in Credit
Barely answers on bad credit loan companies that really work?
Is It Possible To Get A Poor Credit Loan For A Car Of My Choice?
Sep 14, 2007 by ATLANTIS | Posted in Buying & Selling
I demand a specific car. I noticed with every poor credit auto loan lender they have to give you a car of their choice. How can I get what I want with a cosigner. I don't craving to be declined again.
do you have a cosigner? if your cosigner has virtue credit, it shouldn't be an issue.
i have bad credit (score: 550) and a repossession, but i got the car i wanted from a dealer fetter - the fact that it was a national chain made a huge difference since they work with more banks than the bold dealers.
my interest rate sucks (20.12%) and i had to settle for a 6 year loan instead of 5, but i did it without a cosigner, which means i'm rebuilding my credit and can refinance in a year or two.
so, depending on what you inadequacy, try to find a dealer that works with more banks than your local guys. make sure you have eulogistic monthly income and a sizeable down payment - they'll want between 25% - 50%, but you can probably get away with as sparse as 20%. if you don't have these two things, get a cosigner.
by the way - i forgot to mention that i originally set out for a used car but could only get approved for a new car. it seems the bank sees that as less of a jeopardy due to the higher value.
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