My credit is not so good because of a house i owned years back and i need an auto loan. I can afford to pay about 0 per month for the loan.. Any companies will approve me that you guys know of?
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{ 6 comments… read them below or add one }
Rhoda R, Try getting a free online auto loan quote. http://www.autoadviceonline.com/Auto-Loans.html The automated questionairre will give you results based on your credit and financial situation. It’s free and you can get an answer in minutes.
If you have a stable income, can show stable residence at one location and have a sizable down payment, sure there are companies that will take you as a customer. Just don’t expect low interest rates.
Some of them may require a direct payment method as well. Direct debit to your loan account every payday.
There are companies were you can apply for bad credit auto loans.
You have to be very careful will whom you choose on-line. Please look at the following site, they are special finance specialist. I know you can get all your questions answered and even apply for a loan if you choose. Good Luck!
http://www.autocreditexpress.com
Yes. Google Credit Acceptance Corp. They have guaranteed loan approvals. Once you get hooked up with them, they’ll report to the credit bureaus which in turn will help get your credit re-established.
It is getting harder to find loans now that the economy and credit has tightened up. However, there are still finance companies out there that work with people with bad credit. Here is an article that has some suggestions:
http://www.leaseguide.com/Articles/bad-credit.htm
Another possibility is a buy-here-pay-here (BHPH) dealer who finances his own loans and doesn’t check credit. However……you should know that the cars are overpriced, the interest rates the maximum allowed by law, the payments plans are very strict, and repossessions are common. Here’s an article with more details:
http://www.firstcarguide.com/finance/should-i-buy-from-a-buy-here-pay-here-dealer.html
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here are some search results
http://www.yabloog.com/112credit_card_.html