Can anyone suggest loan companies that offer car loans for people w/bad credit? What 2 make large down payment?

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1. Sam said:

   There are a huge number of banks that deal with auto loans for people with challenge credit. The two best choices are:
   1. Go to a very large dealership that advertises that they help people with credit problems. A large dealership will normally have more banks they work with, more talented leading specialist on staff, and stronger relationships with the banks. (There are exceptions to this rule of thumb.)
   2. Put down a large down payment. The more money you put down, the more likely the bank is to give you the loan.

   Also, note two additional things:
   1. Depending on current rebate offers, a new car may be easier to finance with a lower payment and lower down payment for you.
   2. Some credit unions are wonderful for people with credit issues.

   My advice is to find a dealer you feel comfortable doing business with. Believe it or not, there are honest auto dealers and honest car salespeople. Try to find one you instinctively feel good about. Generally, you will get the best deal from a "good person".
   For car loan quote

   —————————————–
   http://www.loansandinsurances.com/

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   March 24th, 2010 at 7:56 pm
2. Ryan M said:

   I just will not happen with a score that bad and in this lending economy. You will need a co-signer with MUCH better credit (like 200 points better) for you to even have a shot at all. You can try the dealership, but you are no where near a position to expect the best rates. Yes, they will be higher, but high is better than nothing and right now you qualify for next to nothing. You need to come down on your expectations.

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   March 24th, 2010 at 7:56 pm
3. Randy Hare said:

   Out of all of the answers.. Sam had good solid advice… my friedn Pete C. got taken to the cleaners with Internet Loans…The dealerships that offer inhourse financing makes the best sense.

   To build your credit you may be interested in my site @ https://ncf.infusionsoft.com/go/ncfsp2/randyhar and watch the video and explore the site. On average our clients credit score will increase by 127 points. Please check us out and save money on your My email is randy.hare@yahoo.com

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   March 24th, 2010 at 7:56 pm
4. Bill said:

   Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool – carinsurance.yoll.net

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   March 24th, 2010 at 7:56 pm
5. Henry said:

   hi
   If you looking for a legitimate online loans in 1 Hour.once approved your loan will be transferred directly to your checking account promptly, and securely. Now you’ll be able to use the cash for all your necessities.

   http://bestonlineloancompanies.com

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   Good luck!………….

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   March 24th, 2010 at 7:56 pm
6. sarahsmile90 said:

   There are loans available if you have bad credit. Your large down payment will be very helpful in securing a loan. Dealers with special finance departments should be able to get you financed. Be prepared to pay a higher interest rate due to your low credit score. Banks and credit unions do not do deal with bad credit loans so if you don’t want to use an on-line lender the dealership is your next option. Good luck.

   Like or Dislike: 0  0

   March 24th, 2010 at 7:56 pm

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