The car I was hoping to get is about ,000. But, Im not sure who would give me an auto loan for that much money considering that I have bad credit
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The car I was hoping to get is about ,000. But, Im not sure who would give me an auto loan for that much money considering that I have bad credit
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Auto finance is what I do for a living and bad credit loans are still out there.
You need to find a large dealer that advertises Special Finance and go talk to the Manager they will be able to help you.
No matter how bad your credit is, there are always lenders who will give you a loan. The only problem is the exorbitantly high interest rate you will be charged, since the rate is tied to your credit worthiness.
Bad credit, and you’re wanting to buy a car that costs $18000… Sounds like a great way to dig yourself into a deeper hole.
The much smarter thing to do is go for a much more modest vehicle and finance it through a local used car dealership. There are still a number of these dealers that advertise "We Finance It". Yes, the interest rate will be higher, but you’ll have a more affordable vehicle and if you pay your bills on time will help to repair your credit rating.