Feb 8 2010
What is the best way to get a personal or auto loan with poor credit?
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Ethan said:
How do you buy anything at less cost? Shop around.
Don’t walk onto a dealership without the loan already taken care of, though. They are going to sell you with monthly payments instead of with the actual car cost. This is how they make an extra couple thousand dollars off of you.
Go to your local bank or credit union and ask for their loan rates. You can also try e-loan.
You might first get a copy of your credit score to shore up any bad info before applying for the loan, though.
Good luck,
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0February 8th, 2010 at 2:25 pm -
Michael K said:
most of the major american car companies have a bad credit system in tact…you will pay a higher interest rate than most…good luck
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