Loan For Bad Credit

Posted by admin on September 22nd, 2009 at 12:00am

Question:
Where to get a good online auto loan for bad credit?
I have no money to put down, poor credit, no co-signer and applied at several banks and got turned down, so now I have no choice but to go to an online auto loan for bad credit. I did not want to go down this road before because I did not know if I could trust internet loans. I have read about recommendations like lendingtree.com and eloans.com. However, I want to apply somewhere that can assist me and not ruin my credit score even more.

Answers:
Let me see if I get your situation: you are broke, you’re wishing to buy something you can’t even afford to put a cent of down payment on, and your primary concern is your credit score.
Okay, let me enlighten you, seeing as you are soliciting recommendations and opinions. You have to save up your money and pay for your car in cash. I came across a nice Lincoln on the internet for 1800 just yesterday.

I acquire loans from my bank to purchase cars. Dealerships do not really care how you get the money, just so long as you obtain it for them. Furthermore, the car dealerships do not issue the loans. It is a bank which they will cooperate with. Based on how bad your credit history is you may be able to get an auto loan for bad credit, but with a very high APR, if you are able to get a person to co-sign with you. If so, you can possibly get a smaller APR. But that person would have to have decent credit.

Hello, I also would like to get car financed, but for a used car instead of a new car, since it is affordable with our situation. I have also taken out an auto loan for bad credit for used cars. You would not believe I am paying a lower rate of interest compared to others. You just have to do some research on the internet to get best auto loan for bad credit for you and your pocket.
I am providing you with one reference. I suggest you try it. You will get your wanted vehicle loan from there. You just have to send in one simple internet application form.

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