HOW CAN YOU GO ABOUT GETTING A BAD CREDIT LOAN ?

Instead of going to a play and requesting by them Id similar to to get a bad credit automobile loan on my own. Does any one know a little options ? Online sites ? National banks which have been well known too?
Thanks

{ 2 comments }

Rick B October 5, 2013 at 10:47 am

If you have bad credit (or even if you don’t) why would you finance a depreciating asset like a car?!?!? Save up and pay cash for a good used car.

rpf5 October 5, 2013 at 11:42 am

Think this through. You have a history of bad debt but you think someone is going to give you a loan. The car cost too much if you have to borrow for it. At best, if you are employed, and can show you can afford the payments, you might be able to finance a used car from a local dealer & even that depends on how “bad” your bad credit is. Remember to factor in the cost of insurance if it is required. No bank risks money on shaky loans anymore, those days are over. Consider saving your money & buying a car in cash.

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