Car loans for those with poor credit can be obtained with a co-signer or someone that is willing to guarantee that the loan will be repaid completely. Without a co-signer a car loan could be obtained from a bank but the interest rate would be higher and there would be no grace period for late payments.
There are several places that will finance a person with poor credit for a car, however, caution is advised. Getting approved for a car loan with poor credit is not easy, and there are many people out there who offer unreasonable rates.
Many companies offer car loans to people with poor credit histories. In Canada for example, www.canadaautoloan.net offers car loans to car owners with bad credit or no credit.
no more there are many online sources who provide car loan for people have no credit or poor credit, try to contact them and you can get you problem resolved.
A person cannot include someone's income on a car loan, without their bad credit affecting the outcome of the loan. If another person is placed on the car loan, that other person will also be run through a credit check. This includes cosigner applicants.
In the US, any business offering a car loan will do some type of credit check. Though there are lenders who specialize in lending to those with poor credit, they will still perform a credit check before issuing a loan.
Someone with poor credit can start shopping for an auto loan at a local credit union or bank. However, you may have more luck at a company that specializes in loans for people with poor credit, such as Nationwide Auto Lending or Car Loans for Everybody.
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Yes they can if they have had another loan with your name and their name.
If one has been refused credit or has a bad credit rating, car loans are still available. Sites such as Carloan 4U, Stoneacre and MoneySupermarket all have information about taking a car loan. They offer credit based on what one can afford regardless of a poor credit rating.
This is a hard question. Car loan agreements are dependent on your income and credit and vary from person to person.
Not at all. In fact most "poor" have no credit at all which makes it very difficult to buy things such as a house or a car because they can't get a bank loan because of lack of credit.
There are many places one might go get a car loan if one had bad credit. One of the best options for anyone seeking a car loan would be one's financial institution.