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There are a few ways someone can purchase a car when they have bad credit. A person could always pay cash for a car and not have to worry about their credit. Also, a person could use a high risk loan.
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∙ 10y ago
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How can buying a new car be possible for someone with bad credit ratings?
Buying a new car is certainly possible for someone with bad credit, but it is slightly more troublesome. When one goes to finance a car one may have to pay a higher interest rate in order to finance.
Where can one refinance their bad car credit?
One can refinance their bad car credit at different companies. Some of the companies that offer refinance of a bad car credit are Prescott Financial, Harbor Credit and Fleet Financial.
Can a person with bad credit cosign for a car loan?
I don't think so. The reason for a cosign is because the person buying the car has bad credit and the cosigner is a guarantee to the bank the loan will be paid. Two bad credit reports doesn't equal one good one. Since you have credit problems I wouldn't sign because that will add to your debt ratio to income and actually harm your credit.
Where can one read how to finance a car with bad credit?
One can read how to finance a car with bad credit when one goes to the website of Bankrate dot com. There one can read about tips of refinancing one's car loan though one has bad credit.
Where can one fill out an application for a car loan?
Bank, credit lending warehouse, car dealership they're buying the car from.
Where can one get a car loan with bad credit?
There are many places one can get a car loan with a bad line of credit. There are companies online that offer services in helping with bad credit, some of them include Easy Auto Lenders and Cars Direct.
How can one obtain car financing if they have bad credit?
To obtain car financing with bad credit can be done by purchasing from a car lot that advertizes " buy here pay here". You will find that with bad credit you will pay a higher interest rate than if you had good credit.
Are there any books that describe how to get a loan with bad credit?
Yes there is one book called "Living Well with Bad Credit," which goes into detail about how to deal with bad credit to achieve things such as buying a house, start a business and get a loan with bad credit.
What places have car sales for people with bad credit?
Many car dealerships advertise on the radio and often say if they welcome people with bad credit or not. It is always safe to say that one can call a car dealership in advance and ask if they work with bad credit.
Where would a person with bad credit go to get a car loan?
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.
What kind of fianncing a car with bad credit a bad credit?
Car Direct and Auto Trader are two website which offer auto financing for individuals with bad credit. One can apply for loans and receive rates by visiting these websites.
What does auto financing for bad credit exactly mean?
Auto financing for bad credit means getting a loan for a car when one has bad credit. There are companies that specialize in giving loans to those with bad credit ratings.
