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billyh · Posted: Wed Dec 05, 2007 9:30 pm Subject: I need a new car but

So my credit got screwed after an accident. I just paid off all my credit cards. I currently have a 2000 lincoln ls that is nothing but a headache, the rason for credit cards and getting into debt. I have put over 7k into repair on it and the problems keep coming. I currently owe 5k on it, I have never missed a payment on the auto loan. I have found a car for 14k that is more reliable and what I want. I have tried to get a loan before and got rejected by everyone. What can I do. The car I found is private seller and is a steal. I can probably sell my car oday for 7-8k. Please let me know what my options are. I need immediate options. Thanks a lot.

Posted: Thu Dec 20, 2007 4:37 pm Subject:

Try going to prosperonline.com - People who are unable to get loans through financial institutions can try to get one here.

Posted: Mon Dec 24, 2007 10:15 am Subject:

I am kinda in the same boat. Thanks for the link.

Posted: Mon Dec 24, 2007 10:20 am Subject:

Prosper does do a credit check, so if your credit is not good, you may not get any bids on your loan. It is not a bank , but rather people bid on loaning you money. For some it is an excellent idea. But again, they do check your credit.

Posted: Sat Feb 23, 2008 9:13 am Subject:

Billyh...

You can try roadloans. They are pretty good. You find the car,they cut you a check. Just beware they are a subprime lender. There are no grace periods. If you miss a payment by even One day they start calling.Also the interest rate you get through them may be higher.
That being said, they are a member of the BBB and seem easy to deal with.