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Auto Loan

Date: Fri, 03/27/2009 - 10:57
Submitted by islefan3949 on Fri, 03/27/2009 - 10:57
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I need some advice I currently have a poor credit score and I am enrolled in a debt management program with care one, I know that this appear on my credit report that I am enrolled in this. My question is if i look into one of the places that offer auto loans to people with bad credit will this also affect whether I get approved or not. Also if anyone has had any expeience with any place that does offer auto loans for people with bad credit I would love some feedback on them. I live in ny. Thanks for the help.


I'm not sure about whether it will affect you chances of getting you debt management plan approved.

Here's what I know. My car loan is with Nicholas Financial. I'm interest rate is at the state max. I had a car repoed about a year prior to purchasing the vehicle. I did have have to put a little bit down.

Also, Drive financial is another bad credit auto loan place.

The key is money down. Do you have any money down? Trade in? There are ways of getting the loan done. Have you gone to a dealership yet? Most dealerships are signed up with a ton of second chance credit banks.

I hope this helps.


Submitted by sassy_lil_brandy on Fri, 03/27/2009 - 11:10

sassy_lil_brandy

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the thing that sucks is a year or two ago anyone could get financed. it didnt matter if you had 5 previous repo's on your credit somone would pick up the loan. but now in todays economy everyone has tightend up their loan requirements. i'm not saying it cant be done because there are still people lending money, just not as much.


Submitted by bastoops on Wed, 04/01/2009 - 09:20

bastoops

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