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Post by charischella on Sept 22, 2012 7:11:28 GMT 1
Find lenders offering a poor credit auto loan first. Remember that to obtain a loan with bad credit, a borrower should be ready to compensate for some additional expense. Technically, individuals with bad credit do not qualify for any type of loan option because their credit report does not guarantee any capacity to pay. Car loan with bad credit |
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Post by valeray12 on Nov 15, 2012 7:24:26 GMT 1
Where can I get a bad credit auto loan without phonecalls from dealerships?
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Post by wallisonline on Nov 19, 2012 6:58:38 GMT 1
Your best bet is to try a couple of online lenders. I have used lendingtree.com before and they were very good. You fill out one application and they shop it to 4 lenders who are likely to approve you. If Lendingtree does not get an approval, go to capitalone.com or drivetime.com. I stress to only go to Drive or Cap AFTER applying at lendingtree. The last 2 specialize in bad credit loans, and will hit you with a higher interest loan. If Lendingtree cannot get an approval, they are the next-to-last choice. Last line of options is the buy here/pay here lot. Try the online soureces firts, lets see how they work Recruiting software |
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