How can I get an car loan with very bad credit?


bad credit
Emile O asked:


I am in desparate need of a car loan. My car was stolen over the weekend and I need a car where I live. I have what most would consider Bad credit and need some advice on where to shop for a loan without paying an outrageous interest rate. The other problem is that I don’t want to apply for too many lenders because it lowers your credit score even more. Please help. Thanx.

This entry was posted on Saturday, October 24th, 2009 at 12:00 am and is filed under Credit. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

10 Responses to “How can I get an car loan with very bad credit?”

  1. Ryan M Says:

    You will need a co-signer then. Ryan M

  2. Dads boy Says:

    If you have a savings account there are allot of used car lots today that will sell you a car with bad credit as long as you have a savings account. The reason there doing that is because Bush has 70% of every ones credit screwed Dads boy

  3. naltian Says:

    it wouldn’t be hard to find a loan but it would be difficult to find the interest rate you want if your credit is not very good these days.

    For the application, your score will not lower as long as those applications are with the ten days. It is considered as one inquiry naltian

  4. John Says:

    Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool - carquotes.sinfree.net John

  5. Faith Walker Says:

    Hello, I am Faith Walker,sometime ago I was such much in need of loan I approach my bank but could get the loan from them because of my credit score so I decide to apply on line via yahoo answer I got an answer from someone who refer me to fred roland loan firm the I gave them a trier and I got the loan from them so if you need loan I will advise you to contact the via email now here is the email Faith Walker

  6. Jokey Says:

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  7. Niketan Cambell Says:

    Hello, I am Niketan Cambell from US,if you need loan I will advise you to contact standard loan firm they helped me with loan a week ago here is the email Niketan Cambell

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