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mayer
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Its good to know that if you have bad credit auto loans are available, thank you for the information.
There are auto loans out there for most credit situations. Just don't assume the worse if you have bad credit and go to a buy here pay here or as I refer to them, last resort lots. Most larger dealerships have special finance departments that will do their best to get you an auto loan, even with bad credit. You can also apply online with a reputable company that will match you up with a licensed dealer in your area.
Apply for a bad credit auto loan at a dealership with a special finance department or with a reputable on-line company.
I think it is always best to start with your own bank or credit union when applying for an auto loan. Working with a bank that you have a history with can be beneficial. Unless of course you have bad credit, then you will have to find a lender that finances bad credit auto loans. You can do this two ways; first, you can find a dealership in your area that has a good reputation for working with buyers with bad credit; or you can apply on line with a reputable lender. Always do some research before you apply online to make sure you are working with a trustworthy company.
I think it is always best to start with your own bank or credit union when applying for an auto loan. Working with a bank that you have a history with can be beneficial. Unless of course you have bad credit, then you will have to find a lender that finances bad credit auto loans. You can do this two ways; first, you can find a dealership in your area that has a good reputation for working with buyers with bad credit; or you can apply on line with a reputable lender. Always do some research before you apply online to make sure you are working with a trustworthy company. www.autocreditexpress.com
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Feb 10, 2012