Results 1 to 9 of 9

Thread: need a car loan but score is bad

   
   
  1. #1
    300zx319 is offline White Belt
    Join Date
    Jun 2009
    Posts
    1

    Default need a car loan but score is bad

    Hi guys im new to this forum
    i have been looking for a car and my credit score is bad. and i no the credit number.i was wondering if anyone knows a bank or a credit lender that can give me a loan...
    i was looking to buy a car that is $21000.

    thank you,.

  2. #2
    Erik's Avatar
    Erik is offline Trying to be debt free   
    Join Date
    Dec 2006
    Location
    Salt Lake City
    Posts
    128
    Blog Entries
    3

    Default

    Well if your credit is bad you are going to pay A LOT in interest right now. Maybe it'd be worth it to work on your scores before getting a new car loan... just a thought.

  3. #3
    EnriqueHajela is offline Yellow Belt
    Join Date
    May 2010
    Posts
    11

    Default

    If your score is bad then the interest rate become higher. so my suggestion is first make your credit score good and the best way for this is secured loan.
    __________________________________
    Bad Credit Auto Dealer

  4. #4
    nawabiki123 is offline White Belt
    Join Date
    Jul 2010
    Posts
    7

    Default

    Quote Originally Posted by 300zx319 View Post
    Hi guys im new to this forum
    i have been looking for a car and my credit score is bad. and i no the credit number.i was wondering if anyone knows a bank or a credit lender that can give me a loan...
    i was looking to buy a car that is $21000.

    thank you,.
    Don't worry if you have low credit score then BMAC finance will help you to get an auto car loan...!

  5. #5
    CreditRepGal is offline Gold Belt
    Join Date
    Jan 2010
    Location
    Newport Beach, CA
    Posts
    26

    Default

    you should fix your credit. Call me and I will help you.

  6. #6
    matthewsmith is offline Yellow Belt
    Join Date
    Sep 2010
    Posts
    12

    Default

    There are so many options and ways to get a car loan even if your credit score is too low or bad.. just need to have a contact with professionals.

    auto repair financing

  7. #7
    CreditRepGal is offline Gold Belt
    Join Date
    Jan 2010
    Location
    Newport Beach, CA
    Posts
    26

    Default

    Yes you can always pay twice what the car is even worth because your rate is so high. When it comes to your credit, you loose $1000's each year to higher interest rates for no other reason other than you choose not to do something about it. If anything educate yourself on how credit works. Call your creditors and negociate settlements on the smallest accounts first and work your way up. Open up a couple samll secured credit cards to start building good credit.... I've posted an article on the truth about credit Scores on this forum. The worse thing you can do for bad credit is to do nothing at all. It isn't going to fix itself.

  8. #8
    Lydia is offline White Belt
    Join Date
    Jan 2011
    Posts
    1

    Default

    I think you should apply for bad credit car loans. This loan program can provides money to the needy people for buying the new branded car or a used car. This loan program does not check the credit history of the borrower, i.e. it provides money to bad creditors also. There are several lenders which arrange this loan program for the needy people. You can search online to get detailed information about all available lenders and then apply for the best one which meets your needs and requirements. All the Best..

  9. #9
    lizdowlink75 is offline White Belt
    Join Date
    Jan 2011
    Posts
    5

    Default

    Before trying to get any loan, work on fixing your credit. you'll spend less money doing that and getting a lower rate than paying off a high rate loan. Plus your credit will be good for the future.

Similar Threads

  1. 715 FICO score, how can i raise my credit report score
    By CreditRepairGuy in forum Credit Repair Forum
    Replies: 5
    Last Post: 06-21-2011, 04:35 AM
  2. New collections found on my Equifax Score Watch report and score
    By CreditRepairGuy in forum Credit Repair Forum
    Replies: 1
    Last Post: 08-24-2008, 11:09 AM
  3. Replies: 1
    Last Post: 05-16-2008, 12:22 PM
  4. Can I transfer an old car loan balance to a new car loan without a trade in?
    By navjeet8 in forum Credit Questions and Answers
    Replies: 2
    Last Post: 05-14-2008, 09:05 PM
  5. Collections, college loan, credit card, score 590 591 592
    By CreditRepairGuy in forum Credit Repair Forum
    Replies: 0
    Last Post: 01-03-2008, 11:53 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •