Question by John: What is the best place to find very bad credit car loans?
Best answer:
Answer by yours truly
Go to college and take out financial aid loans in order to afford transportation to and from class.
Know better? Leave your own answer in the comments!
CarCredit.com has the car you want and the credit you deserve. With a nationwide network of bad credit auto loan dealers, you will get approved for an auto loan!!
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JD Byrider
Just Right
Their loans will have high interest rates and their cars won’t be too nice, but they’ll approve you if you have a job and some money.
There are several options that you can consider. The absolute worst is the buy here pay here lots. Those guys will really get you. You can try your hometown bank, sometimes if they know you personally they will loan you money when no one else will. Many people have the best luck by looking online. One website that I personally know of is http://badcarcreditloanneed.com. I know that it has a crazy name but they link to several lenders that I know work with people in bad credit situations. I hope this info helps and good luck finding your car loan!
At the home of your richest relative.
The online places are a good place to try for a private deal. If you are buying from a dealer, they most likely will be able to obtain financing for you. The Buy Here Pay Here lots are not as bad as people think. If you compare the total cost of the payments there with the total cost of a high interest loan,they are about the same. What you need to watch for with these lots is that some of them don’t report to credit bureaus and therefore your credit won’t be repaired with this type of loan. Always ask!