My credit is not that great although I am trying to make my payments regularly to the credit card...my credit doesn't seem to improve. I need an auto loan urgently. I have a good steady income. Is there a possibility to get the loan? Should I go to my bank or to the car dealing or some other creditors like Capital One? Any advice? Thanks
How to get an auto loan with poor credit?
Assuming you don't have the cash for a car, then you should try for a loan. Just make sure your getting the best interest rate you can and get a free copy of your credit report and clean up your credit! I personally would not go to Capitol One.
Why not start making repairs to your credit as well? I had to do this after ID theft and bankruptcy and I still got my score up from 486 to 730 in a little over a year and I'm not carrying much debt!
Go to my website and read it all and you will find info you can use, I'm sure! If I did it then you can too!
How to get an auto loan with poor credit?
speak with your local Credit Union bank, I'm sure they can work with you. You will most likely be paying a higher interest rate, but they still will get you an auto loan.
How to get an auto loan with poor credit?
Get a cash car. It'll get better gas mileage if its not dragging a payment book behind it.
Put what would have been your car payments in the bank.
No payments = cash in the bank.
How to get an auto loan with poor credit?
Instead of focusing on your credit score, you should focus on saving as much of your hard earned money as you can. Save up and pay cash for your car. If you can %26quot;afford%26quot; to make monthly payments, then you can %26quot;afford%26quot; to save up for a few months and pay for a car in full. When you get tired of that car, save up some more money and repeat the process.
Remember, whenever you take out a loan or keep a credit card balance, you are making someone else rich with YOUR money.
How to get an auto loan with poor credit?
check out www.callusfirstfinance.com or to see what the providers are after they are some non bank lenders on the panel good luck
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