Auto loan with bad credit and on unemployment?

I'm currently looking into purchasing a used car no more than 5000. I am on unemployment and getting about 1800 a month from that. What do you think the chances are of getting financed on unemployment??

Auto loan with bad credit and on unemployment?

I would think that a lender wouldn't like to see unemployment as a source of income. Regardless, if you have %26quot;bad credit%26quot; then that will be your biggest challenge to overcome.

Auto loan with bad credit and on unemployment?

Pretty good if you want to buy a $5000 car and pay $10000 in the end. Save your money and buy a clunker till you get a job.

Auto loan with bad credit and on unemployment?

I doubt you will get approved for an auto loan, even though it's so small. You should definitely start with getting a job, then start building your credit via secured credit cards. In the mean time, just by a junk car for now to take you from point A to B.

Auto loan with bad credit and on unemployment?

There are many auto loan options available today. Today, stiff competition among auto loan financing companies%26lt;!--has made it possible to get a car loan or an auto loan at favorable terms.

http://best-loans.awardspace.com/autoloa...

However, before you sign the paper for financing your favorite set of wheels, do your homework to ensure that you get the best car--%26gt;finance option. You can apply for online car loans on the Internet, or get it from your car dealer.

Auto loan with bad credit and on unemployment?

I found The best info about your Question HERE:

(VERY good loans - c.cards - credit repair %26amp; score; info)

http://new-loans-center.blogspot.com

Good luck!

Auto loan with bad credit and on unemployment?

Yea with bad credit you can get a auto loan. Your interest rate will be high though. But unemployed?

At a minimum you have to be able to prove you can pay for the life of the auto loan. Unless I'm mistaken unemployment does not last indefinitely.

Save a little to pay cash for a vehicle look for something older that is reliable and around $500. And get a J O B

Auto loan with bad credit and on unemployment?

I don't know if this will help, but it sounds like it could. It doesn't hurt to check it out.

http://get-that-no-credit-loan.blogspot....