Tuesday, October 13, 2009

Where can i get an auto loan with not enough credit history?

You CAN get a decent car loan, even with bad credit. I've done it, but you'll have to look around. That's one of the BIG mistakes people make...just taking the first offer that's given to them when they go to the dealer. Be smarter than that.



WARNING: DON'T GO TO BUY A CAR WITHOUT HAVING THE LOAN FIRST. The auto dealers will eat you alive and give you a crappy rate. Shop around with lenders who specialize in bad credit car loans. It's a better option, you don't have to take what they're offering if you don't want it, and it's better than dealing with the car dealer's people.



There are usually some nationally based car loan companies who specialize in bad credit car loans who advertise on the page linked below...



http://www.axalda.info/bad-credit-car-lo...



Where can i get an auto loan with not enough credit history?

The best thing for you would be to have a cosigner, I assume that youre pretty young since you dont have much credit history. this will help you build your credit too.



If you want to do it alone, most loans go off your FICO score, which is the mean (average) credit score from all 3 creditiors (Equifax, Transunion, and Experian).



Also check your credit reports. You can actually get a FREE



online credit check here: https://www.annualcreditreport.com/cra/i...



this is from each one of the creditors you can view online what is on there(i.e. late pymts, inquiries,revolving accts), however it wont give you your credit scores.



Go to www.myfico.com and you can order your Experian's credit score for a sign up 30 day trial, cancel before it ends and u wontbe charged. if your credit score is above 675 you are eligiable for low interest rates and then you should apply for a loan eiather at a credit union(best interest rates) or at the dealership (depending if your credit score is above 675).



My friend got a personal loan from a credit union, and it ended up that the interest rate was better at the dealership...



good luck, hope this helps.



Where can i get an auto loan with not enough credit history?

great lender list for auto loans even with min. history



http://www.wesayes.com



Where can i get an auto loan with not enough credit history?

You should try to get a loan through the car dealership you are buying from. But, if that doesn't work, this site might have some helpful information for you about car loans. Good luck! http://loan.divinfo.com/



Where can i get an auto loan with not enough credit history?

Go to http://www.a1creditoffers.com



auto loans for good and bad credit



Where can i get an auto loan with not enough credit history?

Try below, they are a free consumer site that has a list of car loan companies that will finance you with bad to no credit. Good Luck. I have been there too.

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