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Saturday, October 24, 2009

How can i get an auto loan with extremely bad credit?

I am trying to buy my friends 2003 mazda speed protege.

How can i get an auto loan with extremely bad credit?
Probably the best thing you can do is get someone who owns a house or has a really good credit rating to co-sign with you.





After that (or before if you like) you should look around for places that specialize in bad credit loans.





I don't know why you have bad credit, but sometimes the system really is unfair.





When you start looking for places that specialize in bad credit loans, what you want to use is some kind of broker instead of just one company. A broker can submit your application to multiple lenders all at the same time. Those lenders then make offers and compete for your business, and you just pick the deal that suits you the most, or none if that's the case.





The site listed in my source below has links to three brokers who specialize in auto loans for people with bad credit. It's a scam review site, and it speaks positively of all three brokers so maybe you should give it a try.





Brokers are great because it's free to use their services.
Reply:Hello Every One,


I am Patience Andrew by name, I live in Switzerland, just a few month ago I was in search for a loan of $ 40,000 Dollars, as my family was running out of money for feeding and my Business. I was scammed about $7,500 Dollars and i decided not to involve my self in such business again , finally A colleague of my introduced me to a loan firm due to my appearance and doings. I made a trial and i am most grateful am i today, i was given a loan amount of 70,000 Dollars by this great firm Joseph Micro finace managed by Mr.Joseph Matthew .


If you are in need of a ganuine or legit loan or financial assistance and you can be reliable and trusted of capable of paying back at the due time of the funds I will advice you to, contact him via email.


josephmatthew@maktoob.com


and you will be free from scams in the internet.



Reply:2 ways: Either lots of money down, like 50% of the vehicles value or get a strong co-signer.
Reply:Get a co-signer... or you're going to pay a really high interest rate... It's really hard to get a loan now too
Reply:i would try and have someone co sign for you

lily

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