Is there a company that will give me an auto loan with very bad credit?

I have no one that will cosign with me and my score is below 500. I need a new car because I totaled mine and have to find a new car. Any help would be greatly appreciated.

Is there a company that will give me an auto loan with very bad credit?
Get an online auto loan quote. http://www.autoadviceonline.com/Free-Aut... The automated form will let you know if you can be approved. It's free and you can get an answer in minutes.
Reply:Below 600 is hard. Below 500 is near impossible, and if you do get one, it's going to cost, ALOT. Make sure you really really like the car if you can get a loan for it because you will have to stay in it pretty much until the loan is done due to negative equity(First, if anyone can do it, they're going to sell the car for as much as they possibly can, then your interest rate will probably be close to 20% at least.





Now, if you have cash to put down, that'll help you get approved. When shopping for a car do some research first. Pick about 5 dealers that say they can finance anyone(it's a lie btw) On the same day, go to each one, tell them your situation, have them run your credit and see what they can put you into. Fight the urge(and their urge) to have you hang around. Go to the next dealer, repeat. If you're lucky, you'll get 5 offers and you can pick a car with terms that are the best of the worst. Worst case, maybe none or 1 will make an offer.





What you do not want to do is go to one dealer today, get turned down, go to another next week, get turned down, and keep that going for more than 14 days. Any inquires within that 14 day window for car loans will count as one, get outside that window, it's going to start hurting your credit more and more.





BTW, How do you know your credit score is below 500? I thought mine was 530, when I went to the dealer it pulled as 640, so don't get too discouraged.





2nd BTW, if you have money to put down, your better getting a reliable used car for that amount, working on improving your credit for a year then trading it in.
Reply:If you can wait for a bit I would suggest having your credit repaired. I fixed mine with Lexington Law. I made the mistake of doing a buy here pay here car loan once...and only once! I paid $9995 for a car worth about $5500 not to mention 21.9% interest rate! After that I fixed my credit. Now I go to the bank for my car loans :)





http://credit-repair-story.com/lexington...

ginkgo