Need advice on an auto loan with bad credit?

I am looking to buy a car. I have horrible credit. My score is probably around 500. My income is around 110,000.00 and have outstanding debt of $60,000.00. My wife has excellant credit, but no job at present. I am looking at trying to get a $20,000 auto loan. I have two autos that are paid for. About 50,000 in my 401K. What is my chances of getting approved for a loan?

Need advice on an auto loan with bad credit?
It's going to be rough with that. I would try contacting Lending Tree, ELoan, or My Auto Loan and letting them do the work for you to get the best rate. Be sure to tell them everything you said in here and they'll do their best.





You'll get a really good rate if you are military or directly related to someone who is. If you can find an in like that with a credit union, your rates will get better.
Reply:Hi,


I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It's legitimate.I came across this company on NBC News Special Edition.Check it out here:


http://urlcut.com/1kvhf
Reply:Hi


I saw your question I have decided to help people out due to the fact that I myself has been scammed twice by fake lenders in my search for a loan but at last I got a reliable lender that gave me the loan($60,000 USD) that I was in dire need of even with a bad credit. Hence I decided that I will refer anybody I come across to this God sent lender he is reliable and his terms are fair. You can get to him via his email address charles_lenders@yahoo.com Please tell him that Deborah Kirk he gave out a loan to me . I have search for a legit lender until I got him and I decided to help my fellow humans with this because there are a lot of fake lenders out there and I do not want any body to fall a prey please get to him and tell him that I referred you to him.





Thanks.


Deborah Kirk
Reply:Hello Dear,


I saw your recent postings on need a loan as well as some financial assistance.


I am currently located in the united kingdom and i would advise you to obtain your loan from a private lender here in the United kingdom where i had obtained my loan from.


I have been scammed before because there are lots of scammers out there waiting to prey on innocent people like you.


They will help you acquire a loan within six working days at a reduced interest rate of 2.0% which is simply great and even if your credit is less than perfect.





Here's their contact address:moorejohnson95@yahoo.co.uk