Overhaulin'

What is a reputable place to get a car loan with bad credit?

I have a rough beacon (550) and in need of a 2nd car as my wife and I are sharing one. I just want to get a 5000-8000 loan and have payments around 300-350 a month. I do not want to go to a nuy here pay here dealership. I would rather deal with an individual selling a car.

Public Comments

1. Wells Fargo Financial should be able to help you.
2. There really isn't. Anywhere you go they will try to sell you a POS car for thousands more then it's worth and charge you the highest legal intrest rate. Car salesmen and some of the most annoying and dishonest people on earth,
3. The best thing to do would be to go to your bank and try to get preaproved. If you can't get it then chances are that you will either have to come up with alot of money to put down or go to a buy here pay here lot. You could try to find someone to co-sign for you to get the car. That would be the best route to take. Not all salesman are snakes, there are some of us that are just trying to make a living.
4. There are a huge number of banks that deal with auto loans for people with challenge credit. The two best choices are: 1. Go to a very large dealership that advertises that they help people with credit problems. A large dealership will normally have more banks they work with, more talented leading specialist on staff, and stronger relationships with the banks. (There are exceptions to this rule of thumb.) 2. Put down a large down payment. The more money you put down, the more likely the bank is to give you the loan. Also, note two additional things: 1. Depending on current rebate offers, a new car may be easier to finance with a lower payment and lower down payment for you. 2. Some credit unions are wonderful for people with credit issues. My advice is to find a dealer you feel comfortable doing business with. Believe it or not, there are honest auto dealers and honest car salespeople. Try to find one you instinctively feel good about. Generally, you will get the best deal from a "good person". For car loan quote ----------------------------------------- http://www.loansandinsurances.com/
5. Use cash. You are in no position to get a loan or even worse "fleese" a car. A website I've recommended in the past would be... http://www.safelinked.info/go.php?link=auto Good luck