Monday, August 3, 2009

How do I get car finance, with a bad credit history?

I have a good job now but have a bit of a dodgy credit history so I keep getting refused car finance, please help!!!

How do I get car finance, with a bad credit history?
1. Get someone to co-sign for you.


2. To rectify your credit make sure you pay your bills on time, pay as early as possible. One day late hurts your credit score.


3. Get rid of all but 2 or 3 credit cards, don't get rid of the oldest ones, credit companies look to see how old those accounts are and it brings up you're credit score.


4. I don't live in your country so can't tell you where to go for a loan.


5. Putting down as much money on car purchase as possible will lower your interest rate and increase your chances.


Good Luck :)
Reply:You will always get a sales man some place who will get you a deal,after all he gets commission on what he can sell.Keep looking you will get your car.


Done It Warn the Tea Shirt.
Reply:barnone is a good company have had several friends use them
Reply:there are dealerships where you can go to for bad credit history. it will usually say'' buy here pay here" the only downfall is they require a large down payment. the cars are usually pretty nice but if they offer a extended warranty buy one and have it added into your payment.its worth the money, you can also go on line to look for these lots and do a application on line to see if your approved%26gt;%26gt;%26gt; good luck, hope I helped you
Reply:You could go online and sign up with numerous car loaner companys. But every time your credit is run 1 point is taken off your credit points and if you do get approved then always check the apr for that loan. You should start saving money and put down a big deposit like $5000.00 for the car. That way you will get to use your low apr bank for the loan and you got most of the car paid off. As long you have been at your work place for longer then 6 months and have lived at your residence for longer then a year. All banks will usally take your application when you put down a big deposit. Its just showing them that you are very reliable.
Reply:go to yes car finance, as long as you can prove you are in employment and your address and id they will help you
Reply:You can't believe me, I've tried!!
Reply:tell lies
Reply:You'll have to go to one of those companies that charge about 30% APR to get any credit on a car.
Reply:type in bad credit car loans to google it gives a list of company's and comparisons
Reply:welcome finance or yes car credit
Reply:yes car credit
Reply:You'll probably have to get a co-signer but you should seriously work on getting your credit fixed. It'll haunt you for many years to come and every time you want credit, you'll be going through this same troublesome process.


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