Loan Resource Guide

Tips and Info about everything pertaining to Loans

Auto Loan With Bad Credit

without comments

auto loan with bad credit
how do I get an auto loan with bad credit?

Had a business that went bad 4 years ago and now my credit is really bad, late or no pay on everything.

With bad credit, you need to have a lot of equity in the deal for a bank to look at loaning you money. In the business this is called having co-signers named George (Washington). Without a large down payment, your only choice would be a buy here pay here lot, and the interest rate will be high.

You could check with your own bank or credit union, they may be more willing to make a loan to you because you are a known customer to them

Leave a Reply