Truck Loans Bad Credit
Car Loans and getting stuck hard?
I have a 99 chevy blazer 114,000 I owe 7500 still interest rate is 22% I have bad credit and the truck needs repairs. Can’t refinance I am thinking of trading in and adding difference to loan I have bad credit but make my car note regularly can I ask for a better interest rate?
you can ask for a better interest rate, but if your credit is not so great, the financial institutions pretty much have control on what they give you.. it still won’t hurt to stand firm and do what’s most financially sound for you. i’d say do your homework on the value of your blazer and the vehicle you intend to purchase. use a loan calculator to figure out payments on your own with different interest rates so you have an idea of where you stand before you’re on the car lot. and negotiate the *price* of your new vehicle with the dealer. don’t give an answer when they ask what you want your payments will be.. you’re looking at price and interest (you’ve already done your homework)… good luck to you…