Saturday, November 16, 2013

3 Bad Credit Car Loan Tips

Are you tired of driving that old car around? If you're ready for a new vehicle and you have bad credit, here's a few bad credit car loan tips that will help you out along your way.

Instant Approval Car Loans After Bankruptcy

Chapter 7 bankruptcies and more commonly, chapter 13 bankruptcies leave a mark on your credit report that lasts for 7 to 10 years. Obviously, you're going to need a car loan before those 7 to 10 years are over. So where can you go to get an instant approval for a car loan after you have had a bankruptcy.
Online car loans, if you have bad credit, give you the opportunity to obtain car financing without having to have a cosigner or a down payment. You have to be cautious to avoid scams and gimmicks, however there are really great sources on the Internet that you can use to obtain fast online car loans without the hassles and headaches of having to go through a local dealership or local bank to get approved.

Get Online Car Loans With Bad Credit & No Money Down!

Online car loans, if you have bad credit, give you the opportunity to obtain car financing without having to have a cosigner or a down payment. You have to be cautious to avoid scams and gimmicks, however there are really great sources on the Internet that you can use to obtain fast online car loans without the hassles and headaches of having to go through a local dealership or local bank to get approved.

Student Car Loans For Bad Credit

Note: If you are in 9th grade and are looking for a car loan, I applaud your entrepreneurial spirit although this article is not for you.

Used Car Finance - What You May Want to Give Some Thought To

Many individuals buy used cars and there are many bargains out there. While some used vehicles cost just a couple of hundred pounds, others can be a great deal more. If you buying a high end used car you will have to consider used car finance options. You may also have to decide where you were going to buy your vehicle. You could decide to buy privately, choose a used car dealer or even search for your used car online with a specialist website.

Used Car Finance Could Help You Make Your Purchase

Many who want to swap their car or buy their first vehicle decide not to splash out on a brand new model and instead turn their search on used cars. Very few have the money to pay cash for their purchase and so have to find a way to borrow money. If your credit rating is good then your options are more open when it comes to getting the best rates of interest on your used car finance loan. However, should your rating be less than perfect you could have trouble getting a loan at all or you may have to pay over the odds for the rate of interest.