That no one will finance me. I have a steady job, make $55k a year, but I have a significant amount of debt that I%26#039;m trying to pay off, and a pretty low credit score. Any suggestions? I need a car.
What%26#039;s the best way for me to get a car? I have pretty bad credit right now, and I%26#039;m worried...?
Study this web page it will teach you what to look out for and give you some suggestions how to get your credit score back. http://www.usedcartips.org/CREDI.html
If you study the site and have questions feel free to make contact through the site address , I may be able to guide you in the right direction with some more detail
What%26#039;s the best way for me to get a car? I have pretty bad credit right now, and I%26#039;m worried...?
Drive time commercials, say approved, approved, approved.......I%26#039;m sure at a very high interest rate, but that%26#039;s what happens when you have bad credit.
What%26#039;s the best way for me to get a car? I have pretty bad credit right now, and I%26#039;m worried...?
Repo lot, there are lots of Civic del Sols and other nice kinds of cars that I%26#039;ve seen there that auction for not too high an amount if you%26#039;re lucky
What%26#039;s the best way for me to get a car? I have pretty bad credit right now, and I%26#039;m worried...?
Check with your bank or credit union to see what their car loan policies are. Talk with a car dealer. Do not buy a more expensive car than you need.
What%26#039;s the best way for me to get a car? I have pretty bad credit right now, and I%26#039;m worried...?
Put a large down payment on the vehicle or get a co-signer but don%26#039;t use places like drive-time because you will have a very high interest rate and a long car note.
With the amount that you make I would suggest that you just go to your local bank and or credit union and see what or how they can help you.
Good luck
What%26#039;s the best way for me to get a car? I have pretty bad credit right now, and I%26#039;m worried...?
Honestly, if you are in debt you do not need to get yourself in more debt by buying a car from a dealer, reason being is that they are gonna make you buy a car you dont like, with very insane high interest rate and a long term contract. My advice is to buy a used car cash if you can. If you havent checked out craigslist.org , that would be a good place to start.
What%26#039;s the best way for me to get a car? I have pretty bad credit right now, and I%26#039;m worried...?
go to a few institutions and ask them what they require for financing. do not leave your name or any numbers because they do soft credit checks and that will effect your credit score. and in the mean time make supper payment on your debt so that way if your payments can be decreased by the time you get a new car payment that will help you out. good payment of 3 month will increase your score .do not get any other credit at this time. and if you had anything that was thirty days past due then this wont look so bad.
What%26#039;s the best way for me to get a car? I have pretty bad credit right now, and I%26#039;m worried...?
here is the best thing that you can do. Because of a low credit score you are going to be hit with a high interes, there is just nothing that can be done about that.
figure what your max monthy budget is. Dont stretch to that payment, but one that is $100.00 to $150.00 less than your max. I%26#039;ll tell you why later.
If you can come up with at least 20% - 25% downpayment against the price of the car (banks are more willing to finance if they are not financing a lot of the total value of the car)
finance a vehicle for no more than 4 - 5yrs to save on total interest charges ( the longer you finance even at the same rate you pay more interest)
the reason I say to pay 100-150 less than your max budget is so that difference can be applied separatly to the cash principle of the loan, meaning you would pay the loan faster and save on total finance charges.
if you make 55,000 a year the average secondarly lender ( bad credit bank) will allow a payment of no more than 550 to 650 per month on the average, of that is well into your budget you can get a little more expensive car and shorten the term.
what i am basically doing here is showing you how to rebuild your credit at as little cost as possible, the car you get now is to rebuild, once that is paid off, hopefully you will be in a better situation with all your bills and your credit score will increase.
which after this car you will have much more flexibility on what you can do.
What%26#039;s the best way for me to get a car? I have pretty bad credit right now, and I%26#039;m worried...?
Try capital one auto finance.
No comments:
Post a Comment