How To

How to Get a Bad Credit Auto Loan

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By mona979
User-Submitted Article
(5 Ratings)
Get a Bad Credit Auto Loan
Get a Bad Credit Auto Loan

If you are searching for a auto loan then one of the first thing a lender is going to look at is your credit score to determine how much of a rate you will have. If you have bad credit then there are many options for you but the rate will be higher but you may be able to refinance at a later time.

Difficulty: Moderate
Instructions
  1. Step 1

    First you need to go shopping for the car that you want so that you know what the total cost of the vehicle will be.

  2. Step 2

    Secondly you need to talk with a lender who is separate form the dealer so that you can find a bad credit loan at the best rate possible. This is usually better found form a lender not associated with the dealership.

  3. Step 3

    Finally it is important to know that you can always improve your credit and refinance you car at a lower rate of interest.

Comments  

randy44 said

Flag This Comment

on 10/18/2009 Great Article

on step 2 if you need a bad credit lender for an auto loan i suggest you visit http://www.ebadcreditlenders.com/index.php/auto-loans

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