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Step 1
The first step to take when looking for bad credit auto loans is to find a dealer who specializes with bad credit buyers. When you find a dealer who will accept that your credit is not perfect will base your loan on other factors. You will need to be employed. You should have a checking account and evidence of income such as pay stubs or tax forms. The dealer will need evidence that you have the ability to pay your car note.
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Step 2
Once you have all the necessary financial documents gathered you can apply for a bad credit auto loan. Read the contract and make sure you understand all the fine print. There should be an official sheet that shows that exact cost of your loan. Do not sign any contract unless you feel completely confident that you understand it.
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Step 3
Once you have that car make the payments. Follow your contract and make sure if you have any problems to contact the finance company. With time and responsible credit use your credit will get better.
