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Step 1
The first step to getting your car loan is to determine how much you want to spend on a car and start shopping for one. Try to go to several different dealers and establish a price first. You can also look online for cars now and work with dealers via email.
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Step 2
Now that you have found the car you want the first step is to offer a valuable item up for a down payment. Here are a few options to present to get your car loan. Appliances, televisions, electronics...pretty much any item can be used for a down payment. If the item you are offering is worth a $1000 or more you should be ok to get a car worth at least 7-8k. The higher the value of the item the more expensive the car you can buy.
If you have a home or property you can also offer it up a collateral. The car lender is more comfortable giving out a loan if they know you have a valuable property they can file a lien on in a worst case scenario (default).
See if any of your friends or family are willing to co-sign on the car loan for you. Having a family member with a good credit score as your co-signer will also help to get you a lower interest rate as well.
It is also recommended that you try to visit any old lenders you have paid off loans to successfully as they will be more trusting than a new bank -
Step 3
Once you have come to an agreement with the lender setup an appointment and fill out the loan paper work. Once all is complete you can now enjoy your new car!
