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Step 1
The fist option would be to take advantage of the many online services offering bad credit no credit auto loans. There are a large amount of these sites available that provide financing to those with difficulty getting loans from banks and other financing companies. Take your time to visit a number of these types of sites to compare rates, requirements, as well as to check the legitimacy of each. Never give out your personal information, such as social security number, etc., without being confident the site is legit.
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Step 2
If you are unable to find bad credit no credit loans online, or are uncomfortable with this type of process, the next step would be to try to get a co-signor for your loan. This provides better interest rates, lower down payments, as well as other advantages.
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Step 3
Without a co-signor, the next step would be to locate a buy here, pay here lot in your local area. Most larger cities have a number of these types of lots that offer a special financing arrangement. Normally, you will be required to make a hefty down payment and then larger monthly payments each month. However, many of these types of lots are starting to offer more competitive rates due to the online auto loan options.
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Step 4
The last step would be to simply save up money for a larger down payment and reapply with a few of the online no credit bad credit financing options in 6 months.
