How to Get a Car Loan With Bad Credit

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Summary: Getting a car loan with bad credit may involve buying from a smaller dealership that uses secondary finance companies. Higher auto loan interest rates may be unavoidable, but getting a car loan may be easier with insight from a credit repair specialist in this free video on auto loans.

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By Adriel Torres
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Adriel Torres has been in the mortgage business for over a decade. He has owned two mortgage companies and is a licensed mortgage broker. Torres has been doing credit repair since...read more

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Video Transcript

"Hi, so you're wondering how to buy a vehicle with bad credit. No problem, I'll be able to answer that. My name's Adriel Torres and I'm the owner of ultimatecredittoday.com. Most people that need to buy a car and have bad credit and going to have a challenge, a bit of a tough time if you're going to say a Ford or Chevrolet dealer, big dealerships. What you need to do is you need to go to a smaller, buy here, pay here, maybe a small chain in your town that deal with challenged individuals or people that have non-existent credit or bad credit. And most of those dealers are setup with secondary finance companies that deal strictly with people that have bad credit or non-existent credit as opposed to the bigger dealerships, the big chains, the big Ford dealerships or the big Chevrolet dealerships. Go to a smaller, buy here, pay here and most of those will have secondary financing. That's exactly how you get a car loan with bad credit or non-existing credit. Again, my name is Adriel Torres and I'm the owner of ultimatecredittoday.com. Thank you very much."

eHow Article: How to Get a Car Loan With Bad Credit

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