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Summary: Obtaining a car loan is as simple as going to an auto dealership, giving a down payment and filling out all necessary loan paperwork. Attempt to secure a loan with a bank or credit union as well before heading down to the dealership with tips from a credit repair specialist in this free video on auto loans.
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
"Hi, you need a car and you're wondering how to obtain a car loan. No problem. I'll be able to tell you how to do it. My name's Adriel Torres, I'm the owner of ultimatecredittoday.com. A loan to purchase a vehicle is not quite as hard to get as it is to get a mortgage. And most, most car loans can be obtained at your local, local dealer where's there a big dealer or a small dealer. Now if you have good credit then I suggest you go to either a credit union or a perhaps try your bank first or your credit union. They have programs that are for their members or for their account holders which will give them a better rate, better terms than you would if you went to a dealer and got their financing through one of their companies. Now if you have bad credit what I do suggest is to go to a smaller dealer perhaps a dealership on your neighborhood or in your city or in the town you live in and those dealers are set up with financing from secondary companies. Just because you have bad credit doesn't mean you can't obtain. You can certainly get a car loan. So those are the ways to obtain a car loan. Again my name's Adriel Torres and I'm the owner of utimatecredittoday.com. Thank you very much."
eHow Article: How to Obtain a Car Loan