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Does anyone one know about bad credit car loans?

Im interested in buying a car but i have bad credit. Does anyone know of any websites that offer car loans to people with bad credit. A lot of them say they do but they lie. so please help


Go to any dealer or online website and you can fill out an application.

However the problem is Every dealer and online lender will claim to be the best and will get you approved...They deal with high volume and how they really think...if you throw enough s*** against the wall something will stick

Having poor credit or no credit is the same thing, I think its important you understand how bad credit works and how to repair it, go to this web page on my hobby website http://www.usedcartips.org/CREDI.html you will get a better understanding what steps to take...good luck

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Which is better to pay off car loans, credit card or put money toward mortgage.?

My husband and I have two car loans one at 4,800 at 4.9% the other at 14,400 at 6.15% and a credit card at 10,700 at 7.9% but we also have a mortgage. What I’m planning on doing is having my husband sign up for another credit card because the current offer is no interest till 2008 (including balance transfers, there is a fee but the max fee is about how much we pay for the finance charge in one month. What I don’t know is if I should put our tax refund toward bringing down the lower car loan so the 230 we put toward that every month can go to something else sooner or if I should put some toward the car and some toward the mortgage each month. We don’t know if it’s better to pay the min on the mortgage and put more toward the other loans or put a little toward the mortgage and one of the other loans. And yes while doing all this I do put a little towards savings each paycheck. Forgive me for rambling but I wanted to be as detailed as possible. Thanks!
I'm not cancelling the current card the one I would be transferring to has an apr of 9.9%. So I would transfer what's left after the 15 months back to the old card.


Pick the credit card with the highest balance and pay it off. Then go to the next one and pay it off -then the next.

After that go to the car loans....start with the car loan with the highest balance and pay it off.

Even if the interest is higher on a card with a lower balance you are still paying more because its compounded on the total balance.

I have real bad credit trying to buy a car but cant seem to get any where with these bad credit car loans?

i've tried these bad credit car loan places and get no where> I even have$ 6000 to put down and i want a $20000 van but cant get it any body know where i can go my credi score is only 570


Ya see, that's your problem. You want more than you can afford. Your payment history,income and existing debts play a factor. Buy what you can afford, for cash -- that's $6,000.

What is unsecured debt?Is it credit cards,home loans,car loans,medical bills,payday loans?

What is unsecured debt besides credit cards?Does that include home loans,car loans,medical bills,payday loans?

Bad credit car loans in Chicago?

I have horrible credit, I had clinical depresion for about 2 year, I was in medications and now I am med free and have a good job, but I get paid cash. I need to buy a car, but I have bad credit due to non payment on several accounts. I am making arrangements to pay them off and hope to rebuild my credit and my life once again. I need to get a car for the winter. Any car dealerships in the chicagoland area that would give me a second change with my credit conditons. I can give about $1,000 downpayment. Please help me.


You don't need more stress in your life. Don't get a car on a loan. Visit DaveRamsey.com to understand how the banks don't want you to learn.
I bought a used car $2000 drove it saved money , year later sold it $1500 saved $2500 bought $4000 car. Year later sold it $3200 saved $3000 got $6000 car. I'm in a $16000 used not abused car without a i love debt slave loan. you can do it

Any general rule of thumb how much your credit increases reducing two car loans to one?

Helping a family member I had 2 car loans. One was 28k balance the other 21k balance. Just sold the 28k car and paid that off. Credit is very good no late pays etc. Trying to determine how many points could that potentially increase my credit? Any idea...someone told me 30-40 points of all other credit is good, which in this case it's excellent...?


There is no way to say exactly. Sometimes it doesn't raise your score much at all. I have two car loans myself, one for 20K and one for 50K. I sold the 50K loan and my credit score only improved by 2 pts.

The reason is many factors involve calculating your score. If you closed the account which had a longer history it could negatively affect your credit. Overall credit length of time on accounts make up 10% of your score. So if you've been paying on one loan for the past 4 years and sold it while keeping the other car loan you just took out 6 months ago, your score might go down.

I use identityguard.com to monitor credit and pull my report. There are similar web site out there. They have a credit analyzer where you can create "scenarios" and it shows you how your score will be affected. (payoff loan, apply for credit, etc).

No Credit Check Loans – Personal Loans at Low Interest Rates? Subprime Blogger (blog)

Please understand that the interest rate between 12% and 18% is for borrowers who have a relatively good credit score and have built up their credit. If you desire to get in no credit check loan it likely means you have very bad credit or no credit at all. Most banks and lending institutions are not going to allow you to borrow a great amount of money because you are of risk of default.

Your credit score is your historical financial report card. You may feel that you have made very good financial decisions in your past but that will ultimately be determined by the credit agencies. If your credit score is above 740 then you are going to find it relatively easy to get an interest-rate between 12% and 18% on a personal loan.

Some of the companies that are currently offering personal loans around this interest-rate are Capital One and Citigroup. By doing personal loan searches on Google you will likely find these two companies as well as many others that are willing to help you borrow money in 2010. The only way you will know what interest rate you get is to actually apply for the loan and allow these companies to do a credit check.

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