Payday Loan Fairy

I have a small dealership, 10-12 cars. I do not want to deal with the hassle of going through in-house financing. I know there are many sites that advertise auto loans, but the majority of them just refer people to a dealer who buys the leads. What I need are sources to refer my customers to obtain their own financing. Most of them have marginal to bad credit. What would be ideal is a site where I can sit the customer down, have them put in their information, and get a decision quickly, and a check sent to either me or the customer. Does anyone know of any sub-prime lenders who give online approvals?

careful scammers love this...

2006-03-18 10:54:23 by autoshowplantation

CAR LOAN FOR BAD CREDIT NO CREDIT AUTO FINANCING CAR LOAN RATES AND CALCULATOR AND ALL TYPES OF LOANS FAST APPROVAL GUARANTEED VISIT NOW AND APPLY ...

I have a small dealership, 10-12 cars. I do not want to deal with the hassle of going through in-house financing. I know there are many sites that advertise auto loans, but the majority of them just refer people to a dealer who buys the leads. What I need are sources to refer my customers to obtain their own financing. Most of them have marginal to bad credit. What would be ideal is a site where I can sit the customer down, have them put in their information, and get a decision quickly, and a check sent to either me or the customer. Does anyone know of any sub-prime lenders who give online approvals?

I am a subprime department manager, I have 4 years experience in dealing with this on a daily basis. The easiest way around this is to do buy here pay here and drop your contracts in bulk at 90 days of maturity. You can expect to get 60-75% of the value for your contracts. on-line you can try sites like HSBC, capone, orchard bank. There is another way to go, send your customers, even subprime to a local credit union. One other bank to try that specializes in subprime is Westlake financial.

2006-03-18 10:55:25 by autoshowplantation

I've recently moved, just started a new job and need a car. My credit is fairly bad, though I am working on it and wanted to know if any of the "we finance anyone" online finance places were good, or if there are some I should definately not use?
It worries me a little to give my personal info out to some of these places when I have no idea if they're legit. Any suggestions?

capital one auto finance is kind of fair for bad credit.

2007-05-24 14:41:03 by beedafay

I need to get a car, I don't have any credit, but I have like 3 jobs. any one know of any good auto financing places online?

Capital One is good. I was in the same situation a few years ago and they approved me online and with a good interest rate.

Here's a link to apply http://www.capitalone.com/autoloans/?PFFSRCID=ADGT10SRCKEYCOAFTL0004010

2007-06-05 18:32:35 by nebula1us

AT THIS TIME CAPITALONE DOES NOT HAVE AN OPTION TO PAY YOUR AUTO LOAN ONLINE.

IT SUCKS

2006-04-25 07:04:33 by seeyou

My FICO score about 4 months ago was about 650, I've since cleared up some bad marks, so I'm guessing it's a little higher now but I haven't checked to be sure.

I'm a recent college graduate just about to start a full time job, and I really need a new car. Are there any reliable online lenders I should look to? Or should I stick with dealer financing? I already tried Capital One and they denied my application based on lack of credit history and one bad mark I have on my credit history.

Many car companies like Honda & Toyota offer incentives for recent college grads, perhaps their in house financing (American Honda, Toyota Financial Svcs) also offer discounted finance rates. As far as being a first time buyer, many banks such as Cap One are going to need you to find a cosigner. Go to the dealer and if you have a 650 FICO (you must have SOME credit or else you wouldn't have a score) you should fit into a first time buyer program offered by one of the many finance companies they work with as long as it isn't a little Mom & Pop dealership.

2007-05-30 16:54:31 by aDot