I have been on Social Security Disability now for 1 year. I spent 6 years before that unemployed and fighting to get help for my disability. If you are familiar with SSD, you know you may be in for a wait. My wife works full time and has been there for seven years. We acquired a lot of medical bills while I was down and are presently in the process of paying those off( we allowed a lien to go through on my wifes paycheck at 25% taken out for the medical bills) Our problem now is that we need financing for a car and don't know where to turn. Both of our credit ratings are lower now due to the medical bills. We were able to buy our house over a year ago using just her credit rating. Now mine is higher than hers due to the lien on her payroll but still fairly low.
2006-10-29 15:05:41 · 8 answers · asked by taboobiker73 3 in Business & Finance ➔ Credit
Do you need to finance your car?Are you financially down.I give out loans at low interest rate of 3% to people,firm and studentsI give out loan to Business Men and women who are into Business transaction, I give out long term loan for three to five years maximum with your interest in this you can as well tell me the amount you need so that I send to you the terms and condition that is if you are realing interested in getting a loan from me, Loan is given out in Pounds and $US and SGD the maximum I give is 5,000,000 both in pounds and $US and the minimum 1,000 pounds and US$ and SGDso if really you are interested mail for more info on how the loan can be transfered to you. There is one Question i have to ask are a serious individual that we take a loan and pay back after duration with the interest, if you are honest I will trust you because I like to do business with Honest people if you are one you will get the loan with out problem and for your information if you should more loan like $10,000,000m I can give only if you are one of these cartigories:
Manager of a company
A private Holder
A broker in banks
A director in any office or company
A high investor of and compay
If you are one of the following you can get $10,000,000US as loan or if personal loan you can request for 5,000-5,000,000 as loan. hope to here from you soon.
Name In full____________ ____________
Occupation___ _______________ ______
Country_____ _______________ _______
State____ _______________ _________
City___ _______________ ___________
Zip code:__ _______________________
Phone Number ____________________
Sex _______________ ______________
. Mind you loans is given to every part of the world only if i see you to be honest and will pay back after duration. If you are interested you have to send the amount you need as loan so that i can give you the terms and condition on the loan for your information loan are given to every part of the world on honest people so if you are honest apply for the loan now. email chris_per_lenders@yahoo.com
Thanks.
2006-10-29 23:05:43 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Your best solution is probably going to be to try to pay cash for an older car.
In your financial condition, you should not be getting a car loan.
The auto lenders are very unscrupulous at getting people like you into a high interest rate financial deal.
They want you to pay way more than anybody should be allowed to pay and they will wait anxiously for you to make a late payment so they can reposses the car and at that point....you no longer have the asset of the car.....all the money you paid into it...even if you are ahead of your payment scheduled is gone.
So why pay an outrageous interest rate like 18 or 22%?
Just go for a good used car and try to pay cash or borrow from a friend/family member to pay for it.
You are already pretty extended now. Why risk it?
2006-10-29 15:55:12 · answer #2 · answered by markmywordz 5 · 1⤊ 0⤋
You just have to shop around. There maybe someone out there who will finance you but you will be paying a very high APR. Creditors usually are very understanding about medical bills. As long as you have other credit that is good you should find financing somewhere.
2006-10-31 15:20:39 · answer #3 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋
Go to Prosper.com. Read,Read,Read Find a group to join, be completely honest and transparent with the lenders on the site, it is a peer2peer lending environment. Most people can forgive a borrower that is working to improve the situation by paying the debt down. You just might get a loan.
2006-10-29 17:09:46 · answer #4 · answered by Tommy 1 · 0⤊ 0⤋
Maybe you could get a family member, or a good friend, to co-sign for you. Some car dealers will give you credit, if yours isn't very good, but you will have to pay a high interest rate. Call around to some dealers, and see what they have to offer..
2006-10-29 15:10:34 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Kiss your down payment goodbye. If you don't make your payment you break the contract terms and you'd be thrilled to only forfeit the down payment and not get sued in the aftermath. Whether that's all that happens, who knows, but I didn't need to see that blog to say that much.
2016-05-22 06:36:53 · answer #6 · answered by Anonymous · 0⤊ 0⤋
This is Mr chris peter,the loan lender who answered you question on yahoo answer.If you have contacted me before regarding the loan you need via chris_per_lenders@yahoo.com,sorry to say that you are suppose to contact e via chris_pers_lender@yahoo.com as i am having temporary problem with the first email address.Contact me today via chris_pers_lender@yahoo.com
2006-10-31 23:13:31 · answer #7 · answered by Anonymous · 0⤊ 0⤋
get a part time job one that pays Lot of money and save that money to buy or to pay insurance on your car
2006-10-29 15:13:05 · answer #8 · answered by Anonymous · 0⤊ 0⤋
People who buy a house don't tend to buy a car within a year.
2006-10-29 15:10:49 · answer #9 · answered by Anonymous · 0⤊ 1⤋