Please help!!?

Question

I recently had my car repo'd, and would like to know what my chances are of getting another loan, im not planning on financing a large amount, maybe 5K or less. Or maybe i would be better off going to a buy here pay here dealership, I would buy a car outright if i had the money for it, but can't afford to do so right now, any advice would be appreciated

Answer 1

My best advice to you would be to go to your bank and ask about loans. They are really helpful when it comes to giving you all the info you need to know about your credit and how to raise your credit score, thus making you more eligible for a loan. When I went, they gave me my credit report (although I was denied the loan) and told me what things I needed to do to improve it and all kinds of good advice. You might be better going to one of the buy here pay here dealerships. Most places like that will work with you weekly, biweekly, etc..whatever's more convenient for you. Not to mention when you get a vehicle through a place like that, you don't have to get full coverage insurance, which will save you even more money!! Just make sure if you choose that option to check the vehicle out really well to make sure you're not getting taken. Another advantage is these places don't seem to want a huge down payment either which will be more convenient on your behalf. Hope my advice helped!