2007-01-16 22:13:53 · 6 answers · asked by hayleystevens2000 1 in Business & Finance ➔ Credit
No that's not true, however the yes car credit type have a less stringent criteria for lending money, however the interest rates are very high in comparison with a bank loan.
Car dealers have to obtain finance from somewhere and if you are not credit Worthy normally its no.
2007-01-19 08:48:16 · answer #1 · answered by andy b 3 · 0⤊ 0⤋
Many will. Certain salesmen will offer to 'find' six months worth of payslips for you so that you are accepted for credit and they get a nice commission. They don't care if you never pay for the car, that's the credit company's problem...
But you will probably end up with a much worse interest rate than if you went to the bank and borrowed money for a car. Plus you are in a weaker position when you are negotiating for discounts or add-ons- better to have some money in your pocket.
2007-01-17 07:16:15 · answer #2 · answered by Jae 2 · 0⤊ 0⤋
Be careful! They do a credit check but are much more likely to give you credit than a bank BUT at a high interest rate so READ the small print please.
2007-01-17 06:19:22 · answer #3 · answered by Rachel H 2 · 0⤊ 0⤋
No not anyone but www.surefirefinance.co.uk can help people with a good and very poor credit history and you can apply online.
2007-01-17 07:42:43 · answer #4 · answered by Anonymous · 0⤊ 0⤋
They can...bur be careful when they ask you what you want your monthly payment to be. You will not be negotiating the price of the car but the price of your payment!
2007-01-17 09:04:49 · answer #5 · answered by hulahoops 3 · 0⤊ 0⤋
No.
2007-01-17 06:23:41 · answer #6 · answered by Away With The Fairies 7 · 0⤊ 0⤋