2007-07-04 06:18:00 · 9 answers · asked by Young Gun 2 in Business & Finance ➔ Credit
Ok to all the idiots with the insults..i'm paying off my debts with payments. I made these mistakes when i was younger.
2007-07-04 07:04:29 · update #1
Auto finance is what I do for a living and there are several lenders out there that will finance you.
You will need to go to a dealer that advertises Special Finance and see the Manager, they will be able to help you.
With the items you describe on your credit be prepared to make a large down payment and pay the State maximum interest rate.
What ever you do, do not go to a buy here pay here palce, most do not report to the credit bureaus and they charge you twice what the vehicle is worth.
2007-07-05 03:14:06 · answer #1 · answered by ? 7 · 0⤊ 0⤋
A car dealer might find financing for you, but interest rate will be high. You'd have a pretty hard time doing it on your own until you get your credit straightened out.
Some will depend on how long ago all this happened, and what your record has been since then. If the bad stuff is all a couple years or more back, and you've had a good payment record since then, you might have a chance. Talk to the dealer and see what they can come up with.
2007-07-04 14:11:02 · answer #2 · answered by Judy 7 · 1⤊ 0⤋
One of the key parts of your questions is "the vehicle that I want". You probably already know it's going to be difficult at best and the deal would be very expensive. You're also going to be limited. Having credit challenges and getting a new Porsche would be challenging unless you're going to put up a large down payment.
You may try drivetime.com
They claim to handle situations like this on their web site and have locations in many areas of the U.S. You'd be buying their car, not something you've picked out from a private party.
2007-07-04 13:28:03 · answer #3 · answered by businesstherapist 2 · 0⤊ 0⤋
You'll be hard pressed to get any kind of decent rate from anyone reputable. You may have to lower your standards regarding the car you want until your back debts are paid off.
2007-07-04 14:11:16 · answer #4 · answered by la buena bruja 7 · 0⤊ 0⤋
A"buy here ,pay here" type of place. They usally dont look at credit, but ask you for employment verification and references. You could probably get a car, but your APR will probably be higher than you would like.
2007-07-04 13:27:22 · answer #5 · answered by Phantasm 2 · 0⤊ 0⤋
Why should anyone finance you. You don't intend to pay them back, as you've proven from your history. Would you loan me money if I said I don't plan to repay you. NO. Save your money and pay cash. See how it feels to actually pay for something.
2007-07-04 13:26:22 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You've proven you can't handle credit. On the slim chance someone would loan you money again, why screw somebody else again?
2007-07-04 14:01:28 · answer #7 · answered by Anonymous · 0⤊ 0⤋
very likely. none. not until you clean the mess up and lots of time passes....
you have a history of not paying what you owe. why on earth would they give you money yet again?
2007-07-04 13:21:14 · answer #8 · answered by Anonymous · 0⤊ 0⤋
try americredit; they might charge you extremely high interest fees, but they do take just about anybody; you can google them.
2007-07-04 13:27:14 · answer #9 · answered by jazzpoetmonk 2 · 0⤊ 0⤋