2007-10-15 05:46:18 · 19 answers · asked by Brandon 2 in Business & Finance ➔ Credit
I have a friend that had pretty bad credit and he called a company called BarNone and was able to get a car. I think their website is barnone.com.
2007-10-15 06:12:11 · answer #1 · answered by Daniel C 1 · 0⤊ 0⤋
1
2016-09-30 17:10:12 · answer #2 · answered by ? 3 · 0⤊ 0⤋
There are a lot of finance companies that specialize in auto loans, and many that do offer loans to poor credit risks. You can try applying to one or more on them online first, and then if approved, you can take their credit line to any car dealer you choose. For many of these, if you have a job, you can get approved. but they charge much higher interest rates than available for better credit risks. Other good alternatives are getting a co-signer, or trying dealers that finance their own loans who offer credit to people with poor credit.
2007-10-15 05:58:11 · answer #3 · answered by theHoundDawg 6 · 0⤊ 0⤋
Auto finance is what I do for a living and I don't know what lender they submitted you to, but if you can prove your income and have a down payment you can be approved.
Find a dealer that advertises Special Finance and go talk to the manager, they can help you.
2007-10-15 05:50:12 · answer #4 · answered by ? 7 · 0⤊ 0⤋
Save up the majority of the cost to put down as cash and just ask for a small loan. Cars depreciate so fast so you want to have a low balance so it won't become worth less than you owe on it.
2007-10-15 06:22:02 · answer #5 · answered by Flatpaw 7 · 0⤊ 0⤋
i'm an motor vehicle Finance supervisor. With a score of 408 your alternatives are constrained. in looking dealership on your area that makes use of credit popularity. they are going to report your stable money to all 3 credit bureaus and could finance you. be waiting to pay 15 to 20% down on a motor vehicle, shield it for 18 months and commerce it in. With a score of 408 you could't be to picky on the motor vehicle till think ofyou've have been given 6 or 7 grand down. stunning stable fortune!
2016-10-09 06:43:18 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You could always go to one of those "We tote the note" car lots, but keep in mind, you're going to pay out the wazooo in interest! It would probably be better if you simply saved up your money and paid cash for a used car.
2007-10-15 05:49:19 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Some dealerships will let you get a car regardless of bad credit. Research those dealerships in your area.
2007-10-15 05:49:21 · answer #8 · answered by music_love84 3 · 0⤊ 0⤋
peiree money mart or capitol one online does car loans for people with bad credit but you will pay up the ying yang
2007-10-15 05:48:51 · answer #9 · answered by MiMi ♥ 4 · 1⤊ 0⤋
Save up your money, and buy a nice used car. It's not fun having a car note.
2007-10-15 05:49:11 · answer #10 · answered by Fannie Ella 4 · 2⤊ 0⤋