Good online auto finance company who works with bad credit?
I've recently moved, just started a new job and need a car. My credit is fairly bad, though I am working on it and wanted to know if any of the "we finance anyone" online finance places were good, or if there are some I should definately not use? It worries me a little to give my personal info out to some of these places when I have no idea if they're legit. Any suggestions?
Public Comments
- Don't use an on-line company for a loan if you've had credit issues. They will usually grant you a loan, but at a much higher rate than you could get otherwise at your local lending institution. Go to your credit union or bank and meet with a loan officer. Review your credit report with them and prequalify for a loan. That way you have the same buying power as a cash buyer when you hit the dealership. Dealers have a bad habit of stealing from people in an already bad situation. Don't give them that oppertunity!
- http://roadloansracing.com/loans/content/rl/index.jsp
- capital one auto finance is kind of fair for bad credit.
* Some answers may have been provided by Yahoo! Answers.