Bad Credit Auto Loans?
Where's a good place to get an auto loan if your credits not so good?
Public Comments
- First of all, I say this all the time here, go to your bank & see just how bad it really is. The bank folks may have an answer for you & sometimes it's a good answer. They may even be willing to provide the loan. Naturally at a slightly above average rate. But, if you go to Bubba's used lot in the middle of nowhere, you'll get screwed at 30% or worse. Don't go from dealer to dealer appling for loans. That makes your credit worse. Start w/ the bank. I mean it!
- your bank is the best place to go for an auto loan, but if you do not have good credit they will not know what to tell. go to a dealership and talk to the sales people, they will guide you in making the right decisions, ( i know people hear bad stories about car salesmen but they do this for a living, I think they would know more about the subject than we do) and don't be scared to ask questions
- Definitely start with the bank. If you need to look elsewhere, try a site with many companies, like http://best-loans.ws/auto_loans.html and compare interest rates and costs.
* Some answers may have been provided by Yahoo! Answers.