Bad credit car loans in Chicago?
I have horrible credit, I had clinical depresion for about 2 year, I was in medications and now I am med free and have a good job, but I get paid cash. I need to buy a car, but I have bad credit due to non payment on several accounts. I am making arrangements to pay them off and hope to rebuild my credit and my life once again. I need to get a car for the winter. Any car dealerships in the chicagoland area that would give me a second change with my credit conditons. I can give about $1,000 downpayment. Please help me.
Public Comments
- One of the interesting thing about our car-obsessed society is the fact, that even if you declared bankruptcy yesterday, SOMEBODY will lend you money to buy a car. The problem is, if you have bad credit, you will be dealing with small dealership finance departments, who are generally 1 step up from loan sharks. If you go this route, read the fine print carefully, and be prepared not to sign. These people say they will finance anybody, and they will but the price is very high. 2 other options which night make more sense. 1) find a friend or family member to co-sign a legitimate car loan for you. 2) Buy a $1000 car. Assuming that the appearance of your vehicle is not important for your work, you should be able to find some rusted or dented thing about 10 years old, which was pretty plain in the first place and runs fine. Good Luck!
- You don't need more stress in your life. Don't get a car on a loan. Visit DaveRamsey.com to understand how the banks don't want you to learn. I bought a used car $2000 drove it saved money , year later sold it $1500 saved $2500 bought $4000 car. Year later sold it $3200 saved $3000 got $6000 car. I'm in a $16000 used not abused car without a i love debt slave loan. you can do it
- everybody gets loan for car
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