Car Loans For People With Bad Credit
In this dwindling economy, there are things we want and even need that seem so elusive. We strive to make ends meet, but it’s just too hard sometimes.
You could actually get approved for a car loan even if you have a low credit rating by making use of bad credit car lenders online that zero in on working with those who have credit scores as low as 480. Imagine that! For the most part, no down payment will be required just as long as the loan value of the vehicle is not far from the purchase price. To dodge being asked for a down payment, you must see to it that you’re getting a good price on the car that you’re eyeing.
The best thing about this kind of car lender is that you need not limit yourself to only picking the car of your choice from one car lot. As a matter of fact, you can buy your car from practically anywhere. This can even be done online, from shopping the local classifieds or at a dealer anywhere. This presents you a lot more opportunities as compared to going from car lot to car lot trying to get approved at a reasonable rate.
Majority of car dealers don’t have access to the best bad credit car lenders. This is because they can’t generate as much money selling a car to someone with a low credit rating as they would when they sell it to people who have good credit rating. Why, you may ask. Bad credit car lenders don’t agree on dealer fees and other things being added to the price of a car. They see to it that the amount you drive away owing on the car isn’t really that much more than what it’s really worth. This can actually benefit you, considering you’ll be prevented from making bad decisions.
Categories: Loan Articles Tags: approved, Bad Credit, car lenders, car loans, dealer, loan
What is the easiest way to get a personal loan?
Question by Baked: What is the easiest way to get a personal loan?
I’m trying to get a fast personal loan, which is the best company to go with if you have bad credit or low credit ?
Best answer:
Answer by someone
Only way you will get a loan is through your bank and have payments debited from your checking account
What do you think? Answer below!
Do you need an installment loan to maintain or build credit?
Question by AquaAngel: Do you need an installment loan to maintain or build credit?
By the end of this year, I will have all of my insallment loans paid off except for my mortgage. I have 2 credit cards that will be in good standing, low balances and all that. I want to build my credit to get the best rate I can to build a house in about 2 years. Am I going to need another installment loan on my credit report to have a good enough score? Or will the mortgage and credit cards suffice?
Best answer:
Answer by TheOnlyBeldin
Unless you have instances of defaulting or non-payment in your past, with the situation you describe, your credit should be good enough. Check your credit report for any errors.
Give your answer to this question below!
Categories: Loan Questions Tags: Build, Credit, enough, Installment, loan, maintain, Need, Question
Can you get a personal loan while in chexsystem?
Question by David: Can you get a personal loan while in chexsystem?
Six months ago I co signed a auto loan for my brother at a credit union with no problem. If I go back to the same credit union will they let me take a personal loan by myself. I have been in chexsystem for 4 years now and have since paid all my bills. I have a credit score of 771 and a employment history of 5 years and make 40-$ 50000 a year.
Best answer:
Answer by someone
Yes you may qualify at this point especially if you no longer owe a bank money
What might be the problem is that loan you co signed. The lender considers that amount owed as belonging to you and thus you no longer have enough income to repay 2 loans.
Add your own answer in the comments!
Categories: Loan Questions Tags: chexsystem, loan, Personal, Question, years
Where online can I find a personal loan with bad credit and no bank account?
Question by : Where online can I find a personal loan with bad credit and no bank account?
I am in desperate need of a loan due to unexpected medical bills. I have bad credit and don’t have a bank account. The only offers I am finding are for payday loans and cash advance loans that only offer a small amount of money. I need a loan where I could possibly get around $ 1000. Can anyone help?
Best answer:
Answer by Bills.com
Your situation is difficult and, unfortunately, there are no magical solutions. Payday loans and cash advance loans are in general very poor solutions, as they put you in a cycle of paying back more and more debt, at faster rates. If available, they are expensive and do not solve your problems.
Since your poor credit and lack of bank account will not let you take an unsecured personal loan, your only real options are using some type of asset (such as a retirement account) or a personal family loan. If you do take out a payday loan, because you can’t find any other option, make sure that you pay the loan back as agreed. Missing a payment will lead to extremely high penalty costs that make it next to impossible to dig yourself out of the hole and can lead to very aggressive payday loan collections http://www.bills.com/pay-day-loan-collection-advice/.
You may want to look into peer-to-peer lending, too. http://www.bills.com/peer-to-peer-loan/
Add your own answer in the comments!
Same Day Cash Loan – Pay back loan in 100 days
Have you ever tried going for a cash loan that you can get the same day you applied? Have you ever heard about paying your payments out? Meaning, you are able to pay you loan back over time. You can even find them online, and they let you pay within 100 days. This will be perfect for you want loans but in need of time to repay. Here is an article that will give you some significant info about the same day cash loan,
What are the requirements?
You need to be at least 18 years old to apply
A valid social security number
Be employed for at least 3 months and currently working
A legal U.S. citizen
A valid resident address
How much money can you receive, you may ask. It is actually based on the information you give on your application. You can get from $ 250 to $ 1,000. However, you can get as high as $10,000 in some cases. Is it safe to give out your information to these kinds of companies? Yes, it is actually safe, considering their websites will protect your information with “https” security.
You will see on the top part of the application page on a cash loan site the “security feature”. Such security feature is “https” and it’s always see at the beginning of the URL, in the address bar. If you’re in the military and hesitating to get such quick loans, don’t worry, you still can. You will be treated the same with civilian applicants.
After having completed your application and having submitted it, you can be approved in just a matter of minutes. After getting approved, you can get your cash in an hour.
Related Pay Day Cash Articles
Categories: Loan Articles Tags: 100DayLoans, cash, loan, same day loans
Loan Officer Book!: Earn Six Figures Without a College Education!
Loan Officer Book!: Earn Six Figures Without a College Education!
So you are thinking about becoming a loan officer? It’s true, loan officer jobs pay more than most any other occupation out there, assuming you haven’t passed the bar or made your way through medical school. But it can’t be that easy, could it? To make six figures without a high school diploma, you would think you’d have to invent something or start your own business. But the prospect of being a loan officer has changed conventional thought, especially as the housing market shot off in recent years like a bottle rocket. So now as we lay in the wake of the housing bubble bust, are loan officers still making money? The answer is a resounding yes! If a loan officer closes (5 to 10) 0,000 mortgage to close and fund a month, it often equates to a huge payday, sometimes as much as half year’s salary working a minimum wage job or a lower paying occupation.
List Price: $ 14.99
Price:
Who is the best company to get a home loan through with bad credit?
Question by Jessie: Who is the best company to get a home loan through with bad credit?
I have pretty bad credit and I need a home loan, but I don’t want to get screwed.. does anyone know who I should go with?
Best answer:
Answer by Quicken Loans
I recommend looking around for “subprime” lenders. They are companies that specialize in working with clients with bad or less than good credit.
Are you sure your credit is bad? Make sure you know your credit score. If you truly do have bad credit, you may want to take some steps to improve your credit before you apply for a mortgage.
Also keep in mind that the rules and regulations for the subprime loan market have changed recently and it may be hard to qualify for a loan.
But anyway, do a search for subprime lenders and you’ll find a company that can help you. I work for Quicken Loans and you can contact us also if you like. We don’t do very many subprime loans, but you never know what you qualify for until you speak to a mortgage professional and get real and accurate advice and numbers.
Know better? Leave your own answer in the comments!
Where can I go online to compare rates for a personal loan?
Question by LineQ: Where can I go online to compare rates for a personal loan?
I want to borrow some extra money for school (not a school loan). Is there any where I can go to find the best interest rates for a personal loan like they do for car insurance?
Best answer:
Answer by Andrea
http://www.bankrate.com will show you rates in your area. You should know that you have to have excellent credit to get a personal loan and also have the means to repay it.
A credit union is your best bet for a good rate and a safe lender to deal with.
Give your answer to this question below!