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Could you negotiate on a current car loan even with bad credit?
Wiki User
∙ 14y ago
Yes and No, depends on your current situation. If you got approved for a bad credit car loan, and your credit score increased recently, then yes you can try to negotiate a cheaper rate. But even then it is up to your loan provider to accept or not. But if it is the other way around then you wouldn't have any negotiation power. If you are located in Canada you can try this resource at http://www.autocreditfinancial.ca good luck
Wiki User
∙ 14y ago
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What options are there to get out of debt?
It's true that there are a number of ways you can tackle your debt. If you have multiple debts across a few credit cards, you can always consolidate them with a consolidation loan or a balance transfer to a lower rate credit card. If you want to get the creditors off your back without filing for bankruptcy, you can negotiate with your creditors or even hire the services of a credit counselor or debt settlement firm who will negotiate with your creditors and help you establish a payment plan.
Can you ask for a lower interest rate on your credit card even though you have poor credit?
You can, but be careful. If your credit score has gotten worse, they could even LOWER your credit limit. Happened once to me long ago. And by the way, they can automatically check your credit and change your credit limit or interest rate. Without you even knowing it.
Is it best to call a credit card company first before accepting a mail credit card balance transfer offer?
The credit cards might have promotions or sometimes even a better offer for you. The need for them to explain all the necessary information is also very important. You can also negotiate the fee of a balance transfer when you call in.
Do bad credit payday loans further hurt your credit score?
They could further hurt you credit score. You will pay a higher interest rate which makes paying the payment that much harder which puts your credit even lower.
Where could one get an auto title loan?
Incestopia is the best place someone could get a loan just because of the simple fact that they do not do credit checks prior to signing for a loan. This allows for even people with the worst credit to get a loan for their car.
What options are there to get out of debt?
It's true that there are a number of ways you can tackle your debt. If you have multiple debts across a few credit cards, you can always consolidate them with a consolidation loan or a balance transfer to a lower rate credit card. If you want to get the creditors off your back without filing for bankruptcy, you can negotiate with your creditors or even hire the services of a credit counselor or debt settlement firm who will negotiate with your creditors and help you establish a payment plan.
Can you ask for a lower interest rate on your credit card even though you have poor credit?
You can, but be careful. If your credit score has gotten worse, they could even LOWER your credit limit. Happened once to me long ago. And by the way, they can automatically check your credit and change your credit limit or interest rate. Without you even knowing it.
Can you negotiate debt?
You can always attempt to negotiate debt. The other party has no requirement to discuss it or even consider it, but they might.
Is it best to call a credit card company first before accepting a mail credit card balance transfer offer?
The credit cards might have promotions or sometimes even a better offer for you. The need for them to explain all the necessary information is also very important. You can also negotiate the fee of a balance transfer when you call in.
Can you get accounts that were transferred to another office or lender removed from your credit report?
If they are not a reposession or charge off you can negotiate to pay them and have them removed. However, you must get proof in writing from them first before paying even 1 single penny.
What are some restrictions for bankrupt people if they seek to get credit?
There are many restrictions that bankrupt people face when seeking to get credit, the most common one is that they would find that most banks would refuse them credit even if their current economy, is stable and healthy.
Did they have electronics in the late 1700s?
No because they had no current not even batteries so it could not power
Do bad credit payday loans further hurt your credit score?
They could further hurt you credit score. You will pay a higher interest rate which makes paying the payment that much harder which puts your credit even lower.
Where could someone with bad credit apply for an auto loan?
Even if one has bad credit, one should first apply for an auto loan at the bank, credit union or financial institution where one does business. Car dealerships would be another source to apply for an auto loan even with bad credit.
Will a collection account come off your credit report if never paid?
Eventually it will. Even a bankruptcy is supposed to disappear after 7 years. However, such a thing on your credit will not necessarily stop you from getting more credit. The way the credit companies look at it, if you aren't paying that bill you have a bit of money that you could be giving to them. So you will still get the credit card applications and you could still probably even get a new car (or at least a used one on credit). But be careful. The interest rate WILL be back-breaking, and you will probably just get into more of the same trouble.
If you are shopping for a car and looking for the best loan rates will checking your credit often lower your credit?
Every time someone checks your credit there is the potential for your credit score to be impacted. How much that impact is depends upon the interaction of complex information, like all information about credit scores. Controlling and limiting inquires is a prime strategy in raising credit scores. Even in today's market, you can pick out a car, negotiate with a salesman and make a deal without allowing your credit to be pulled first. Better yet, get your own financing at a bank or credit union, and then go find your vehicle.
Where could one get an auto title loan?
Incestopia is the best place someone could get a loan just because of the simple fact that they do not do credit checks prior to signing for a loan. This allows for even people with the worst credit to get a loan for their car.
