0
There are several companies that offer no money down car loans. Some of these companies are Fast Auto Loan Approval, Easy Auto Lenders, and Automotive.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
If you trade in a car that you owe money on will you have to pay the previous car loan plus your new loan?
Yes. It is referred to as "upside down" financing.
Where can someone get a car loan with no credit?
It's very difficult getting a car loan with no credit but not impossible. When getting a car loan with no credit the best thing to do is to save up ones money for a down payment because the larger the down payment the better chance it is to getting approved for the loan. Having proof of income and being able to make the payments helps greatly.
Can they take money from my check for a car i don't have?
If you owe money on a car loan or are a cosigner for a car loan, yes.
Can a loan company reposses my car they do not have the transfer of lien on?
If that loan company loaned you money and you used the car as collateral and failed to make payments on time, they can, and will repossess the car.
What happen if you can not pay your car loan?
When you don't make regular payments, your car will repossessed. Now if you had an upside down loan, you will still owe the lender.
Can you use a car loan as a down payment on a car?
ya of curse you can use the upside down car loan for buying a new car...
Can you transfer a car loan to your name if you put all the money down on it?
No. The easiest thing to do would be to buy the car from the existing owner and get a new loan. Find out what car dealers don't want you to know at www.dealertricks.com
How do you sell a upside down car?
If you mean you still owe money on the car you don't sell it unless you can take the money and pay off the loan. The bank really owns your car and the pink slip, so if you sell it without the loan getting paid you still owe the money to the bank.
What are your options when you have totaled an uninsured car that you still owe A LOT of money on and you need a car to get to work still?
Make another loan-quick before the wrecked car loan goes bad.
Can you get approved for a car loan with a credit score of 540?
Yes, there are many dealerships that will approve a car loan with that credit score. You will usually have to put a great deal of money down and accept a higher interest rate. Capital One tends to loan money to buyers with low credit.
How do you get out of a car loan?
You must know that it is legal obligation to pay off a car loan. To get out of a car loan, make regular payments. If doing so is becoming difficult for you, then you can sell your car and pay off your loan. Here, there would be problem if you have upside down loan. If your higher monthly payments are making things difficult for you, you can refinance your car.
How to refinance my car and lower the interest?
To refinance a car you will have to go to a bank and apply for a new loan or find a bank online with a lower interest rate. You will likely have to put money down to get the loan though.
