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How do you get a car loan if you have bad credit and do not have a co-signer?


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Wiki User
2015-07-15 19:23:12
2015-07-15 19:23:12

I would try going to a "buy here pay here" dealership. These are small lots and they work by you just making them payments usually every week or monthly. No bank to deal with. If u can't find one these places I suggest saving the money for a car. If u own your house, refinance, for lower payments to let u have more money to save or take a home equity loan out to buy a car.


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If you need a cosigner for the loan because of bad credit, it means you can't afford the car.

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not if you make your payments like you should a cosigner is only called upon if you default on your loan

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Yes of course you can get a car loan without cosigner if you have bad credit, you have to just find some websites who provide car loans without bad credit and no cosigner simple and fill out the small form there that's it they will contact you within 2 business days.

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The creditor will seek repayment of the car loan from the cosigner. As long as the cosigner pays, their credit will not be affected. However, if they are unable or unwilling to pay, the debt will be pursued like any other bad debt, and it will affect their credit rating.

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Some who has character My Friend it is very difficult to get car loan with no credit and no cosigner although you have to contact some good car lenders in your area they can guide you better.

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