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You can apply for a bad credit auto loan at a dealership with a special finance department or a reputable on-line lender. Be prepared to pay a higher interest rate due to your bad credit. But pay on time and use your bad credit auto loan as a means to start rebuilding your credit.
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∙ 13y ago
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If I have an auto loan can I get a second auto loan for another car?
Depends on your credit history That would be up to the lender.
Where can I get an auto loan if I have bad credit?
It is hard to dfind a decent auto loan when you have poor credit. I would suggest visiting Drive Time if you have one local too you.
Is it possibleto get an auto loan with a 547 credit score?
It is unlikely that a bank would give a person a loan who has a credit score of 547. A good credit score for a loan would be between 700-800.
Does an auto loan rewrite hurt your credit?
I think yes....the auto loan rewrite can hurt your credit
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.
Can the primany buyer of an auto loan refinance the auto loan in the cosigner's name only?
No. The cosigner would have to apply for a loan in their name using their credit, income data.
What are the fees you have to pay when buying a car from a dealership?
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How much would a auto loan be with a credit score of 658?
it will be $1 please
Why would a bank give an auto loan without requiring a lien?
This would not be considered an auto loan by the lender. This would be considered a 'signature' loan. If you have good enough credit and a good relationship with your bank, they will loan you money without collateral.
When cosigning for someone does the bank notify you on the borrowers credit affairs?
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Do you need a co-signer to get a auto loan?
That would depend on your age and credit rating and the rules of the loan company.
Are there penalties for prepaying a bad credit auto loan?
There are no penalties for prepaying a bad credit auto loan. It is beneficial to pay off the loan sooner or on time.
