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Bad credit usually takes time to recover, sometimes 12 months or more to see any changes. If the credit was bad and you got approved for a loan, it will depend on 2 things. 1 how old is the car and what is the km. the newer the car usually means longer term. 2. The lender may only want to do a loan on a short term. Usually the smaller amount of loan means shorter pay back, and higher interest. Due to risk factors, and not enough incentive for the lenders to loan out 5000 unless the pay back is good enough. For more information you can visit http://www.autocreditfinancial.ca

2009-12-31 17:34:21
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