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You Can Get an Auto Loan if You Have Bad Credit

By Genevieve Fortier
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I recently found out that my credit rating was much lower than I thought.  It has been a few years since I purchased my home and I have had the same vehicle for 5 years, so I haven’t checked my credit in quite some time.  Last night on the way home from work I got in an accident.  Luckily I was OK, but my car didn’t make it. 
First thing this morning I got on the phone to a few of the local dealerships to find out what I qualified for.  Within a few hours I found out none of them could help me because of my poor credit rating.  They weren’t set up with the sub-prime banks needed to finance someone like me.  I desperately started to search for sites with information about getting an auto loan when you have bad credit.  I found a site to apply for a bad credit auto loan.  The site promised to place me with a dealership in my area specialized in helping people with bad credit.  I received a call the next day from a dealership about 10 miles away.   As promised, they found a lender and a vehicle that worked for me.  What a relief! 
If you are in the same situation, don’t waste your time searching for a dealer.  Go online and find a secure reputable site to apply on.  It will save you time and help get you back on the road to repairing your credit!

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This entry was posted on Saturday, July 24th, 2010 at 9:15 am and is filed under Auto Loans, Car Dealers, Car Loans, Financing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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