Wednesday, May 26, 2010

Does any one know how to get a car with bad or no credit?

Me and my husband have just started a family and need a bigger vehicle. He has no credit and I have paid off two vehicles but have tons of medical bills on my credit. We have about 3000 and a trade in to put down. Does any one know of a place that helps finance to get a car with no credit? Please help. Ive tried a few that advertise it but they never seem legit. I know there has to be a way, there are alot of people swimming in debt with nice cars. Please help!!!



Does any one know how to get a car with bad or no credit?

FInd a private party selling is your best bet, as you don%26#039;t bring much to the table with 3000 and a trade in. In the situation you have described, we advertise at our lot, bad credit, no problem we can get you done! Problem is, with bad credit, you have to bring it to the table to get a car. We can overcome bad credit, but it takes cash often. Banks will require 25% or more down as they are taking a chance on you and past history shows them you are a high risk. When thy write a loan they will write it for 110 to 120% if the car sometimes, if you have good credit, if your credit is bad they will not do this. They have started to tighten their belt writing car loans in the last 2 years as threr have been way more repo%26#039;s recently.



Does any one know how to get a car with bad or no credit?

You have enough money to pay cash for a car. There are plenty of good cars out there for $3000.



Does any one know how to get a car with bad or no credit?

Post a flyer at some local churches or library. Someone there may be wanting to get rid of their minivan and take pitty on your situation and cut you a good deal. otherwise, you are not in a good position to get a new car with your financial status. Especially if you already have big medical debt. Not what you wanted to hear, but should fit well with your situation.



Does any one know how to get a car with bad or no credit?

Not sure where your from but there is a place in australia called motor finance wizard that i know give gauranteed finance as long as you buy a car from one of their car yards. I am not sure of their interest rates or anything though. The worst thing is with a bad, or no credit history you will get stung with high interest. Good luck

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