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Car loan with bad credit?

Discussion in 'BBS Hangout' started by Starvela, Jun 11, 2007.

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  1. Starvela

    Starvela Contributing Member

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    Just wanting some recommendations on where to get a car loan with bad credit.
     
  2. ima_drummer2k

    ima_drummer2k Contributing Member

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    Anywhere but the dealership....

    Go to Lendingtree.com and pick whoever gives you the lowest interest rate.
     
  3. Mr. Clutch

    Mr. Clutch Contributing Member

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    If you have bad credit...don't get a car.
     
  4. underoverup

    underoverup Member

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    Why? :confused:
     
  5. Mr. Clutch

    Mr. Clutch Contributing Member

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    Not a good idea to add more debt when your credit sucks. Better pay off the other debts first.
     
  6. Lil Pun

    Lil Pun Contributing Member

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    RoadLoans.com


    Never used them but a friend of mine with horrible credit used them and got approved. The interest rate was horrible though but if you have bad credit the problem is you will probably get a bad interest rate wherever you go.
     
  7. pirc1

    pirc1 Contributing Member

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    Unless you have resolved your old debts but still has bad credit rating.
     
  8. Starvela

    Starvela Contributing Member

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    Lil Pun, can you find out what his score was when he got approved for a loan from Roadloans.com...

    Thanks
     
  9. Lil Pun

    Lil Pun Contributing Member

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    He said his credit rating was around 500. I figured it would be worse than that. He said he had student loans, a loan from Gateway for a computer, medical bills, and a few credit cards that are all charged-off of defaulted. He said he was in the process of paying them off though, one at a time.
     
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