Bad Credit Consolidation Loan

Archive for the ‘Buying Selling’ Category

Jessica asked:


I turned 18 at the end of July have no way to transport myself to and from a job. I live in a city with little public transportation and am miles away from the interstate or local shopping. I am trying to acquire a car so I can get a job. Do I have to show proof of income to get a loan? I also have no credit, I once heard that is better sometimes to have no credit than to have had bad or not so good credit. Please tell me some insight on this. Thanks.

bad credit car loan

James B asked:


I am filing for bankkruptcy. Should I put my car (owe $30K on it) on the bankruptcy list or have it repossesed?
I got the car through GMAC loan. Does GMAC does the Repo or the dealer I bought it from?

bankruptcy

Eva L asked:


My friend just paid off all her credit cards(about $4200) she also saved up about $8000 for a down payment on a car she had her eye on for about 2years. Her credit score fell about 160-200points, she just finished paying $1900 on her last card, now wants to buy a $17,000 car with $8000 as a down payment, her mother is willing to co-sign but my friend is unsure if she’ll get the loan if she does the monthly payments would be out of her price range. Will she be able to get a loan how high can the interest on a car be?

bad credit car loan

bethany_whittington asked:


I had a pre approved car loan and it had a 30 day time limit on it. 2 weeks before it expired I went in to the preferred dealer the loan company gave me and I had to fill out this packet and give to the dealer. Anyways, I drove the car off the lot and have been driving it for 2 weeks thinking it was all good. Now I’m being told that I can’t get the loan because for 1 I didn’t turn in a phone bill (I have a pre paid phone, I don’t get one and the packet said in the borrower’s guidlines that a utility bill could be used instead) and 2 that my loan time has now been expired for 3 days and that they can’t help me. What should I do, I got a pre approved loan because I have bad credit, all the loan company told me was to find alternative financing or take the car back, so whats up? Can they do that to me? What are my options? I don’t think dealer will finance me because of my credit and I have no co-signer, should I try to go through another pre approved loan for the same car and get that worked out?

bad credit car loan

skiddly diddly asked:


I’m assuming a credit check will prevent me from borrowing the money, but since I already have a car loan in good standing, could I actually get a different vehicle? I want to trade an Avalanche for a Suburban a year or two older, with approximately the same value.

bad credit car loan

lily asked:


i’m interested in buying a car from a friend for 1700, would it be a bad idea to buy it with a credit card?

why or why not?

if it is, where else could i possibly get a loan for that amount?
will a bank do it?

bad credit car loan

Tanya asked:


I have a bank car loan through TD Banknorth and owe $3,000 on my car down from $10,000. I want to get a newer car and want to know if theywill give me another loan if I have bad credit now,but not through them. I’ve never missed a payment,nor have I ever been late. Thanks!

bad credit car loan

tOOSw33t4Words asked:


I have been saving up for a car and i will have 1000 dollars for it by the time i need the car but my credit sucks and i dont really have a cosigner…i was wondering if 1000 dollars is enough down payment on a used but GOOD car that cost around 5000 dollars with bad credit like mine….i dont want to go to the dealerships and get turned away because this is my only option. i cant buy from a private dealer because i dont have enough cash. what kind of loan can i get for a car if i put a down payment of 1000 dolllars even with bad credit?
also ive only been at my job for a month and im moving in a few months but i plan on getting transferred.

bad credit car loan

Phillyfan23 asked:


I have a need to get a car…a simple, cheap car that gets from A to B…my credit isn’t that great though…and there’s not much i can do to improve…i have a student loan current in good standing, and 2 or 3 collections that are all 4-6 years old. I see adds about ‘all approved’ all the time, and am aware that means high rates.

What can I do? Could I get approved normally with what i’ve mentioned above? Last check my scores were 600-640 depending on the bureau, but i think have gone up as i’ve deleted at least 2 negs from each one. I think I will pull my reports.

Please help, i’m looking for some scam-free advice…thanks!

bad credit car loan

Athenry asked:


I lost my job a year ago and can no longer afford my car payment. After talking to the bank, my options are either voluntary surrender, or a transfer of equity (if I can find someone who would qualify). So my question is, is there anyone who has done this? And how good does the person’s credit have to be? Also, I’m wondering if I stay on as a cosigner if someone with bad credit can be added? Any info would be great.

bad credit car loan