Bad Credit Consolidation Loan

Archive for the ‘Buying Selling’ Category

Kelandranessifa asked:


I’m a 23 year old recent college grad. I just recieved my driver’s license and would like to finally get a new or used car (I’ve been relying on public transportation to get me around). The only problem is, I have very bad credit and make only $700/month with no savings left over each month.

I really need a car by the end of this year. When I get to the point when I can get a car, how much should I have saved up (the average) to get my first car? Given my poor credit and low income, how can I afford/pay for the car (payment plans, financing, leasing, no credit check auto loans etc.)? What other paperwork, tips, tricks, buying info, etc. should I know?

I really appreciate your help! I know nothing about the process and requirements for buying my first car.

bad credit car loan

prairiewind58 asked:


I bought a 2004 Blazer with bad credit, so I have high interest. It’s a six year loan with five to go. I have made payments on time. I’ve been accepted to grad school and want to get a cheaper car (my son is selling me his 00 Honda for $1500 below blue book price). The value of the Blazer is less than the loan. How do I finagle this so I can end up with an affordable car during grad school?

bad credit car loan

T. Mama asked:


I am wanting to get a car loan in my name only (my husband has bad credit, I have good credit), but the title to the car will be in his name. Will this be a problem?

bad credit car loan

AnnabellActress asked:


I am a single female (25), and live on my own. I currently drive a ‘98 chevy cavalier, and still have a $800 payoff amount. My record is clean, and I was recently quoted a lower insurance amount (not like that will make a difference). Here is the deal. I just recently got a promotion at work which will require me to travel much more. I need a new car (or at least no older than 2 years old). I have horrible credit (which I know makes me a high risk). I GET ALL OF THAT. But, I know that people still manage to work this kind of thing out. Does anyone have any suggestions as to how I can get a loan for around $10k or so, and what I should do with my current car that I still have to pay off? I would appreciate any help!

Note: I do know my FICA score (which I don’t want to share), and have researched all of my credit information. Please be sensitive with your responses, I am not a naive, braindead sorority girl. I know what I am asking, and realize it is a difficult situation. So, please only give me genuine, helpful information. Thanks!
P.S. I am looking to pay NO MORE than $200 a month for a car payment. So, whatever I get as a loan MUST cover the new registration, taxes, etc., plus must keep my payments at or below $200 a month.

Thanks for any advise!

bad credit car loan

Blueeyez asked:


My situation is that i own a car and still have to pay off my loan. I have two more years left to pay on it, until 2010. Just recently my engine went bad and it needs major repairs and I don’t have the money for it. The repairs cost more than what the car is worth so obviously its not worth the money to get it fixed. I want to finance into another vehicle but it would just cost more money to do that. What would be the best thing to do at this point? Is there any way I can get a loan somewhere with not so great credit, or would it just be worth fixing the car and just paying the rest of the loan off?

bad credit car loan