Bad Credit Car Loans : Do they exist? How important is your credit when buying a car?
November 22nd 2007 by Jason P in Former Car SalesmanBad credit car loans are a touchy subject. I learned this first hand because I recently needed a bad credit car loan. When I was younger I ruined my credit SEE POST . And in doing so I disqualified myself from being able to make many purchases that would be easy for others my age.
I had to file bankruptcy and it was recently discharged. The best part about that is, I could now buy a car! Or so I thought.
My wife and I went to many dealerships and could not secure financing for a vehicle for ourselves due to our bad credit history. I decided to turn my search to the web. And I came up short. A bad credit car loan didn’t seem possible.
But just as fate always seems to do…. I found a site that actually could help me. Yes this is real. I did secure financing with my VERY poor credit score and previous bankruptcy.
I just went to Auto Loan Locator.
My application was simple and brief. And although it took about a day for them to find a bank to take on my case I WAS APPROVED!
Granted, its not the best interest rate, but a bad credit car loan is a real thing. I was able to get a Toyota Camry for my family! (No I won’t divulge my interest rate)
If you messed your credit up, your life isn’t over, and you certainly can still buy a car, just don’t get discouraged. Try Auto Loan Locator and I’d be willing to bed you get approved for your bad credit car loan.
Love and Regards
Jason P
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