I Have Very Poor Credit But No Credit Card Debt. I Also Make 80k/year Now. How Can I Get A Decent Car Loan?

February 22, 2010

in Poor credit credit cards

I have very poor credit but no credit card debt. I also make 80k/year now. How can i get a decent car loan?

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{ 7 comments… read them below or add one }

jokerman February 22, 2010 at 7:38 pm

I’m a loan officer .. and just depending on what kind of bad credit you have you will probably have to get a high interest rate at first. try eloan or fireside, or balboa loan and thrift. but after a year of good payment history you can refinance for a lower rate with another company. you need to rebuild your credit and a auto loan would be the best bet.

mikeack4 February 22, 2010 at 7:39 pm

if you earn that kind of money /just pay buy cash and negotiate a discount

alissa_m February 22, 2010 at 8:08 pm

Hello Everybody,
Am Kelly Cole, am from USA recently when I was searching for a loan, to pay off my bills, Lisa Jose referred me to SUSFASA LOAN FIRM when I was offer a loan of $10.000 few days ago so when your profile deiced you to referred you direly to this God fearing man. You can reach him via E-mail; susfasaloanfirm@yahoo.com he name is Mr. Susfasa Lee tell him that Kelly Cole from USA referred you to him who his offer a loan few days ago.
THANKS AND STAY BLESS.

Kelly Cole February 22, 2010 at 8:15 pm

Check with a credit counselor on how to improve your score over the next 6 months. Then try to get a loan. Don’t go with a bad score you will spend thousands more for the same car. Be patient and pay things on time. Good Luck!

diakt27 February 22, 2010 at 8:57 pm

possess as much information as you could maybe is one of the options,however it is quite time consuming,here http://www.DebtFreetips.info/debt-free.htm is the resource i have ever had good experience.

SANDRA B February 22, 2010 at 9:53 pm

You need to build credit by getting a credit card and then use and pay for it responsibly to build credit.

Michael February 22, 2010 at 10:25 pm

Put some money in a credit union and apply for a loan from them

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