What are you looking for? 

In Need of An Auto Loan

Author Message
micah9

Guest







0.10 Dollars($)

PostPosted: Mon Jan 22, 2007 10:03 am    Post subject: In Need of An Auto Loan

Hi,

I am in need of a vehicle. I submitted a on-line application and so far I have been denied by: Triad Financial
WFS
Capitol One Auto
Long Beach Acceptance Corp.
Nuvell Financial
Now I am terrified to go into a dealership. Can anyone suggest any other Lenders that deal with bankruptcy or bad credit?

Thanks

_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
 
image
Kalsey

Guest







0.10 Dollars($)

PostPosted: Mon Jan 22, 2007 1:45 pm    Post subject:

Quote:
Now I am terrified to go into a dealership. Can anyone suggest any other Lenders that deal with bankruptcy or bad credit?

There are many lenders who would be willing to give you loan but then the interest rates charged will be higher than normal. This is the negative effect of having a bankruptcy on your report or low scores. But you should continue the search, if some have denied it doesn't mean that it will be so for all others also.

Kalsey
 
image
T M Shuttleworth

Guest







0.10 Dollars($)

PostPosted: Mon Jan 22, 2007 2:58 pm    Post subject:

I too agree, bad credit is a problem but does not mean you can not get any loan. Rates are going to be more than normal but such loans are available, you need to spend some more time on your search.
 
image
Icon Mini Profile adonis
adonis


Joined: 22 Oct 2005



Posts: 1366
Location: ALASKA


124.88 Dollars($)

PostPosted: Tue Jan 23, 2007 3:37 am    Post subject:

Welcome Micah,

You can search for auto loan providers at autoloanlocator.com and theautofinder.com . There are plenty of lenders in the market. Just shop with some lenders and then choose the one based on monthly payments and rate.

_________________
Procrastination is the enemy of your financial sucess
 
image
denis

Guest







0.10 Dollars($)

PostPosted: Tue Jan 23, 2007 3:40 am    Post subject:

Don't go for a loan right now if you just got a discharge from bankruptcy. Wait for some time till you qualify for a low rate.
 
image
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
 
About Us  | Contact Us  | Our Blog  | Privacy Policy  | Testimonials  | Website Tools  | RSS Feeds  | Site Map 
We have chosen to apply the Creative Commons Attribution License to all works we publish.
This work is licensed under cc by 2.0