Posts

Showing posts from December, 2020

Car Loans With Bad Credit and No Down Payment - They Do Exist!

Image
 Finding funds to buy a car is almost as important a task as finding a mortgage to buy a home. This is the case even for those of us who are lucky enough to have a good credit rating, so for those with low credit scores and without a lump sum to use as a down payment, it is surely impossible. However, it is possible to get auto loans with bad credit and no money for a down payment. Bad credit car loans may seem silly to lenders, but it's also true that not all bad credit scores are the result of irresponsible money management. In many cases, it was out of their control, and the state of the economy led to reductions in income and even unemployment. However, when it comes to getting approved for auto loans despite poor credit, there are a few specifics that need to be considered. And, at the top of the list is the fact that looking for a financing agreement with the car dealer is not a good idea. Why the dealer is a bad choice It stands to reason that when someone knows that their