auto loan rates

October 21, 2010

What is the best site to get a bad credit auto loan?

crysta asked:


My credit rating sure is about 500, right now. Though I am usually very responsible with money, I was sick and unable to work for 3 years. I missed several payments and developed bad credit. Things have changed, and I am completely healed/not sick anymore.
I found a car that I like, which inexpensive so that I can pay it off asap. It also has low mileage. I see many websites online offering auto loans, but have no idea if they are legitimate. I guess they might have similar thoughts about me because of my credit history. lol! Where is the best place to go for a low credit loan? Thank you!

Charlie

July 27, 2010

Should I pay down my principal balance on my auto loan with my credit card?

K.C. asked:


I have an auto loan at 16% (I know a little high but when I got it my credit wasn’t as good as it is now) and I have a credit card that has an intro balance transfer rate (which includes just them writing a check to someone) for 6 months and after that ana interest rate of 12% which is still lower than my car rate — I don’t have enough available credit on the card to pay it off but was going to pay about $2000 in a principal payment I still owe in the high $13K on my auto loan…..Ieaving about $11K on my auto loan….I pay my credit card bill on time and pay between $300-$500 a month on the card so I pay well over the min payment amount….Is this a good idea — I’m just trying to get my principal down cause it’s not going down by much with the interest rate being 16% —- also a refi is not an option as I owe more than the car is worth
Thank You I will not use my credit card to do this — I’ll just try and make more the the monthly payment to my card
To my car, lol

Joanne

April 4, 2010

How can you tell how much of an auto loan you’ll be approved for?

singinjeannie asked:


I want to go shopping for a car but wonder how much of a car I can actually be approved for? Is there a way to tell without actually applying? I don’t want to apply ahead of time because every time you touch your credit information it makes a ding and the CC companies are looking for any reason at all to raise rates right now.
What’s with all these loan people – lol. Give me a break. Joe’s Loans. Sure, sure. I’ll apply for a loan through you. was born yesterday. Here’s my social security number and birth day. Geeze – look for some advice and the scam artists come out of the wood-work.

Frances

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