Finding an Auto Loan with Bad Credit

Finding an auto loan online is easy regardless of you credit score. By simply completing a simple one page application hundreds of online lenders who will compete for your loan business. There are certain guidelines you should follow which could help you save money on a car loan even with poor credit. Careful planning, comparison shopping and persistence are necessary to find the best deals.

Firstly you need know how much you can afford to spend on monthly car payments. Use one of the many online loan calculators to help you with this. Then it's just a matter of shopping around to get the best interest rate. The internet has made it easy to shop around and compare rates because you can compare rates with hundreds of lenders from one site. You can compare traditional lender such as banks, credit unions, etc. The lower the interest rate the more you will have available to spend on your car. You will also have to decide the term of the loan.

If you have fair to good credit you should have no problem getting approved. If you have bad credit you can find lender who will work with people with poor credit. The downside is the loan will cost you more as poor credit means greater risk for the lender and therefore a higher interest rate to you.

Most car dealerships are also happy to arrange finance for you. First, you choose the vehicle you want, test drive it and make the decision to buy it. The majority of car dealerships are honest and will gladly help you find the best rate of interest and save money on a car loan. However be sure to check out the online lenders first the be sure you are getting the best deal from your auto dealer.

Car Loan Finder

(c) Noel Hynes, 2005. Reprint rights granted to copy and publish this article so long as the article and by-line are reprinted intact.

---

Business Loans: If You Know How To Make Good Use Of Money And Expertise

Are their rewards of being your own boss? Yes, in... Read More

Secured Loans House the Most Positivistic Consequences of Loan Borrowing

One of the most enduring myths of loan industry is... Read More

Loans For Unemployed - Employing Home For A Solution To Unemployment

If the statistics for the quarter ended April 2005 are... Read More

Why Payday Loans Should Be Avoided

If you are considering getting a payday loan for the... Read More

Understanding Personal Loans, Cash Advances and Payday Loans

Have you ever been short on cash? Has an unforeseen... Read More

A Guide to Bad Credit Finance Options

Have you been trying to find out what bad credit... Read More

Filling Out The Loan Application

1. Property information. The application begins with a section on... Read More

Secured Loans vs. Unsecured Loans ? Choosing Between the Two Diverse Ends

Often in our search for finance options, we are led... Read More

Is a Microloan Right for You?

If you've been tossing around an idea for a small... Read More

Get a Low Rate on a Secured Online Loan

Secured loans have become very popular over recent years, with... Read More

Bad Credit Personal Loan - A Pay Day Loan May Be Your Best Option, No Credit Check

If you have bad credit, have an emergency and need... Read More

Be Careful With Loans For Bad Credit

If you're saddled with debt or find yourself in an... Read More

What are Personal Loans?

As the term implies, Personal loans are simply loans for... Read More

How To Save Money On Car Loans

Have you noticed that everyone seems to have a newer... Read More

What is a Home Loan?

A Home loan is the generic term for a loan.... Read More

How To Apply For a Business Loan

Worried about how to apply for a business loan? Although... Read More

Benefits of an Unsecured Loan

Listed below are some of the benefits of an unsecured... Read More

Long Term Unsecured Loan?

In order to understand qualifications for loan approval, let's examine... Read More

A Guide to Finding an Adverse Credit Homeowner Loan

If you're searching for an adverse credit homeowner loan, you... Read More

A General Discussion about Unsecured Personal Loans in the UK Financial Market

Personal loans are offered by lenders such as banks and... Read More

All About Bad Credit Secured Loans

Bad credit secured loans are a relatively recent addition to... Read More

Shopping for Loans Online

When looking for loans online, you might find yourself wondering... Read More

Guide to Personal Secured Loans

Here is a useful guide to personal secured loans. A... Read More

A $500 Payday Loan Can Help In an Emergency

A $500 payday loan can be a real life saver... Read More

A Payday Loan Or Cash Advance Can Be A Life Saver

A payday loan or cash advance can be a life... Read More

Refinance Car Loans - Refinancing Your Car Loan Online is Convenient

Refinancing your car loan online is now more convenient. Your... Read More

No Credit Car Loans - Even With No Credit History, You Can Still Get Approved

Even it you have no credit history, you can still... Read More

How to Spot and Avoid Predatory Lending

Predatory lenders promise loans that are "too good to be... Read More

Finding the Best Secured Loan for Your Money

If you're looking for a secured loan, there are several... Read More

Bank Auto Loans ? Best Loans for Stretch Commuters?

People have to work to survive. The desire to maintain... Read More

A Guide to Finding Inexpensive Direct Loans

For those individuals who are looking for fast and inexpensive... Read More

A Borrowers Guide to Bad Credit Loans UK

If you find yourself in a situation where you need... Read More

Federal Debt Consolidation Loans For Students

For American students, the U.S. Government came up with a... Read More