Car finance with bad credit?

If I wanted a car that was 26,000 and I put 5,000.00 down but my fico was in the 550s?? is this possible??

Car finance with bad credit?

Yes, it is possible. Lenders are loosening their belts and coming down to the level of the avergae guy that%26#039;s had a few mistakes. Remember, lenders still have to loan to make money, no matter WHAT your score may be.

You can usually find 3 or 4 good bad credit car loans lenders here:

http://www.axalda.info/bad-credit-car-lo...

Car finance with bad credit?

I would clean up your credit prior to purchasing a new car. Buy a used Honda for $5000.00 and enjoy no car payments.

Car finance with bad credit?

You can get a loan but you%26#039;ll be paying much higher interest rates than normal.

Start with cleaning up your credit score. Number one reason peoples credit scores go down is late payments. Pay everything on time. It%26#039;s going to take probably 12 months of on time payments before you start to see your score going up though.