What is with these companies that are willing to finance cars to people with BAD credit? related questions

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What is with these companies that are willing to finance cars to people with BAD credit?1rajdeep2012-11-05 16:12:02
What do they gain from this? I can not help thinking that prey on people who really can not pay the loan . MedlinePlus MedlinePlus I 'd like to hear other opinions on this, as it seems a bit odd to give money to people who do not have a great track record .
Why do people finance overpriced cars and make dealers rich?1Dayviana2012-10-20 09:20:03
I never understood it , I'm not perfect and sure I am tempted to take a loan every time I see a sexy Mercedes happen to me in my old Toyota , but after thinking I would be a fool to make $ 250 + per month payments when I could handle my 1998 Toyota I have is free from MedlinePlus MedlinePlus I had to ask because I was watching an episode of Judge Judy and the case involved tax money and financing a car . Do not see the whole thing but seen enough to know that the couple had $ 6k and still decided to fund a monte carlo . That's like the dumbest thing I've heard, my Toyota corolla cost me $ 1200 and I was 10 years old , with no probs. Who the hell would pay $ 6k down on a post and then still have monthly payments ? ? ? ? ? ? I could buy three strong Toyotas or Hondas used with $ 6k ... MedlinePlus smh MedlinePlus Can someone explain this to me ? I could understand financing a car like a BMW 745 as most people can not buy it outright , but surely someone can buy a car like mine or a Monte Carlo for much less than $ 6k . Why even finance a car so when everyone knows that has no value and is not even considered luxury . It's like me finance a Toyota Tercel and making a rich merchant when simply could get one for $ 1,000 in cash to a person seller ! MedlinePlus MedlinePlus If the person is low on cash and has to go to a buy here pay here for transportation to and from work , then fine . I can not judge them because they are low on cash and likely $ 500 to his name , but still $ 6k and financing a car is totally beyond me !
, does any body know a place that does car loans for older cars for people with bad credit?1Cherbrena2012-10-22 22:46:53
, Does any body know a place that makes car loans for older cars to people with bad credit ?
Dose anyone else agree that the reason people aren't buying cars, etc is because most of them have bad credit?5Jorge2012-11-04 21:39:02
I know a lot of people who have had their homes foreclosed on, and now have bad credit . They probably will not be able to get a loan never to buy anything . Do not you think that people who have bad credit , should be given a new start ? They can pay their bills , just got in way over their heads . Maybe that would help our economy stronger .
In this "credit crisis" how hard is it for young people to find financing for used cars?0Bluebird2012-10-07 04:04:18
I have 19 years and I'm in need of transportation , cars are definitely one of my hobbies , so I do not want to just " settle " for anything with four wheels and a seat . I have a specific list of the cars that interest me , after checking car dealer , the price range for most cars is between $ 8,000 - $ 16,000. My question is , in today's economy how difficult ( or easy ) is to secure financing for a car ? I've been in my job for a year and a month , and I've had my credit card for a year I paid in full each month, from day one , obviously , to help build credit . I'd rather get a loan without collateral because I really do not I have one , my parents got into some credit problems a few years ago and I'm trying to do this by myself, without the intervention of anyone elses name or credit. I have money to put down , about $ 2,000 . I am also a member of the credit union at work. Also, what should I do first? - Internet finance , bank , dealer , financing or credit union ? And companies are paying ? MedlinePlus MedlinePlus thank you
Does anyone know of any REAL loan companies that help me finance a car with my extremely bad credit?1Maryann2012-10-05 16:26:02
I went to a few websites and dealers in my area ( Houston, TX ) , but I 'm getting the run with all companies ask.
Does cars bought from dealers or companies can have lien problems?0margie2012-10-13 22:54:53
I paid a deposit on a car I bought, but I had forgotten to check for liens against him? Do I have to worry about it , the dealer was very forthcoming when asked about his story and gave me the full version of CarFax report for it. I'm confused because the report shows the last owner bought the car with a loan , ie " loan or lien reported " . What should I do about it ?
Companies that give auto loans to people with bad/no credit?0Ruthie2012-10-15 14:45:08
I'm looking to buy a motorcycle , but the problem is I'm nineteen years old and have no credit . So I'm looking for a company that provides loans to people with bad credit no, but most online ads seem scams. any suggestions ?
Does anyone know of any companies who give signature loans to people with bad credit?1Traci2012-08-30 20:27:02
Does anyone know of any companies that make loans to firms for people with bad credit?
Are there any online companies that will work with people who have a bad credit but would like a loan?0eek2012-09-28 00:48:03
Are there online companies working with people who have a bad credit , but would like a loan ?
What companies will approve auto loans for people with really bad credit?1Addy2012-11-04 01:24:02
What companies will approve auto loans for people with really bad credit ?
School loans: Know of any companies that give to people with bad credit??3Xichenio2012-10-06 22:12:02
I'm in school full time and like most people , I made the mistake of having credit cards when I turned 18, but I'm trying with all my might to get my credit back up , but I need some money to pay a few things first .

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