Bad Credit Auto Loans – Bad Credit Car Loans Blog

Helpful tips and information about bad credit auto loans, bad credit car loans, car loans after bankruptcy, and first time buyer car loans

Browsing Posts tagged special finance manager

Zero credit score auto loans are easier to get than one might imagine, with the help of special finance managers.

As far as I can see, the “Making Home Affordable Refinancing Program or HAMP, is intended to allow mortgage holders to refinance their mortgage by missing several payments or only paying a portion of the balance to bring the mortgage to a near default stage. Once these homeowners are in that magical near default stage, the lenders, by way of the Making Home Affordable Refinancing Program are highly encourage by Obama’s new policies to refinance at a much lower rate. The result is a very lower interest rate reward for the homeowner.

They know what they are doing and they have special programs for bad credit situations.

If you have a situation outside of the norm and you go to a regular car dealership for a loan then yes, it will be difficult. Most car dealerships have a finance manager that is only trained on how to finance good credit customers. It is usually more work to get a customer that has [...]

What can you do? Well first of all you need to have a plan. Figure out what it is that you need to accomplish, figure out how much you can put down and approximately what you can afford per month

High risk auto loans, sometimes called bad credit auto loans, special finance auto loans or credit reestablishment loans, are auto loans made to customers that have either no credit history, a FICO score below 650, or other blemishes on their credit report that would cause a conventional lender to turn them down. High risk auto [...]