Is it possible to get a car loan with a low credit score if your willing to pay high payments?
- Anonymous8 years agoFavorite Answer
There are plenty sub-prime lenders out there. You really need to know just how bad your credit really is. However, most of these lenders work only with dealers, not individuals.
Here are a few:
National Auto Finance (Nuvell)
For really bad credit try:
Consumer Portfolio Serv.
Credit Acceptance Corp.
You can always try a buy-here/pay-here dealer as well.Source(s): http://www.carloancalculator.me/
- LesusLv 78 years ago
It depends on how low the score is, and the car and the amount of the loan.
- Go with the flowLv 78 years ago
You may have to go to a buy here pay here kind of place and pay double what you would pay regularly for a car. And... you could also find yourself paying 29% interest.
Try to have at least 20% down.
And the poor... get poorer.