Saturday, October 31, 2009

I need a new car i have a fixed income and bad credit?

i am in dire need of another car the one i own now is a 1995 and in need of a lot of repairs.



I need a new car i have a fixed income and bad credit?

You CAN get a decent car loan, even with bad credit. I%26#039;ve done it, but you%26#039;ll have to look around. That%26#039;s one of the BIG mistakes people make...just taking the first offer that%26#039;s given to them when they go to the dealer. Be smarter than that.



WARNING: DON%26#039;T GO TO BUY A CAR WITHOUT HAVING THE LOAN FIRST. The auto dealers will eat you alive and give you a crappy rate. Shop around with lenders who specialize in bad credit car loans. It%26#039;s a better option, you don%26#039;t have to take what they%26#039;re offering if you don%26#039;t want it, and it%26#039;s better than dealing with the car dealer%26#039;s people.



There are usually some nationally based car loan companies who specialize in bad credit car loans who advertise on the page linked below...



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



I need a new car i have a fixed income and bad credit?

If your income is enough to meet the lenders quidelines you will not have a problem getting a loan. If your income is to low? You will most likely need to find a co-signer.



I need a new car i have a fixed income and bad credit?

You DO NOT %26quot;need%26quot; a new car; you want one because you are tired of the hassle of repairing your old one. Here is a clue: Buy another cheap car for CASH. You would not have bad credit if you had not been using debt to catch all the %26quot;oh-sh**s%26quot; in your life up to this point. In most places in the US, you can get a decent used car for under $2k. Do NOT tell me I%26#039;m wrong on this; I am walking proof. I have paid under $2k for 7 of the 9 cars we have ever owned. We drive them for a couple of years, then toss them %26amp; get another. Now, I drive a 1993 Camry. If the repairs are under $1k, you should just do them %26amp; suck it up. If not, you should gather up $1500-$3000 in CASH %26amp; buy a car. Get a second job for a while or sell something else to help gather the money. If you do not break the cycle of borrowing, you will always be broke! Learn how to live debt-free; you will never regret it!



I need a new car i have a fixed income and bad credit?

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I need a new car i have a fixed income and bad credit?

Getting a car loan is usually not difficult even if you have bad credit but make sure you can handle the payments. It%26#039;s not a good thing when people with bad credit deteriorate their financial situation further by borrowing money that they can%26#039;t pay back.



I would definetly go for a cheap car - nothing fancy. Don%26#039;t get caught up in the hype once you get to the dealership. I would advise getting something that can be paid of in 3 - 5 years around $150 - $250 per month...n o more depending on your income. This way, if something happens, it%26#039;s not a lot of trouble to borrow an extra $200 or so from a family member to get you buy.



We don%26#039;t offer direct auto loans but have affiliates who do...

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