7 Comments

1. Kenny J says:
   March 14, 2010 at 2:13 pm

   credit union has a better rate.
2. peter pan romania says:
   March 14, 2010 at 3:06 pm

   try creditunion im from texas but i was in the same spot like you few years ago,they approved me
3. alfredb1979 says:
   March 14, 2010 at 3:34 pm

   Evidently, your debt score isn’t all to the story.

   You lack income or have too much debt for what income you have.

   Try cheaper cars.
4. N says:
   March 14, 2010 at 3:42 pm

   A local bank or credit union is more likely to lend TO you based in your car rather than where you buy.

   Bigger lenders have been burnt by people buying pieces of crap from friends who are dealers . then splitting the loan proceeds and letting them repo the car and lose thousands. Franchise dealers are much less likely to do that.

   The “bigger” the independant dealer, the more likely they will have their own financing sources. Just use the other rates against them. They dont know they wont finance you with them so you should be able to negiotiate a similar rate.

   You can join my credit union for $20, they have 3.99% loans with no such requirements and you would likely qualify with a 754 if your debt to income is good.

   Penfed. I have CDs and a credit card with them, I paid $20 to join.

   Cant leave a link. they suspended me for it in the past. Idiots.
5. Vanessa says:
   March 14, 2010 at 4:25 pm

   In the process to acquire a car, it is taken for granted that you have gotten requirements. There is a need for cash which would be needed to buy the car. On the other hand, if you do not have the ready cash, then you must have access to a loan facility. Okay, to get auto loans today, what would you be required to do? Having a good credit is the first factor. This is one thing can that can be very helpful despite the kind of loan you are interested in.

   http://www.worldbestloans.com/autoloans.htm

   Banks and other financial institutions feel a lot better doing business with people with a good credit score. Having a steady source of income or proof of employment is a major requirement for applying for auto loans. Without a proof of employment or a good source of income, a lender would not be confident to grant you a loan as they can not ascertain your ability to repay.
6. Greg says:
   March 14, 2010 at 4:50 pm

   Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool – carinsurance.yoll.net
7. Frank says:
   March 14, 2010 at 5:39 pm

   hi
   if you are looking for an auto loan this is good site i used to get auto loan today
   —————–
   fastautolending.com
   —————–
   good luck……………..