Category Archives: Car Loans
Can you get approved for bankruptcy car loans? The answer is “yes” in most cases if you follow certain steps. Car loans with bad credit are not always easy to find, but if you have declared bankruptcy recently then you may believe a car loan is not possible at all, but this is not usually true. Once your bankruptcy case is finished it is not possible
1. Financing Through a Dealership- Car loans for students offered through a car dealer will usually include higher interest rates, a significant dealer mark up, and other hidden factors and costs that make this move a big mistake.
2. Paying High Interest Rates- Even the best car loans with bad credit will be higher
Used car loan rates have hidden aspects, and there are some things that lenders will not always tell you about. There are advertisements all over the place from car dealers who are offering too good to be true interest rates on used car financing and credit loans, like zero percent for the first year or two, but most consumers will not qualify for this type of deal.