Lee7pcNOOb
New Member
So, im getting ready to try to buy a 7-8000 dollar car. Got about 3k, bad credit.
Where do i look for cars loans for bad credit that isnt like a scam or something?
Anyone else go through a problem like this?
We may earn a small commission from affiliate links and paid advertisements. Terms
Here's a crazy thought. Why not just buy a $3k car and not have a monthly payment? There are plenty that are in good mechanical and cosmetic shape in that price range.
This is great adice, not having a car payment is like the best. Unfortunetly for me i'm a car snob and like to have a nice car. Sorta like a lable whore.
But at the same time, you'll need to get your credit up and a car loan is a good way to do it.
yep, thats what i was going to say. just pay cash and put some money in the bank.Here's a crazy thought. Why not just buy a $3k car and not have a monthly payment? There are plenty that are in good mechanical and cosmetic shape in that price range.
well, if you're trying to build credit, you have to get credit. If you want to rebuild your credit take the loan and the 20% intrestrate that comes with it and pay. Keeping positive payment history will help you to rebuild your credit score. Also you could get the loan for 3K and turn around and pay it the same day. It will help your credit out some, but not as much as a positive payment history.
ive got bad credit and i got a car loan but then again im paying 20% interest which sucks. the bank im having the car financed thru (Chase) and ive had a loan thru them for 2 years now and ive never been late since ive gotten the car loan. im trying to get my credit back up.
Well yea i have a civic right now with a swap, but it cant pass inspection because of the TB, so im either going to sell that for like 3.5k and then try to finance another car that like about 7k. yea im trying to build my credit back up and alot of people say the best way to do it is through a car loan. plus with a price of 7000 financed for 2 years? how high can the payment possibly be not that bad. As far as my credit, i checked out all 3 of my reports and found an error so that getting taken care of but it takes 30 days to kick into effect. maybe that what brought my credit score down.