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Can I buy a car with bad credit?

Can I buy a car with bad credit?

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Answer #1

Yes. Pay with cash or finance with a co-signer. Call your credit union/bank for details.

Answer #2

it is not easy but can be done

Answer #3

Yes. You can get a co-signer, or a bad credit lender.

Answer #4

yes. there’s always craigslist.

Answer #5

You forgot to mention whether or not you are planning to buy a car by applying for a loan. If you are paying in cash then I do not think that you would encounter any problem despite having bad credit. However, if you are planning to apply for a bad credit car loan, the possibility of being able to buy one is there. Fortunately for you, there are companies which cater to people with very bad credit. Just look and ask around so you can select the lender which can offer you the best interest rate. However, since you are applying for a car loan with bad credit, you should understand the risk the lender is putting himself at and expect that you will really be charged with a higher interest rate. If you do not want to risk being rejected and lowering your credit score further, you can increase your chances of being approved by having a co-signer with a good credit history and score. To understand your situation more and why you are having a hard time applying for loans, you must definitely read

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