Finance Advice

Tips On Getting A Car Loan With Bad Credit

Just because you have bad credit, it does not mean that you do not deserve certain joys in life, like purchasing a new car. You may have made mistakes in the past when it comes to credit, but you still deserve the chance to drive the car of your dreams. The problem many people have when they have bad credit is getting a loan for the vehicle. When you are considering buying a car with bad credit, it is important to be realistic about the car that you can afford. If you have a credit score of less than 620, you may be considered sub-prime. If this is the case, you will have a much higher interest rate. Knowing this, you should shop for a less expensive car since the payments will be much higher due to interest. The last thing that you want to do is buy a car…