Bad Credit Auto Loans: How to Get a Car When You Have Bad Credit

Have bad credit, but need a new car? The good news is it's possible. Bad credit auto loans will cost more in the end, but for some, it's the only option.

Wondering how to get a car loan with bad credit? Here are some tips to help out.

Tip 1: Credit Status

This seems obvious, but the first thing to do is checking credit scores. Many times a person's credit is not as bad as they imagine. Use credit score information as a guide on what kind of dealership to start shopping at.

Credit scores are what determine the interest rates on car loans. They also set the size of car loan a buyer can get. Knowing the score gives potential buyers a general idea of what to expect for an interest rate and loan limit.

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