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It depends on where you go. If you go to a dealership you will need very good credit. On the other hand if you go to a fly by night used car lot, they will be More likely to work with you; however, they will charge twice the value of the car, and the interest will be very steep. That way if you do not pay off the loan, the have their money. Then They will reposes your car and sell it to someone else. So you need to be careful and make sure that wherever you get a car on a loan, make sure that you make all your payments on time.
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Can you get a loan from a bank with a responsible co signer?
Your abaility to obtain a loan from a bank is generally based on your credit score and what type of loan you would like to get. Generally, if you have a cosigner that has a good credit report you should be able to get a loan.
How would somebody get a loan?
After deciding what type of loan you want to get, shop around at various banks and credit unions while avoiding high-cost lenders. Once you find a place and have good enough credit, you can apply for a loan.
How can one get a auto loan refinance with a bad credit?
One can get an auto loan refinance with bad credit from several providers of this type of loan from such companies as, Road Loans, Get Me Car Finance and Midland Credit.
What type of professional should one speak to in order to compare loans if they have bad credit?
A mortgage or loan broker is the professional you need to speak to to seek out and compare loans for people with poor credit. A broker will have specialized information from loan providers to help search out suitable deals depending on your individual financial position.
Where can one obtain an equity source home loan?
Almost any bank will be able to help you with this type of loan. A second source to check would be your local credit union, and loan brokers would be another place to check.
What is a Bad Credit Mobile Home Loan?
Bad Credit Mobile Home Loan is a type of loan that is extended to people with low credit score. In addition, the loan itself is reviewed from time to time making sure the rate is appropriate for the borrower.
If you giving loan then what is the entry in your books?
Type your answer here... the entry would be DEBIT.....DEBTOR A\C and CREDIT CASH A\C
What type of loans provided by non banking institutions?
Any loan provided by a "non banking institution" would most likely be a personal loan. Any sort of mortgage, line of credit or other such loan would have to come from a "financial institution" of some sort whether that's a bank or credit union.
Where can one get a car loan without a credit check?
In the US, any business offering a car loan will do some type of credit check. Though there are lenders who specialize in lending to those with poor credit, they will still perform a credit check before issuing a loan.
I need a loan. Where can I get one with bad credit?
search the net would probably be the easiest way. google the type of loan you are looking for and end it with bad credit. i.e. auto loans for people with bad credit. however if you need money for an emergency. your best bet is probably to do a payday loan or a title loan. but title loans come with an extremely high interest rate.
Where can people with bad credit get cheap loans?
Loan options for people with bad credit are quite limited, and generally costly. The most costly places for a loan would be payday loan companies, so one will want to avoid those. You may be able to get a lower rate with a local bank on a secured loan, but any type of unsecured loan for someone with bad credit will have an extremely high interest rate.
What is the meaning of the term HELOC loan?
The term, HELOC loan, refers to a Home Equity Line Of Credit. This type of loan is when a homeowner uses their home as collateral for credit. The ending balance of a HELOC loan always must be paid back in full.
