I’m having a baby and want to buy or lease a safer car preferably with a good warranty like a Kia. The problem I’m having is that I have some charge offs from four years ago on my credit report from credit cards I couldn’t pay while in college. My score is pretty low in the low 600′s. However, I have always been on time with auto loan payments and currently have a car that is financed that I’ve been paying for the past four years. Will this benefit me to have a good auto loan payment history? I also have a good payment history for other cars I financed on my credit report. Should I attempt to get pre approved online before going to a dealer? If so does anyone know of a reputable site to use? Thanks!

I am looking into getting an auto loan. This is my first loan so I am new to everything. The credit union I am looking to borrower from, is asking 20% down payment. I have read some articles online but none have really answered my questions. For example, if the vehicle I want is $10,000, I will need to secure a 10k auto loan. So, 20% = $2000 for a down payment. If I do hand over $2000, does that mean I owe the bank $8000 plus interest since I asked for $10,000 and downed $2000, it will mean I already paid $2000 towards the initial $10,000 I was asking for, right?? Or do I owe the full $10,000 plus interest?? Sorry for the repetitive numbers, it may sound confusing.

Also how will it look on paper? Will my credit report show a loan for $10,000 or $8000??

i am appling to defer my student loan online and at the end of the form, it auto compute a date base on the answer i gave about when i became unemployed or begin working under less than 30 hours a week and some other questions. and it say “your deferment will being 04/20/2011″

so does that mean i don’t have to pay my student loans for now starting 04/20/2011?
but today is 05/11/2011…so i m a bit confused.

does the financial aid office check to see if the answers you give are honest? The last time i was employed was a long time ago and after i graduated i wasn’t able to find employment thats why i m trying to defer the student loans.

if i put the actual date when i became unemployed, they compute my deferment date to be 05/01/2010….which is weird because it is now 5/11/2011.

is it better to have the deferment date to begin on 04/20/2011? i have to lie about when i became unemployed to get this date…does it matter? is financial aid office going to check for honesty ?

thanks for the help.

I have bad credit (580-600). I would like to get a new car, however 2 years ago I faulted on a loan, and had my car repossessed. I see online there are plenty of companies offering “Bad Credit Auto Loans” how-ever I’m afraid these companies will openly share my information to other companies to help pay for their “risk” on the loan, or give me a super high interest rate. Should I even try with these companies? Or does anyone recommend a low credit score loan company that will allow a large percentage down payment loan. I’m planning on putting nearly 50% down, cash. Thank-you for any advice. Please no spam (like they’re going to listen)
Well I’m not worried about the interest rate. I understand I’ll be looking at +13% interest payment for a loan. How-ever I’m worried about getting denied by so many places that the pokes to my credit could keep me from getting a loan. I just see some places saying “1.8% interest on bad credit” loan….. Sound like a scam, are they really?

i went to a auto dealer when i seen a car advertised online for $8000. i checked out the car and agreed on a final price of $9000 after tax title and plates. they ran my credit report and copy of my drivers license. after that, i applied for a loan through them and got approved. when it was time to sign the contract i noticed that the selling price was $12000. long story short i walked out. but i dont feel comfortable with them having all of my personal info. can i get it back or can they legally keep it.

I need to get an emergency loan…fast!

My credit isn’t that bad (my credit score is 623), but I can’t get a personal loan from my bank. They said that they would only give me an auto loan, which I don’t need. I don’t want to get any more payday loans. I’m told that not in debt enough to declare bankruptcy, but I can’t get caught up on bills.

I’ve also been told that I should not get debt consolidation, as that might make your credit worse. If I could get just enough to get caught up on bills (utilities, medical) I should be alright–I only need about $2,000.

Is there some service on somewhere online that provides some kind of loan to suit my needs? Help…any (serious) advice would be very much appreciated!

I have a truck that I want to sale. I bought it brand new last fall and have a loan through Ally. My question is if I sell it how do I get the title from them if they want the money first? They are an online bank so no going to the bank to switch it over. Its not like the future owner will want to give me thousands of dollars and wait to switch it over.

So any allied auto people that have done this?
Thanks

approx 10K. My credit score is not high, I have old derogatory accounts but my recent credit is good and paid on time. I have A good job. What would be the best resource for me to approach to obtain an auto loan? Are there any good resources online such as ecarlenders.com?

they asked me questions after the application like

‘your credit history indicates you have a mortgage opened on or around august 2007, which bank is it with, what is your payment?’ i chose none of the above because that is false. i don’t have a mortgage loan. they also said it seems i have an auto loan opened in 2005. which i DON’T. so again i chose none of the above. i was approved for the card just fine but my credit history shouldn;t be showing those things. i never had a mortgage or a loan.
should i be concerned? like maybe they think i’m someone else? i typed in my info correctly.. but just, wtf? should i call them tomorrow?

I am interested in purchasing a 2009 Subaru Impreza WRX during the first week of June. Currently the finance incentives (low APR on their web-page) expires on June 1st. In order to accurately plan, I was wondering if it is safe to assume it will be the same for the month of June. If not, does anyone know the best place online to search for the best current APR being offered for auto loans? Thanks!