Do those Guaranteed Car Loan Places/Websites Really Work?
I know the interest rate would be high & even higher because of my really bad credit score (501) but I do have a co-signer with good credit(720+Area). I want to buy a used '04 Nissan Maxima for $6500 & I don't have any money for a down-payment. I found a really good job, working a 9-5 but I will also be on call & would have to be able to get there ASAP. The Boss requires me to have a car, & my cousin suggested one of those 100% Guaranteed loan things but I don't know much about them.
Reply:
well they can actually "gaurantee" approval it just has to be on thier terms. usually they will pick out a car for you, and you almost always have to have a down payment.
If you already have this job where you make good money and you can prvide proof of income I would try going through a normal place with your good cosigner, the car your looking at isnt to expensive so your payments wont be to high, and if you can prove a good income and have a good cos a finance institution might go for that.
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The first one? I'd be willing to pay up to 200 a month for that.
Second? around 200 also…
third? Nothing…why? I'm a bankruptcy counciler. I've seen too many people go through places like that and nothing ever happens for them. These are called debt doctors…and yeah, from what I've seen…it does nothing for you in the long run. It seems like a great idea…but it rarely works out.
Guaranteed car loan offers you guaranteed approval regardless of bad credit or no credit history. It is also an assured way of hassle free car financing and within no time you can get your car. Rapidcarloans.net offers student a guaranteed auto financing with cosigner and without cosigner.
Dear friend is wise to know that finding a legit lender is very defficult and even the bank this days do not give out loan to those with bad credit but manage to find this firm who borrowed me $35,000 after trying many lenders. I advice you contact them now via email and just be honest for they will grant you the loan amount you need. suzan