Bad Credit No Credit Bankruptcy Auto Loans

  1. Latest Auto Loan Articles
  2. Bad Credit No Credit Bankruptcy Auto Loans
Bad Credit No Credit BankruptcyToday's topic we are going to take a different approach to things, and we will discuss three major problems that people have when dealing with financing for automobiles. People tend to have a lot of frustration when it comes to car buying and a lot of it will stem from people looking for bad credit no credit bankruptcy auto loans and that can mean any combination or any single one of those problems. Regardless they are all problems that while very possibly may not even be your fault or caused by things out of your control they are there and will not be able to help you out with getting a car loan.

There are solutions to these problems though and they will not be something that makes you faint like outrageous interest rates or anything like that. They are basic solutions that most people just overlook, and best of all they work great. Thousands of people in situations just like yours are getting financed, so why not be one of them?

Auto Financing with Bankruptcy Problems

Let us start with probably the most difficult of the three and that will be dealing with a bankruptcy. Now if you are still currently going through a bankruptcy then there is not much help that can be done. You will have to continue throughout the process and then when it is done see what options you will have available to you.

If you are post bankruptcy on the other hand though then it is a much easier situation to deal with. You will be able to get bankruptcy auto loans as long as it is in the past tense and here is a video that will help explain that:


Bad Credit and No Credit Car Buying

You may not think it, but actually bad credit and no credit situations will be the better scenario at least when it applies to the special car financing world. Basically there are two main ways that you can get financed. They both can work in either situation, but one will work best for one and the other will do better with the other.

If you want to get financed with bad credit then you will want to apply for financing online. Applying for an auto loan online will guarantee that you get the absolute best deal in the area regardless of what type of credit situation that you have backing you up at dealers near you. When you apply with no credit though your chances of getting approved go down, but it is still very possible. We will also be able to help you apply right here for that it costs nothing so what have you got to lose? If you have no credit you may want to consider buy here pay here financing. This will make sure that you get a loan, but will not help you build a credit score. So while it guarantees you a vehicle it will not help you for later. So applying online is probably the best for any of these situations, but it is up to you.

Car Loan Auto Financing Online

Do you meet the basic qualifications?

  • At least 1 year with current employer
  • A minimum income of $1,500 per month
  • No repossesions within the last year
  • Any bankruptcies must be discharged
  • Money down may be required, but not in all cases
  • Must be a current resident of the U.S. or Canada