I'm trying to rebuild my credit after a discharged bankruptcy back in 2010. I'm looking to get a small auto loan ($10-$15K) to purchase a used vehicle. My score is very low (around 607). I have tried to get fiancing in the past through my bank JP Morgan and was denied. my desperation lead me to the RoadLoans website where I applied and was approved for around $20,000 for a purchase from a private seller, the only setback was the interest was $14.99%. I'm just wondering if a subprime lender is my only/best option with such a low score.
I bought a car a couple years ago with alower score (580-ish) through a dealer and it was financed through Wells Fargo Dealer Services at 10%. Have you tried looking at a dealer?
Have you tried a credit union? Since it's a private seller I think that rules out Well's Fargo Dealer Services.