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Bad credit auto loan?

Contributor

Bad credit auto loan?

We have crawled out of one hole to get a mortgage 4 years ago only to have my husband laid off 2 weeks after we moved in. we are once again trying to rebuild our credit.  The local banks will not loan us money based on our scores.  Is there a car loan company that will give us a loan and help us rebuild our credit that is trustworthy?

 

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Established Contributor

Re: Bad credit auto loan?

carmax probably, but you will get really ripped off with the interest rate. You will end up paying more in interest over the life of the loan than the actual car price.

 

 

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