Road Loans

[drboxing]

Anyone know much about Road Loans? Went online and was approved but the interest rate is 18%. Would appreciate any info.

[Dustink]

Don't do it...

High rate's and a nightmare to deal with when something goes wrong.

[coreyb80]

Do you know this from personal experience or are you basing this on what everyone else says?

[Project17]

The one issue with Roadloans is getting dealers to use it. They charge dealers fees for using it, any where from a $500 to $5k depending upon the person.

They do have a lot of complaints just like many other subprime lenders but I do believe a good amount of those are from people who don't pay on time. My brother in law has a loan though them and has had zero issues.

More then likely a dealer will be able to do better then that offer any way.

[drboxing]

What are my options? Approved with Road Loans $29,000 at %17.10 int rate. But heard so many nightmare stories. Just finished 64 months of Chpt 13 BK

[Project17]

You could try a CU if you belong to one if not a dealer will be able to get you done. Check locally for a bigger dealer who deals with bad credit.

[Dustink]

If roadloans can approved you, somebody else can do better.

I hope you have a good down payment saved up and you are looking for a short term loan.