What are my options on getting a used car with bad credit?
I have a decent job of two years making about 350 a week so I a loan is absolutely a possibility. Im a 20 year old guy, with no co signers and bad credit due to stupid mistakes in my past. But I absolutely need a car. I can come up with about a grand, but I’m trying to see if anyone knows a way for me to get about $4000, without putting myself to work on some corner downtown. Any help would be greatly appreciated.
You won’t get financed through a traditional lender. You are just too much of a risk.
Best you can hope for is a buy here/pay here lot that takes your job as your credit or ability to pay, but, expect high interest rates and less than stellar cars to choose from.
If you went to a normal dealer, you would be required to get a cosigner.
No way will you get a loan, but some used car places will let you pay weekly. BUT you will pay a lot more in the long run that the car’s worth, but that’s the price you pay for bad credit. RI has J.B. Byrider, but every state usually has a place that does this.