Category archives for: Auto Loans Q&A’s

Financing a car?

Question by electric_moonshine: Financing a car? A “bad credit” dealership told me that if I have $ 2k as a downpayment, they’ll be able to work with me w/o having to have a cosigner. Is it possible to get the same deal at a “regular” dealership as well, so I don’t have to pay outrageous [...]

What is the difference between a regular loan and a “Daily Simple Interest Loan”? ?

Question by Needs The Answers! ): What is the difference between a regular loan and a “Daily Simple Interest Loan”? ? Is it that you pay more interest in the beginning of you loan? We financed our truck about 6 months ago at (an outrageous) 16% interest rate where the interest is accrued daily. Basically [...]

Someone asked me to cosign on an auto loan, but I have student loans and fair credit(620), will I get denied?

Question by Miss Atomic: Someone asked me to cosign on an auto loan, but I have student loans and fair credit(620), will I get denied? Several loans, deferred- unable to pay. Credit score is on the low end of Fair. No other credit history. Best answer: Answer by thingsrgettingbetter i don’t know about you getting [...]

Should I refinance my car?

Question by crazy: Should I refinance my car? My mom financed a car for me last year. She is the primary person on the account, and I was a co-signer, because I had just graduated from college and didn’t have a good job yet. Now I am finacially settled, have good credit, and have paid [...]

how hard is it to get approved for an auto loan with bad credit.?

Question by amy m: how hard is it to get approved for an auto loan with bad credit.? I am trying to get an auto loan but there are some negitives on my credit. I am trying to get them off. How hard is it to get a brand new car with bad credit? Best [...]

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