So, you’ve heard the hype about bad credit car loans? Well,
believe it or not, it is possible to get a car loan, even with bad credit, and
it’s also possible to get a car loan with fair and reasonable terms. The only
thing that will have some bearing on whether or not you are eligible for a loan
is your current income. You can easily use a bad credit car loan calculator or
do some simple math on your own to determine what types of loans and cars you
are eligible for.
One of the best resources for getting a bad credit car loan
is AutoFinanceOptions.com. This site can match just about anyone with a lender,
providing that person has enough money to repay the loan overtime. Generally,
most people will need to make at least $1200 a month to qualify for a car loan
through the site, but there are exceptions. Every lender uses its own bad
credit car loan calculator, so even if your income is slightly below this amount,
you may still qualify. The only way to find out for sure is to fill out an
application and get the process started.
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