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Getting Better Looks with Cosmetic Surgery Loans
Looking good makes one feel good and confident. Many times the birth defects, stressful life and aging leave their marks on our bodies, which require correction. Many people feel that a little aesthetic improvement in their face and body will help...
Home Loans -- Federal Regulators Warn Lenders to Be More Careful
Federal banking regulators have recently expressed some concern over the housing market as home prices in the United States have risen to record levels. While homes are more unaffordable than ever for many people, the lending market remains strong,...
Loans Are Not Just For Christmas. Surviving The Holiday Debt Hangover.
Christmas is coming - A time for decorations, songs,
over-eating, gift giving, visiting the family, consumer spending
and the increasing of personal debts. Bah humbug.
While most people see Christmas as a joyful period there are
many who see...
No Credit Car Loans - Even With No Credit History, You Can Still Get Approved
Even it you have no credit history, you can still get approved for a car loan. With a car loan, you can purchase your vehicle and build your credit history. Online car loan lenders make shopping easy, and you can find low rates compared to...
Pay day loans - Short term help
Payday Loan "I just need enough cash to tide me over until payday." Sounds familiar to you? I'm betting it does. We constantly find ads to this effect on the radio, television, the Internet, and even in the mail. The type of loan being referred...
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Car Loans After Bankruptcy - 3 Tips On Financing Your Car With Bad Credit
If you have recently filed bankruptcy, you may wonder if its
possible to get auto financing again. There are more and more
loan companies all the time that have new programs to help
finance people with bad credit. An auto loan is easier to get
financing for than a personal loan or an unsecured loan because
the lender can use the car as collateral against the loan, in
case the borrower ever defaults or doesn't make the loan
payments.
Here are some tips to help you when getting financing to
purchase or refinance a vehicle after a recent bankruptcy.
1. Get Financed To Re-establish Your Credit - Getting a new car
loan can help you re-establish your credit when you make your
payments on time. Once you have made payments on time for about
6 months or longer, you should be able to refinance your car at
a much lower rate. As you make your payments on time, your
credit score will increase.
2. Buy The Lowest Priced Car You Can - When financing a car
after a recent bankruptcy, you can expect to see
interest rates
as high as 14-19% or more. It is not wise to buy a car that is
more expensive than you need because, initially, you will be
paying such a high interest rate on the amount you are borrowing
on. If you do want a more expensive car, wait until you have
made payments on time for a year or two, after your credit
rating has increased. Then, you should be able to get an
interest rate of around 9-10% or less.
3. Get Multiple Offers - There are many lenders online that will
offer you up to 4 offers from one application. Most of these
loan companies will not even pull your credit with the initial
application, they will just ask you to describe your credit.
This way, your credit score will not drop from being pulled too
often.
About the author:
See my recommended After
Bankruptcy Auto Lenders online. Carrie Reeder is the owner
of ABC Loan Guide, which offers help with after bankruptcy car
loans.
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