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subject: Bad credit car loans? [print this page]

Can You Buy A Vehicle With Bad Credit?
Can You Buy A Vehicle With Bad Credit?

I am actually a website designer and not a credit expert, however the bulk of my money comes from one

single website (www.LifeLineLoanCenter.com) in which bad credit customers can work from home to get a new vehicle.

I work intimately with the credit department to run this website for them. I have seen credit scores in the

low 400's get approved for vehicles. There is a lot more that goes into it. The biggest problem i have seen

comes from being "upside down" on a loan. This means that you owe more on the vehicle than it is worth

(Ex: you owe $5,000 on a car that is only worth about $1,000). This is the only real "kiss of death" that i

have seen. In this circumstance you have no choice but to pay off the amount you owe...I'm sorry but its the

only way! Even bankruptcy cannot stop a finance manager who has a good rapport with sub-prime banks. You can

still get a vehicle with bad credit!.... Trust me, i literally see it everyday!

So Why Have I Failed To Get Approved In The Past?

Most salesmen and some dealerships in general try to build "rapport" with customers only, when it is the banks

who are the ones controlling the actual success or failure of the sale. This means that if you have bad credit,

you will probably spend a few hours in the dealership while a "finance manager" shops your credit report around

to various banks in the hopes that one will finance your vehicle. Our credit experts believe that rapport should

be built between the seller (us) and the banks. This way when we submit credit applications to them, they know

us by name and trust our opinion and recommendation to approve your loan! This gives us a much better success

rate for bad credit car loans. I also believe that it is important to work with a company that specifically deals

with sub-prime customers and sub-prime banks. This will also give you a better chance... choose companies that are

experienced and good at your particular circumstance.

Bad credit car loans?

By: adam hartwick

welcome to loan (http://www.yloan.com/)