i dont hаνе grеаt credit аnd аm looking fοr thіѕ type οf loan… whеrе dο i look?
Tags: auto, consolidation, could, Credit, Debt, Loan, place, there
Debt Counseling and Consolidating Debts Unsecured, Credit Card, Secured
i dont hаνе grеаt credit аnd аm looking fοr thіѕ type οf loan… whеrе dο i look?
Tags: auto, consolidation, could, Credit, Debt, Loan, place, there
Bad idea. You credit card interest rate just might be cheaper than such a loan.
Why not work on paying on the credit card debt instead of shifting your debt around. Make a strict budget. Elminate all the extras — cell phone, eating out, new clothes, etc. Put every penny you can squeeze out of that budget on the highest interest rate credit card, while making minimum payment on the rest. When the highest rate card is paid off, move to the next till they are all paid.
It will take 2 or 3 years but you won’t have a way upside down car loan and your credit cards all ran back up.
There are many auto loan options available today. Today, stiff competition among auto loan financing companiesfinance option. You can apply for online car loans on the Internet, or get it from your car dealer.
This will depend on the amount that a dealer can get financed in relation to what the vehicle is worth. It’s called loan to value.
If you can find a dealer that can get a large enough advance on the vehicle you are buying, then the credit card accounts can be include and a check cut back to credit card companies.
I have done this several times.
Your best option to get a low rate is go to a credit union. they are like banks but are non profit. so their rates will be lower and more likely to accept lower credit scores. you can get your auto loan their and also get a loan to consolidate your credit cards. the interest on the consolidation loan will be higher than your auto loan because you will not have collateral. but all in all this will save you the most money.
yes, you can but the car has to be worth what you are going to borrow against it. . . . . . . you can do it at the car dealership, and you would have to do it with a new car, but remember you must plan on driving that car tell it is completely paid for, if you tried to trade it in after a couple years you would owe way more than its worth. . . . that is called being upside down. . . . . . and if you cant pay for the car and it gets reposed, they auction it off and make you pay the difference owed