The top web sites in the industry specialize in connecting customers who have bad credit with lenders and/or dealers that can truly help them. These dealers are not only knowledgeable in the area of bad credit auto financing, they also work with a wide variety of poor credit lenders that can offer you the very best chances of getting approved for a bad credit auto loan.
A personal loan allows you to borrow a one-off lump sum and make regular set payments to pay it back. You can typically spread your repayments over between one to seven years. The longer the term, the smaller the size of the regular repayments you make. With a personal loan you typically can't redraw the funds you've repaid (even if have repaid more than the minimum required) and unlike a line of credit or credit card you can't use the credit for other purchases.