car credit options

That being said, there is another option and it happens to be one of the easier ways to find a dealer or lender to get the bad credit car loan you need: quality online sources like Federal Auto Loan. In addition to offering a bad credit auto loan application, many of these sites also feature a resource section that includes informative videos and content, as well as a number of auto loan calculators that will walk you through the auto finance and application process.

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.