Bad Car Credit History Loans

Getting a car loan with a history of bad credit is more common than you may think. The type of car loan you end up with, however, depends on the items listed in your bad credit history.

For example, if a majority of your bad credit history is from non-applied for credit items, the car loan you receive will most likely be at better interest rates and terms than people with a bad credit history from applied for credit items.

Non Applied For Credit History

Sometimes items show up on your credit history that are not credit items at all, they are bills that went unpaid, or other amounts owed, that ended up at a collection agency. Common non-applied for items include: (Read More…)