Trading in a vehicle with negative equity should be avoided and this situation can be made even worse if you are attempting to finance your next vehicle with a bad credit auto loan.

To either regain or establish auto credit car shoppers with problem credit may need to apply for a car loan with a higher-risk lender.

Finance managers have been known to present the product to problem credit buyers as protecting an auto loan which is actually a fairly accurate description. But the fact remains that credit-challenged borrowers, in particular, should have a basic understanding of how credit life insurance works.

One of the many questions our customer service department receives here at Auto Credit Express is whether or not people with bad credit can do a sign and drive.

Bad credit car loan customers can take advantage of new car incentives on some affordable vehicles from Kia to keep their monthly payments and interest expenses down.

If you have bad credit and are responsible for child support or receive child support income you need to be aware of how this will affect applying for terrible credit auto loans.

Trading in a car on a bad credit auto loan is something that you can absolutely do. One thing you have to be careful of, however, is trading in a car in which you have negative equity.

Even if you qualify for a credit card you may have to apply for horrible credit auto loans to establish your car credit.

But first things first: do you know if you really have bad credit? If not, you could qualify for auto loans for people with fair credit or even good credit.

According to the latest market report from Edmunds.com, used subcompact, compact and midsize cars, many of which are ideal vehicles for credit-challenged borrowers, should be even more affordable this year. With this in mind, consumers who know their credit scores and reports and have a decent down payment might want to seriously consider pulling the trigger on a nearly new car.