Credit cards can be a blessing. They give you the ability to make large purchases without having to prepare a fund in advance, as well as get through emergencies. If a dealership allows you to, you may be able to charge a down payment to a credit card. But, will you be able to afford the monthly credit card payments in addition to the expenses that will come with ownership? That credit card can end up being a curse.

Instead of thinking of a down payment as a hurdle, car buyers with credit issues should think of a down payment as a way to save themselves money as well as a way of contributing to the success of their credit repair efforts.

If you’re in the market to buy a car, you may be aware of the many benefits attached to having a down payment. How can you save enough money to provide one?

The latest information from Experian shows that the average car loan amount is at an all-time high. As a result, consumers are turning to longer-term auto loans to reduce the size of their monthly payments. This auto loan trend can be a dangerous habit for consumers with less than perfect credit. But, luckily, a down payment can help you buck that trend.

A down payment helps you get approved when it comes to bad credit auto loans. Plus, coming up with a down payment comes with other advantages as well.

If you have ever owned a car and been in a position where you still owe more on the loan than the vehicle's actual cash value, this is called being underwater on a car loan. And, when purchasing a vehicle, there are ways to steer clear of an underwater situation.

Many car buyers with credit issues want to know if they can get an auto loan with no money down. If you are dealing with imperfect credit, unfortunately, you'll be hard pressed to find a zero down offer.

When they ask us can I buy a car with bad credit and a large down payment? we sometimes have to remind ourselves that, for these consumers, financing a dependable vehicle used to be much more of a problem.

Consumers that need a car but have concerns about their credit need to be familiar with some of the basic conditions that typically need to be met from most high risk auto lenders.

The economy has taken a hard toll on many people, however life still goes on and occasionally you need to purchase a newer vehicle. That can be pretty difficult when you have bad or low credit and hardly any money to set aside as a down payment.