Auto Financing No Job
auto financing no job
What is the best way to get an auto loan?
I have kind of a tricky situation. My current vehicle is financed in my fiance’s name. We owe $5,000 on it, but we need a new one badly. This thing is a huge piece of junk. Waaay too many problems to list.
His credit is horrible since he got divorced 2 years ago. My credit is pretty much nonexistant. I have a student loan and 2 credit cards… one of which I had defaulted on when I lost my job in November, but is now current.
We were looking to get a new vehicle in my name, since my credit is obviously better than his. What is the best way to go about getting an auto loan?
If/when I get one… what do we do with our current vehicle? No one is going to want to buy it, and we can’t afford to pay it off if we get a new car.
Sorry if this is confusing… much appreciation for all of your help!
Apply for a loan, your name only. Since his credit is horrible anyway, it won’t matter if he gets a repossession on top of everything else, which won’t affect your credit at all.
If you get the loan, buy a car. Stop paying on the other one, in his name. They will harass him, and eventually repossess it, sell it, and continue to harass him, but you’ll have a car to drive.
Why new? Lots of bargains in used, and less to lose.
No Credit Check Auto Financing
When it comes to auto loans and finding a review on a company that is giving you an auto loan, you will find it easy to do if you use the Internet. If you’re looking for no credit check auto financing, then you should use big search engines like Google and Yahoo. You will find that many websites tell you it will be a no credit check on auto loans in order to allow others with bad credit a second chance. Auto loans without a credit check might have an alternative way of making sure you have a way to pay the loan back, which means a steady job or money down.
The sign up for an auto loan will be easy to do, but how do you know if you can trust your auto loan coming from a good source? Well, simply look up the company that’s giving the loan to you and see how people talk about them. You will find that there are a lot of car lots that allow you to do car loans through them, which opens up the no credit checks and money down only slogan.
If the company for the car lot that is giving the loan to you has bad reviews, then you should know to back off of the loan.
To make sure the review is right about the company, you can simply find more reviews that say the same thing. When you research, it can help you find those good loan companies that ask for no credit or the ones to back away from.
The one thing you should know about no credit check auto financing is to find a company that’s going to help you with a auto loan and be careful with the loan companies that want you to pay a lot of interest rates.
About the Author
Devin Dozier offers exclusive information on No Credit Check Auto Financing on his blog Bad Credit Car Loans
