If you are an average working class American and have had some financial difficulties in the past and now you have constantly been told "No" over and over again whenever you are applying for a new auto loan; then you have come to the right place. Yes you can still get a new car after all we all need one to make our lives more convenient. No one wants to walk around town carrying their groceries or to and from work; unless you just want to.
Finding a low interest auto loan for people who have bad credit is going to be different than someone who has good credit. After all we all know that most lenders are not going to want to lend money to someone who has had some financial difficulties in the past.
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Therefore you should avoid applying with the dealership financing; this is not the best way to get a loan. Sure they may give you a loan for your new vehicle; however you can expect it to be higher than you would want to repay. Most of the times you are going to have to deal with bad credit lenders who are willing to take a chance on you.
You may realize that you may not always start off with the lowest interest rates; however as long as you continue making the payment on a timely basis you will find that after 6 months you may be able to refinance that payment and negotiate a better and lower interest rate.
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