Credit Challenged Car Buyers Find Help Online Hope Star
(ARA) - Eighty percent of all Americans have at least one blemish on their credit reports. And a third of all consumers have credit scores so bad that they may have difficulty securing a car loan.
SUSAN TOMPOR: Auto scam steals your money and good credit Detroit Free Press
Now, here's a fast-cash deal destined to make fast trouble. Auto lenders tell me there's a nationwide scam in which consumers are being enticed to take out a car loan -- or maybe two or three -- for someone else as a way to make quick money.
Bad credit results when borrowing for another Bankrate.com via Yahoo! Finance
A reader who good-heartedly but unwisely took out four car loans for someone else, and then defaulted on all of them, gets a cold splash of reality from the Bankruptcy Adviser.
Borrowing for another invites bad credit Bankrate.com
Dear Bankruptcy Adviser, I am presently very heavy in debt (more than $100,000). My problem is really not credit card debt which is approximately 30 percent of my total debt.
Thinking about co-signing a loan? Think again Bankrate.com via Yahoo! Finance
Too many people don't recognize that they could be stuck with paying the debt.
2001 Pontiac Grand Am SE from North America Carsurvey.org
What things have gone wrong with the car? Fuel pump has had to be replaced twice. Once for breakage and then again because the fuel sensor was not working to indicate correct amount of fuel. This was not due to the bad gas that was in some areas.
1991 Mercury Capri XR2 from North America Carsurvey.org
"Good car to work on, get 'em while they're cheap!" What things have gone wrong with the car?
2004 Ford Expedition EDDIE BAUER from North America Carsurvey.org
What things have gone wrong with the car?
1988 Mazda RX7 GXL from North America Carsurvey.org
What things have gone wrong with the car? This car has had minor problems such as the back wiper not working unless it feels like it. The clutch and engine are original and still strong.
1998 Ford Contour SVT from North America Carsurvey.org
What things have gone wrong with the car? The second day I owned this car the water pump blew (plastic impeller broke, common problem with Contours) and in turn the thermostat, head gasket, and head all blew, leaving me with a smoking, steaming mess of a car.
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