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.
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.
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.
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.
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.
2002 Hyundai Accent from North America Carsurvey.org
I think the guy talking about shifting into overdrive means passing gear. Nobody touches that button on the stick. PS Mine clunks too.
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.
2000 Buick LeSabre Limited from North America Carsurvey.org
Last year, we inherited my mother-in-law's 2000 Buick LeSabre with less than 50,000 miles.
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Interest rates on loans for folks with bad credit range from 10 percent to more than So auto loan choices for people with dinged credit are out there.
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Auto loans for people with bad credit from loan office located inside new car Find local car dealer that help people with bad credit get auto loans.
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