Car Loans With Bad Credit - 4 Easy Tips

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*******www.private-bad-credit-lenders****/car-loans-with-bad-credit.html The auto industry is a highly comp...
*******www.private-bad-credit-lenders****/car-loans-with-bad-credit.html The auto industry is a highly competitive. This is why car loans with bad credit are very doable. 4 key factors that will determine your car loan are... 1) Credit History -- Your credit score will be the primary factor that determines your interest rate on car loan. With lower scores expect higher interest. 2) Job History -- Car lenders also look closely at your job history. A solid job history can open up lots of doors for you. 3) Monthly Income -- To increase your chances of qualifying for the best loan, it's good if your monthly income is $1500 or more. Anything less, while not absolutely impossible, may be a challenge. 4) Down Payment -- Car loans with bad credit will usually require 10%-20% of the purchase price of your car as a down payment. If you have even more to put down great ~ Money Talks!