You may think that a bad credit history means no auto loans for you. You probably already know that bankruptcy is to be avoided if at all possible; that it should be used only as a last resort, because it so severely damages a personal credit profile. But, if it was an unavoidable circumstance, you may still find ways to get a bad credit auto loan for the transportation that is so necessary in the four-lane free-way world of today.
Bankruptcy Auto Loans Have a Market
If you have filed for bankruptcy within the last ten years and need a car, you need to get organized. First, you need to find out who would be willing to extend credit to folks with a bankruptcy in their past. On first consideration, it might seem the odds are pretty small for such a lender to exist. Look at it this way: There are thousands of people with bad credit, especially in the rough and tumble financial milieu of today. Among them, there are thousands of people who need transportation. So, there is certainly a market for bad credit or bankruptcy car loans.
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