Most people with bad credit envy better rated consumers, who are able to secure auto loans. While many lenders, mostly including banks and credit unions, would not finance consumers with negative marks on their credit, it does not mean that obtaining an auto loan is impossible. Inability to secure an auto loan in most cases arises from lack of industry knowledge, not because of credit standing. Thousands of people with serious blemishes on their credit are being approved every day, and there is no reason why you should not. If you have not been already, then you have been looking in the wrong places, as there are lenders in the marketplace able to approve bad credit auto loan requests.
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