How Much is the Interest Rates for Bad Credit Car Loans?

August 27, 2009 on 8:30 am | By admin | In Autos | No Comments

The last time that I bought a car I did not have any credit problems. Now, since I got laid off from work… my credit is SHOT!

I’m wondering if it’s going to be possible for me to get a good deal your locally. I’ve been to a few different dealerships in a volatile they basically the same thing. They tell me that with my credit score being 583 that is going to be very hard and I will have to have some serious cash down. The interest rates that they tell me about seem to be pretty high. Auto loan rates with bad credit are alot higher than I thought that they would be.

They told me 18% or more!

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