Capitol One, GMAC, Fireside Bank all have programs for people with poor credit. Good luck.

Each time you apply, the loan company runs your credit report. Excessive inquiries can lower your rating.

In general every time a lender checks your credit your score drops x number of points. The lower your score is the less likely you are to get decent financing. It seems to be a catch 22.

Applying at a lot of places is bad. This is why, when you buy a home, they tell you to not do ANYTHING credit wise till your house is signed on and all.

There are many auto loan options available today. Today, stiff competition among auto loan financing companies<!--has made it possible to get a car loan or an auto loan at favorable terms.

http://best-loans.awardspace.com/autoloans.htm

However, before you sign the paper for financing your favorite set of wheels, do your homework to ensure that you get the best car-->finance option. You can apply for online car loans on the Internet, or get it from your car dealer.

need an auto loan from online...don't worry you surely get it.i think that th e below website will help you to find the right solution.

Put the money to pay off the loan in a savings account, get the loan let it cycle about 6 months then pay the balance off. This gives you a payment history although you will pay a bit of interest it will be a good trade line.

Also initially your score will take a 5-7 point hit for the credit report when getting the loan, rebounds rapidly!

NO...and in case you think you can...NO !

No, not since 1986.

Not since Ronald Reagan was in office... He well reformed the income tax laws... Thanks Reagon!

no... shame huh?
would be nice to be able to do that... I too have interest on my car.

No, not for your personal car.

You can only deduct your mortgage interest if you itemize.

You cannot get another loan against your car without the title and the permission of the first lienholder. You can only get an auto loan if you own it free & clear and have good title.

All title loan places require a clean title on the car.
You should stay away from those and payday loans.
The interest rates are extremely high (up to 500% annual).
If you do not make the payments,you lose your car and still owe the balance.
A lot of people were complaining about these companies because the monthly payments were so high they could not make the payments and that went on their credit reports plus it sent them farther into debt.
My son took out a loan on his truck for $1,000.00 to pay off a credit card.
He could have worked out a payment plan with the card company.
His loan interest was 250% for a 3 month loan and the payments were $333.00 per month,but the loan balance went up instead of down with each payment.
I had to skip bills and cut back on other things to come up with the money to make a lump sum payment to end the loan.
I don't know about all these places,but the 1 he went to wanted cash only payments-no checks,credit cards,debit cards or money orders.
If you don't keep your receipts,you will have no way to prove you made a payment.
You would be better off to keep making your regular payments.
Try to make an extra principal payment when you have the money.
That will cut the loan down by a month and save you 1 months interest to.
If you get a tax refund for this year,use some of that to pay down the principal or pay off the loan balance.

Been there and did it!

Don't do business with anyone you don't initiate contact with.
You don't know who is legit and who is not.

If you are still paying on it, it probably has no equity to borrow against, unless you only have a dozen payments or so left, plus the 2nd lien thing the guy above mentioned

The one with the best interest rate, usually. Maybe someone out there has had a negative experience with a specific company, but I never have.

I would, however, avoid anyone with a name like Honest Joe's Auto Loans.

Finding a bad credit auto lender take a little bit of work to find the right one. When looking to buy a new or used car, the dealer may offer bad credit financing, or refer you to a lender. Car buyers should consider arranging their own financing. Bad credit auto loans are simple yet complicated and some lenders will try to take advantage of you. It helps to know your available options.Before applying for a car loan, try to get a copy of your personal credit report. Lenders base approval on your credit score and credit history. Some lenders classify sub prime borrowers as persons with scores below say 700. On the other hand, another lender may qualify a borrower with the same score for prime rates.

http://www.worldbestloans.com/autoloans.htm

Unless you have a 700 or higher credit score, it might be a good idea to look at your credit report and see what you can do to improve your credit score. A 700 score will get you the best rates at the best loan terms. Any credit score higher will not change what a lender can offer you, since you will already qualify for the best loan deal. Where you will start having trouble is if you fall below a credit score of 700. When you fall below lenders see you as a risk and will start charging higher interest rates in order to offset the risk.At this point your only options are to seek a bad credit lender or get to work on fixing your credit score. There are a number of quick things to do to improve your credit rating and get the loan you need at the rate you want.

While looking for auto loan you should look for the rates of interest offered on car loans depend on the market rates and the individuals own personal credit scores. Check company that offer Car Loans with low interest rates even with bad or no credit records and help to establish your credit while driving your dream car.