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You will need a co-signer that has good credit.
Usually if you can prove you have a job, they will finance the car for you. Just go to different dealerships and talk to them, you'll find one to help you! Good Luck!
well if you're a LEGAL alien, get a credit card and use it very little. Make sure to make payments in full and on time. Then get rid of it once you have built a little credit. Then go to an Auto Loan company like http://www.car-loans-financing.com... and apply for a loan.
Good Luck
Ther are always sellers who are willing to "finance anyone." All you need is a job. You'll pay a higher interest rate, sometimes as much as 21%. But it will establish your credit, too. If you buy a cheap car at a high rate, then pay it off as fast as you can, you'll find it easier to get credit next time.
Also, as soon as you have a few on-time payments on record, some credit card companies will be willing to give you a credit card with a small limit. This helps to establish your credit, too.
But what's most important is, don't get in over your head. Pay off the credit cards every month. (It still helps you build credit even if you don;t carry a balance.) Buy the cheapest car that will stay running, so your payments aren't outrageously high. And pay it off as fast as you can. Otherwise, the money you make is going to the banks as interest to make their investors rich, not into your pocket for food or savings.
Hi.
This site will help you:
http://qurl.com/ksh9f
I would join a local Credit Union.
Or, if you had a bank account for a while, start by asking my own bank's credit department.
Most major car dealers have financing options for the sub-prime borrower. It will help if you have some money to put down for the loan -the more the better.
If you know somebody that would co-sign for you it will be great. Also you could ask that person to add you as an Authorized User to one of their major credit cards -one that has a long good history-it will definitely help you build excellent credit in a shorter period of time time.
I would consider all these option before going for the "we approve anyone that has a job" kind of deal. Consider that for a 4year/ $5000 loan at 21% you would be paying $2431.77 in interest, while for the same loan at 19 % you would be paying $2176.03 in interest - that is $255.74 less.
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