How to Get your Best auto loan bad credit car loan Financing Deal
If you have not-so-stellar credit, the dealership may pull a bad credit new car loan financing scam on you: Because they want to make the sale, they'll offer you a competitive interest rate. You sign the papers, trade in your old car and drive the new car home. However, a clause in the contract you signed states that the interest rate is based on "loan approval." A few days or longer pass and you get a call from the dealership that the bank didn't approve your loan at the low interest rate. Since you've gotten used to the car and ... Read More »