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Yahoo Answers! Credit Repair Forum This is a RSS feed for Topics from Yahoo Answers! That pertain to Bad Credit Repair, FDCPA, FCRA and general financial questions and answers. Feel free to discuss this in the credit discussion Forum. MEMBERS WITH THE DESIGNATION Powered by Yahoo! Answers under their names ARE BOOTS FROM YAHOO ANSWER...! NEW THREADS MUST BE STARTED ON REGULAR FORUMS, MEMBERS ARE HOWEVER ABLE TO ANSWER OR PARTICIPATE WITH CURRENT THREADS...

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Old 10-17-2007, 03:22 PM   #1 (permalink)
Lady Cosmo
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If your credit is bad?

Does the car dealer give you a longer time to pay off a car or shorter time? Some people get financed for 36 months, 48 months or something more. So if my credit is bad, would I be more likely to be financed over a longer period of time?
 
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Old 10-17-2007, 03:22 PM   #2 (permalink)
billys_office
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you would be better off not to buy a car or have extended payment plans
you sound like you are easy pickings for a loan shark
Work at rebuilding your credit - and do it in a consistent and honest manner
Buy a cheap car if you have to
Get a bank account
Maintain a balance
Take out small loans and repay them
build a credit record
 
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