What are the chances of me buying a used car from a garage on a pay monthly scheme with a poor credit rating?
I really need a car or van to get my horse tack selling business back up and running but cannot afford to stump up a huge amount of cash all at once..What is the shortest possible amount of time to get my credit rating back to a good one? Any ideas would be gratefully received!!
Tags: Amount Of Time, Buying, Buying A Used Car, Buying Car, Car Garage, chances, credit, from, Garage, Horse Tack, monthly, Poor, Poor Credit Rating, Rating, scheme, Used
3 Comments at "What are the chances of me buying a used car from a garage on a pay monthly scheme with a poor credit rating?"
It isn’t an easy fix. Get your credit report (you get a free report every year) and see if you’re negative charges against you and try to fix some of them. Once fixed, it can take years for it to get off your report and your credit back up. Consult a financial adviser.
If it is just a “for sale by owner” type of thing, they won’t do credit checks, but make sure the car is good.
You can definitely contact Mokan Autos about it. They specialize in providing $7,500 or more in financing and quality automobiles to customers with high-risk credit ratings in the Missouri and Kansas area. Most of our work is done over the telephone, and in most cases we will simply secure the financing over the telephone, discuss what type of vehicle you need, and deliver the car to you for a test drive.
Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool – carquotes.fateback.com