Thread: Bought a car!
View Single Post
 
Old Jan 08, 2016, 09:50 PM
Rose76's Avatar
Rose76 Rose76 is offline
Legendary
 
Member Since: Mar 2011
Location: USA
Posts: 12,833
Actually, it's not all that hard to get a car loan with bad credit. The bank figures they can always repossess the vehicle, if you don't pay. They know people are usually well-motivated to make car payments, whatever else they may go without. They are satisfied that your income is sufficient to allow you to do that.

Congratulations on getting the car! It does usually make life easier.