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Getting a car loan without credit history is difficult, but you have options. I'm 31, make $97,000 a year and am completely debt-free while living with my parents — but I can't get approved for ...
Both a car loan charge-off and a repossession negatively affect your credit score. With a car loan charge-off, you'll still be responsible for the debt. If you file bankruptcy, it's possible to ...
Settling your car loan debt can end high payments, but your credit score will drop.
In addition, lenders like to see a nice mix of credit (mortgage, car loan and credit cards are the big three). Keeping your car loan open also helps extend the length of your credit history ...
People with excellent credit qualified for rates around 5.61 percent, while people with bad credit had an average new car rate of 14.17 percent. Rates for used cars were higher — 11.35 percent ...
You can get a car loan with a credit score of 500, but it may result in a much higher interest rate. You are likely to pay between 10-15% in interest, and you may even pay as much as 20% in some ...
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