NEED HELP: Car Loan

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Old Oct 21, 2004 | 07:30 PM
  #16  
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ohhhhh i know...... FORD CREDIT!!!!! ASK THE DEALERSHIP TO FINANCE THROUGH FORD CREDIT!!!! THEY GIVE OUT LOANS TO PEEPS WITH BAD CREDIT!!!! HERES THERE NUMBER 946-3200
Old Oct 21, 2004 | 07:40 PM
  #17  
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there's always mafia loan sharks, if the banks won't do it.
Old Oct 21, 2004 | 08:07 PM
  #18  
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See he is buying the car from a private owner. It needs to be a bank of some kind so when he makes payments it helps his credit.
Old Oct 21, 2004 | 08:09 PM
  #19  
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Uhm...well any dealership that's hurting for business will probably work you into a car...for 25%. The FCUs won't though...they don't believe in giving people money that have bad credit...I think it's because of the high percentage of such people that get repo'ed.
Old Oct 21, 2004 | 08:15 PM
  #20  
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Will dealerships give people loans for private purchases?
Old Oct 21, 2004 | 08:24 PM
  #21  
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Originally Posted by keirnna
Will dealerships give people loans for private purchases?
lol. no.
ok, i thought the car was from a dealership.. hmm, hes pretty much screwed then... i also wouldnt be runnin credit checks at every bank if i were him.. also, you gonna tell us what kinda car it is? isnt your friend in the military? damn i know young military peeps that get loans from their credit union bank..
Old Oct 21, 2004 | 08:24 PM
  #22  
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Not the dealerships dude...the dealerships will contact their loan companies to get the loan for a personal purchase for one of THEIR CARS.

After thinking about it...I'd say that your friend will most likely get a loan at a dealership because the dealers are buckwild about it. So go ahead and go...just remember that in his situation, he's pretty much at their mercy. Just try to not pay too much in the principle amount that you finance and get a high APR....you'll have a not so bad chance at getting a lower APR after refinancing if he keeps his head down with his money.

Basically, your friend is screwed and won't have too many options right now. I know, I was in that situation in college but got out of it. Just go to a dealership and buy a car and start rebuilding his credit.

Last edited by bpang1; Oct 21, 2004 at 08:26 PM.
Old Oct 21, 2004 | 08:30 PM
  #23  
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if you guys are really in a hole,why don't you take out a loan and have your friend pay for it.
Old Oct 22, 2004 | 12:09 AM
  #24  
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Car aint worth the debt its gonna put you into for a LONG time. Grow up and wait till you got the money. Its jus a car.
Old Oct 22, 2004 | 12:19 AM
  #25  
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you boy should buy somthing cheaper and build his credit instead. at 25% he's not only getting bent over, but taking a shot in the mouth too.
Old Oct 22, 2004 | 02:52 AM
  #26  
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without lube
Old Oct 22, 2004 | 05:46 AM
  #27  
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Pres. bush signed a bill saying u can run ur credit as many times in a month as u want and it won't hurt ur score cause u just cant find ur car or house in one day u knw what i mean..

also tell him to try hawaiian tel fcu i had some ppls sent to them and they took the loans.
also hawaii central fcu
Old Oct 22, 2004 | 04:32 PM
  #28  
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Originally Posted by Raudi
you boy should buy somthing cheaper and build his credit instead. at 25% he's not only getting bent over, but taking a shot in the mouth too.
and got some in his eye and it even landed on his hair!!!
Old Oct 22, 2004 | 06:56 PM
  #29  
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Hey good news, Jayson got his car loan at 4.9% today from Navy FCU! We are going to pcik the car up in a few minutes.
Old Oct 22, 2004 | 07:20 PM
  #30  
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yay! Navy FCU saves the day!




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