Every one is aloud to dream. Everyones dreams are different to other people. Dream for most people is a car. Now days everyone can get what they dream of even people with bad credit history. This has been made possible by bad credit car loans.
Bad credit car loans are designed for people who have had bad credit history. It includes people who have defaulted in their repayments when they have taken loans earlier from their creditors.
People who are labeled as people with having bad credit history include people like:
People who have defaulted with their payments
People who are in arrears
CCJs (county court judgements)
People who have filled for bankruptcy
Late payments or
IVAs
Bad credit is earned on the basis of how the borrower has repaid his previous creditors and that is how we arrive at a credit score, which is a rating to judge your financial credit worthiness.
A score, which is considered poor, is one, which is below 600. This is a general credit score. There are also other credit scores such as one offered by FICO (Fair Isaac Corporation) the range of which is from 300 to 850. The three FICO score is...
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