Car Loans After Bankruptcy – How To Negotiate The Best Deal
A car loan after a bankruptcy is one of the easiest types of secure loans to get. Negotiate the best deal by taking control of your financial situation. With so many lending options available, you can choose your lender. Start by tidying up your credit report. Then, look for car financing before you start shopping. Not only will you get a good rate, but you can negotiate an even better price for your new car.
Be Proactive In Securing Financing
Dont fall for dealership financing targeted for those with poor credit. Often times you will get stuck with a high rate loan and a high costing car. Instead, be proactive about securing your financing before you shop for a car.
This way, you have the most options on where you want to purchase a car. And you can get a better price because you have cash. They will never know you have a bankruptcy in your past.
Straighten Up Your Credit Report
Make sure your bankruptcy has been completely settled before getting a car loan. You can get a free copy of your report online to check that all qualifying accounts have been closed. Also verify...
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