If you are wondering how to get a car loan with bad credit and no cosigner, then be rest assured that a few clicks of the mouse will leave you sorted at the end of the end. More and more people are turning to zero down payment car loans bad credit solutions for financing their cars in the US. The popularity of such loans could be marked from the fact that they enable borrowers to finance cars despite they don’t have money for down payments or cars for trade-ins.
As if this is not enough, you will also have handfuls of credit councilors and other so called money managers trying to take even more from you with their debt consolidation plans that promise to cut your payments in half”, save you thousands”, or our personal favorite – get you out of debt with the click of a mouse”.
Once you’ve cleaned up your credit file as much as possible, and removed as much negative information as you can, it’s time to start focusing on the positive – you need to get some ‘good’ entries on your credit file to counteract any ‘bad’ entries that remain.
A consolidation program to combine dues from multiple credit cards into one convenient loan is an extremely effective tool in alleviating the pressure of never ending losses that you are incurring every month and still getting no reprieve from the total amount showing as outstanding.
Seems to me that you may want to resolve your issue with the student loan from 20 years ago that you even admit STILL haunts you today…There are two types of bad credit in my opinion: #1) bad credit with debt owing and #2) bad credit with debt paid off or an arrangement like Bankruptcy or Consumer proposal is completed.