2009 Winter Auto Guide
Keys in the door of a silver car
auto
9 steps to a car loan on damaged credit

3. Shop around
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Some lenders will see your tarnished history in a more positive light than others. "That's where it becomes more important to shop around," says Reed. But be careful if a lender or lot caters specifically to subprime customers, he says. "Seeing places that are appealing specifically to subprime is a little bit of a warning flag."


 

 

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Tara Baukus Mello

Bad-credit car loans lowest since 2012

Car loans for consumers with the worst credit, so-called subprime and deep subprime, have fallen to its lowest share of auto loans overall since 2012.  ... Read more


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