auto

9 steps to a car loan on damaged credit

3. Shop around
3. Shop around | PeopleImages/E+/Getty Images

3. Shop around

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 consumers, he says. "Seeing places that are appealing specifically to subprime is a little bit of a warning flag."

RATE SEARCH: Need a car with a low payment? Shop today for an auto loan.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
advertisement
advertisement

Blog

Tara Baukus Mello

4 best bits of winter driving advice

A drag racing champ offers advice if you need to get behind the wheel during blustery winter weather.  ... Read more


Connect with us