With a bad credit score and $1000 to put down, would I be able to get financed for an extra $2000?

Just wondering how the whole thing works. We need another car and are trying to rebuild our credit.

With a bad credit score and $1000 to put down, would I be able to get financed for an extra $2000?

All you can do is check around at various banks and credit unions....most car loans require only 20 percent down so you have more than enough for a down. Citi-Financial gives out personnel loans at higher interest rates for poor credit situations and will put a lien on the title till paid off. Always pay on time to restore your credit...just takes time. Get some credit cards if you can but don%26#039;t use them AT ALL ---lenders look at what available credit you have to see if you%26#039;re a good risk. And keep an emergency fund set aside for problems that crop up...I recommend 2-3 months of living expenses.

With a bad credit score and $1000 to put down, would I be able to get financed for an extra $2000?

have you called geico?

With a bad credit score and $1000 to put down, would I be able to get financed for an extra $2000?

Can%26#039;t rebuild credit by borrowing more money--that you are not going to pay back... Borrow the money from a friend.. If your cool the friend will Co-sign the loan.....Bad credit history -- cash loan -- I think it will get turned down... But you can ask

With a bad credit score and $1000 to put down, would I be able to get financed for an extra $2000?

It depends on just how bad your credit is. If your credit score is in the low 600%26#039;s or below, you may not be able to get a loan, regardless of down payment. The amount you qualify for also depends on your income and debt-to-income ratio. Here%26#039;s an article that has more details:

http://www.leaseguide.com/Articles/bad-c...

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