Hi there ladies,
I have a low credit score mainly due to medical bills from my little girl.
I am a single mom and find myself needing a new car soon.
My credit is only low becuase of medical bills and several dealerships said they can help me if I get a co signer.
Welll I don't have family - So I really don't have anyone to co sign?
Are there places I can go that can help me get into a nice decent car that is affordable without A Cosigner.
Im scared those tote note places are going to rip me off and screw me over.
Any advice is greatly appreshated
Have you tried Ford Motor credit, they are always more laxed than the other banks. You also may try applying with AmeriCredit, they are a secondary lender. When I sold cars they always helped people with less than perfect credit.
We just bought a car from Sam Pack Ford in Lewisville and we have horrible credit. They worked with us when no one else would! Give them a try!
My brother had the same problem and was able to get a car from CarMax. The interest rate was 10%, but because of his credit, it was the best he could do. This was a few years ago in Maryland, but I'm assuming they are all the same. They also gave him 5 days to find another financial institution to get a loan from. I have never purchased a car from CarMax, but my husband and I both did well selling our cars to CarMax and found them to be very good to work with.
A commercial on tv of Central Kia claims that they can help individuals with credit issues. They state they can find the right deal for your needs. I had a Kia and can tell you that it was a really nice car considering it was not top of line in some people's minds. It also comes with a 100,000 warranty and that is nice for single moms and definitley something to consider.
CASH. Find a way to pay cash and not have a loan.
I don't know your situation and if that is even possible, it is a thought. That way, you stay out of more debt.
