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Discuss I want a bank loan for a car? in the Finance and Insurance forum at Car Dealer Forums; I'm planning on getting a job and I really need a new car. A friend ...
  1. #1
    Senior Member RatiRut's Avatar
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    Default I want a bank loan for a car?

    I'm planning on getting a job and I really need a new car. A friend said that I could get a bank loan, get a newer car, and then make payments every month to pay it off.I want to do this but I didn't know if it was a bad idea or anything...? Any advice would be helpful.
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    Yes.you can get loan in any car for that you just need to produce proper documentation in to a company or otherwise the show room itself they will arrange the car loans for customer satisfaction.

  3. #3
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    There are a variety of places you can obtain car loans from. How much a loan will ultimately cost you will depend on the term in months involved and the amount of interest charged. Many approach banks to obtain the car loan they need. Other options can include credit unions and finance companies.

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    I don't thinkthe bank would lend it to you.

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    One of the first things you should do before applying for an auto loan is review your credit. I suggest you to go through this site banking.about.com, It will definitely be useful for you to get a car loan.

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    But before taking decision about car loans you need to verify which would be the best car loans.A bad credit score not only may cost you thousands of dollars in high interest rates-if your credit score is in a really bad shape (e.g. below 500), you may not qualify for a loan at all.
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    If you have good credit then then would be a good idea. Keep in mind the cost of full coverage insurance the lender will require you to get before you drive the car off the lot! Thanks

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    Thanks for the information, it was nice.

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    Car Loans can be cheap if you maintained a proper record with the older insurance plans. it will evaluate your deal more accurately,and you will easily get loan for car.

  10. #10
    Junior Member DennyPhantom's Avatar
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    Now there are a lot of good companies that provide loans, so it is not difficult to do. You can try to contact the company webmoneyloans. I have already taken loans here, so I can say that this is one of the most reliable choices. So try

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