In general, it is better to go with a bank or an auto financing lender rather than the car dealership down the street that is offering a â€œbuy here, pay hereâ€ deal. If you do wind up with a high-interest rate on your car, work on rebuilding your credit score so that you can eventually refinance.
However, that doesn't change the reality that situations arise where you need to buy a car with bad credit, including: Your existing automobile has broken down .
Buying a car when your credit is bad can be an exercise in frustration and stress management. Approvals are tougher to come by and interest rates — what a .
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