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Posted in Auto Loans
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bhamlocal

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if your credit is below five hundred can you get a car loan thru a car lot to help build credit up

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It is unlikely you can get a loan with that low a credit score.  If one was granted, the interest rate would be outrageously high.  I suggest saving enough to buy a 'beater' to use now, work on building your score and then trying later on.  I had cash from sale of a house so bought a car that way ten years ago, then worked on building my credit and recently was able to get a pre-authorized loan to buy a new car.  Awesome!

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