Where can I find auto financing in Chicago for people with HORRIBLE credit?
I need to buy a car immediately for a new job and I have horrible credit. Does anyone know where I can go. I have $1000 to put down been renting my home for 2 years and at my job for 2 1/2 years. I’m looking for a cheap used car or a cheap new one. A: Sounds like Buy Here Pay Here would be your best bet, you can usually find those dealers in the paper or the yellow pages, but be forewarned, your are going to pay at least %18 interest and probably more like %21. Don’t do it unless you can afford to make double payments on the car or if you plan on getting your credit back in decent shape within a year or so. Once you establish a decent credit history you can refinance and get a more realistic rate, something like %8.
