Sunday, November 21, 2010

What are these no credit no money no problem loan places?

like we see them all the time on route 1 i live in new hampshire and we want to finance a car and we got bad credit but they say bad credit no credit no money no problem what the catch just high interest or what the real catch will they lend us 10000$ with bad credit? we want to get a 2005-2007 chevy impala or saturn ion... ? and how does it work do they give us the money we go to a dealer and get the car? or are there dealers connected with them? will they have thoese types of cars for around 10000$?

like if i put 500$ down would that be enough to get the loan? i know 20% is out of this world insane but i need/want a good car so whatever for the time being..the loan of 10000$ my moms credit score is like 563 haha so real bad so would they lend it to us cause it says no money no credit bad credit no problem or we will fiancee you or whatever? so would they give us the loan with 500$ down and for a 10000$ at 20% intrest what would that be 270$ a month? with like 60 month finance or 72 monthWhat are these no credit no money no problem loan places?
They can be legalized loan sharks. The rates are even higher than you think when you add all the fees in. Some of them put a GPS thing in your car, so if you are even 5 minutes late with a payment they can disable it remotely. Then they know where it is and just come and get it. Ugggh. You can get some small cars, brand new for about what you want to pay. The dealers are dying out there. Now with the Cash for Clunkers program ending, they will be willing to deal.What are these no credit no money no problem loan places?
This answer actually makes them sound more legitimate than the actually are.

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