Released on: October 21, 2008, 1:46 am

Press Release Author: Smith Bane

Industry: Financial

Press Release Summary: Anyone can fall prey to having poor or out and out bad
credit. Sometimes you work for years getting your credit rating high, only to see if
fall if you are out of work, or you get injured, etc. However, there is hope for
those that have bad credit and want to get a car loan. Years ago, if you had bad
credit you could forget it, but now the car loan people want to make it work if they
can.

Press Release Body: Anyone can fall prey to having poor or out and out bad credit.
Sometimes you work for years getting your credit rating high, only to see if fall if
you are out of work, or you get injured, etc. However, there is hope for those that
have bad credit and want to get a car loan. Years ago, if you had bad credit you
could forget it, but now the car loan people want to make it work if they can.

There is something called a bad credit car loan. This means that even if you have
bad credit, you can still get a car loan, but you will have to prove that you are
trying to turn things around.

First of all, you must look at how much you can truly afford in a car. Do not take
on more than you can pay, for it will end up in you losing the car and any good
credit you started to build by paying on the car loan. You have to sit down and
figure out what you can afford to pay total up all of your monthly bills and see how
much is left over. Do not use up every available dime, but see what you can
reasonably afford in a car loan.

You will also have additional expenses like insurance, repairs, etc. and gas if you
aren't already budgeting for that. Your car insurance will increase, it always does,
and your gas may increase as well. If you are getting a brand new car, you will need
to look at pretty much just oil changes, but if you are getting a used car you will
want to factor in for repairs especially if you don't know who owned it last.

Next time we will discuss the possibilities of putting down roots and showing
stability and dependability and how these are factors when being considered for the
car loan.

Web Site: http://www.cardollarsforall.com

Contact Details: Smith Bane
234 Valley Lane ,
Austin , TX-78701
carmoneyarticles@yahoo.com