If you’ve got poor credit, you’re not alone. Millions of Americans have bandruptcies, repossessions and foreclosures. Late payments, medical collections, judgments and the list goes on and on.

All of these people with these problems all have one thing in common. They all have to have a car. These days, you can’t just walk where you’re going unless you live in a very convenient area. You’ve got to get to work, to school, to the grocery store and so on. More and more loan companies these days are specializing in bad credit auto finance and I’m not talking about buy here pay here lots. I’m talking about real good loan companies that will get you in a new vehicle, regardless of past credit problems.

If you’ve got your bills paid on time for the last 90 days, have your bankruptcy discharged or dismissed and have an income of more than $2200.00 combined household income per month, you can get approved for a brand new car. Now the interest rate won’t be 4%. It’ll be more like 9-12%. It’s still reasonable and so long as you’re not trying to buy a $40,000.00 car, you don’t have anything to worry about.a

If you’re looking for a good, dependable automobile and being responsible about your choice of vehicle, then you can get approved.

The trick is dealing with finance companies directly and bypassing the dealer finance department altogether. There are lenders that will approve you for a payment amount based on your income. That payment amount translates into a total dollar amount that you can use to buy a car with at either a dealership or from a private seller.

Enter your zip code at http://mycredittree.net and take a look at loan companies that specialize in bad credit second chances.

Christopher Love is a former car dealer helping people understand the tricks of the trade to save money.
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