Kool™ trys to buy a car (ladies/fellas....check it)

WHy dont you ask your parents to cosign? Or someone with established credit? Worst case scenario even if they have bad credit....Im pretty sure youd get a better rate than 20% and if that fails...try a credit bureau...they give you lower rates... and if thaaaaaaaaat doesnt work... you better put down a hell of a lot of money for your downpayment hope this helps :arrow:

Yeah you should go to a credit union with a downpayment of at least 1500. You can probably get 5.9 % . Or you can ask your parents/family to co-sign, that get the interest down considerably. In addition, I'd be wary of any dealer that's willing to stretch out an American car that is already almost eight years old, for $250 a month. That puts you at minimum 34 months. You might want to have your mechanic look at it, and don't forget you can put down hold money (usually $250) to make sure you get first dibs on it while you try to qualify for a loan.