Can I trust all the websites that offer quick credit approval for a car loan with bad credit? Yes of course!
Of course not. They will charge you interest rates comparable to a credit card, w / o the introduction of Nice "no interest" offers.
The best place to ask is your bank or credit union. After all, they already have some of your money.
Some may be legitimate, but you must pay up to 33% interest.
If they were, they would not advertise "fast money for people with bad credit." Think of it like this ... offering credit to people with bad history is risky. To offset the risk, you should make more money since more people are likely to default. They do this by charging higher rates and fees. It's that simple.
Posted on March 14, 2010.
