Just had to rez this thread because we just took a plunge on a car loan. The beater my wife has been driving finally collapsed (in a sense) and whilst looking, I found not much luck. I finally caved and went to an used auto dealership and applied for a loan on a 2002 Hyundai XG350L for $5,000. 2 year loan with 23.25%. I have ZERO credit history with the exception of a credit card that went to collections that I paid off (thanks, retarded and irresponsible 18 year old version of myself!!... /sarcasm).
I know it's a bad rating, but its the only loan I can get without a co-signee. And my pride is far bigger than that.
Originally Posted by: Formo