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Who Can Qualify For A Bad Credit Car Loan?
October 4th, 2011 by admin
Who can qualify for a bad credit car loan? It is widely known that the Bad Credit Car Loan borrowers are persons with a bad financial background. These persons have bankruptcy, foreclosure, late payments, defaults, repossessions on their credit report. The bad credit car loan borrowers have to be major of age. The US residence is also a must. The applicants need to have a regular job and a net monthly income of at least $1000. The bad credit car loan lenders require to their applicants to have a minimum 6 months experience at the present job. The repayment capacity of the borrower is extremely important for these lenders.