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More than 8.4% of borrowers with weak credit scores who took out loans in the first quarter of 2014 had missed payments … Car loans didn’t experience the surge in defaults that occurred in mortgage lending during the recession. If a loan does goes bad …

Oct 26, 2009 … The other thing you may have to be prepared for is a larger down payment. … But. ..u didnt answer about the badcredit/no credit type of loans. …. have no loan, or buy a new car with full warranty for less than like $12k at 0%.

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Adding that person’s strong credit or income may help you get approved. … If credit scores are bad and income is low (or nonexistent), the loan will not get …

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When you need money, sometimes a second mortgage is the answer. Second mortgages, also known as home equity lines of credit (HELOCs) can be used to …

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Co-signing happens when somebody promises to back up a loan for … A loan that you co-sign for ends up on your credit reports – the good, bad, and ugly. … to refinance the loan, pay it off, or see a substantial improvement in credit quality.

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