<!DOCTYPE HTML PUBLIC '-//W3C//DTD HTML 4.01 Transitional//EN' 'http://www.w3.org/TR/html4/loose.dtd'>; <html><head><title>Article Directory Online : Free Online Article Submission - Articleonlinedirectory | How I Got A Poor Credit Auto Loan, You Too Can Do This</title></head><body><h3>How I Got A Poor Credit Auto Loan, You Too Can Do This</h3><br /><br />By: <br /><br /><p>You can get poor credit auto loans, even after foreclosure and bankruptcy, they can be expensive, and I will explain this and show you how you can get a better deal if you clean bad credit.<br /> <br /> 2 years ago I was let go from my job and had to foreclose on my house. With repossession of my auto coming close I looked into bankruptcy and since I could not afford to pay for it I lost my auto. Upon receiving a new job I filed for bankruptcy to stop the constant calls and nagging and try to get a fresh start. A few months after the bankruptcy I was able to get a poor credit auto loan. I will let you know how you can get yours also.<br /> <br /> Our history of making payments on time has the most affect on our credit so I applied for and got a credit card. I used it sparingly and made payments on time to assist in rebuilding my credit. Having even a short history of on time payments is very helpful in obtaining a poor credit auto loan.<br /> <br /> Reduce balances; by making payments on time and refusing to keep charging you will acquire a better debit-to-credit ratio. For me, with only 1 account was easy, but it holds very true no matter how many accounts.<br /> <br /> Showed financial responsibility; I saved money for a down payment, this helped show I was responsible with my money.<br /> <br /> Get referrals; My landlord gave me a good referral upon my request saying I paid rent on time despite rough times. Utility and Phone Companies are good referrals also in getting that poor credit auto loan.<br /> <br /> After only 5 months of rebuilding my credit I went to a well know established dealer that has a special department the works with customers to get poor credit auto loans. I explained my situation and was granted my loan. As I expected the interest rate for my loan was 19%, but I had my car.<br /> <br /> Something I wish I knew that could have saved me some explaining is I could have put that explanation in my credit report in 100 words or less.<br /> <br /> Make payments on time, pay accounts down, be responsible financially, get referrals and be prepared to explain credit problems and you can get your poor credit auto loan.</p> <br /><br /><b>Author Resource:-></b> After losing his job, his car, and his home, Alex Nebwalz didnt give up. He fought hard to regain his life and his credit. Now, after 2 1/2 years he has repositioned himself and writes about it at his blog<a href=http://www.cleaningupcredit.net>cleaningupcredit.net</a>where he writes about how you can <a href=http://cleaningupcredit.net/improve-credit-report>improve credit report</a>, get mortgage loans for bad credit, the poor credit auto loan and how to clear bad credit.<br /><br /><b>Article From</b> <a href='http://www.articleonlinedirectory.com/'>Article Directory Online : Free Online Article Submission - Articleonlinedirectory</a><br /></body></html>
