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Instead of making monthly payments to a traditional lender, you make weekly or bi-weekly payments at the dealership. Despite recent headlines about the US credit-crunch, getting car credit is easier than you think. Searching for an apt loan Like all other loans, auto loans bad credit are also available online making them accessible to a wide range of customers. This could keep you from refinancing if you later discover that you’ve entered into a contract with unreasonable loan terms. In addition to being a way to get a new car, financing the purchase through a poor credit car loan can help repair your own credit history in the process. After you've seen a few models, asked a host of car questions and possibly test driven one, the dealer will help you explore payment options. Remember that, as the interest rates are higher than a normal loan, the corresponding monthly payments will be higher also, so aim for a model of car that you can make the payments on with relative ease. High Pre-Payment Penalties Predatory lenders like to include things in their contracts that make it nearly impossible for you to refinance your loan. Then, with your monthly