Posted: 12/8/2004 6:27:01 PM EDT
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It's time to give in and buy another vehicle... I don't care if it's new, used, or only driven by a little old lady who only drove it to church on Sundays. Here's the problem; I don't have good credit or bad credit... I don't have any credit (from what I understand, no credit can be just as bad as bad credit). I never had a credit card (don't believe in them... always paid cash or check), no debts, no child support or "extra expenses", no outstanding bills, and I'd say I pay all my bills 95% on time. I'm single, 48 years old, rent an apartment and have been a public safety employee for 20 years. Am I going to be shut down/denied/turned away? Which option should I take? Dealer financing, bank loan or other lending institutions? I realize that whatever my options are, I'm going to pay a higher interest rate, but I just need to do it soon and preferably without getting shafted by paying more than I need to. |