Car Dealers that take Bad Credit
You finally honored your check, you have a job, you give your home as collateral, and so on. A checkbook ban does not mean a credit ban . The credit ban is another separate file, the FICP, "National file of Credit Repayment Incidents for Individuals". If you are FICP, then yes, you will no longer be able to obtain credit from a banking establishment or a credit agency. The solution for you, I mentioned it earlier: ask to pay in installments for your future car to the seller.
You can do this kind of calculation, if you own your home. Banks, faced with this guarantee, will have less trouble lending you money to buy your car, the one that will allow you to find a job or best car dealers that accept bad credit go to work. I say that, because I remember someone who had commented on the site that he had already found work, but did not have the car to go there!
In his case, if the job is on a permanent contract, the mortgage option is really worth considering. But before that, I would still think about renting the car rather than mortgaging. There are very advantageous long-term rentals, which cost no more than the monthly payment of the loan. I'm not talking about Autolib ', the very popular car-sharing service in Paris: better to take the metro when you're Parisian.
Dealers are increasingly offering to rent their used vehicles. This is where you have to look, if you want a car to get work. Yes, we do not keep the car if we cannot afford it, but we will not come and get our furniture if we can no longer pay the credit. The time to find a job is probably, in my eyes, the best solution if there is a possibility of finding a job.
I would say that before thinking about credit and financing your future car, you need to lower the price of your car investment. You don't have to buy a new car to get credit, on the contrary. A company like Cofinoga, for example, offers to buy used cars on credit. There are many very good second-hand cars for fairly modest sums compared to a new car. A Toyota Yaris from the year 2000 for example, can cost 2000 euros. I did not choose Toyota by chance: these are the most resistant used cars, which will give you the least amount of repair and garage worries. But it is still possible, of course, to lower the price, there are even used cars at 500 euros. But at this price, it is above all the possible costs of repair and insurance that will have to be taken into account.
