There is nothing more embarrassing then going to a dealership to purchase a new car, and being turned away because they do not have a lender who will finance someone with subprime credit. An individual with subprime credit is a person with low credit scores, however just because an individual has bad credit it does not mean that they cannot purchase a car of their choosing, they will just have to use a finance company that will write a subprime car loan.
A regular bank will not write this type of loan, you will be turned away quickly once they take a look at your credit history.…
