Get Guaranteed Bad Credit Car Loans

July 7, 2010 - PRLog -- It is for a long time now that you have been chasing that dream car but all in vain! You haven’t been able to get it to your possession because of your poor credit score, isn’t that so? However, don’t worry because it is to their knowledge - of economic crisis - that lenders now offer bad credit car loans (http://www.unitedcarloan.com) to help you purchase that car.

The lenders can either buy the vehicle for you, or give you the money so that you can do the purchasing by yourself. With bad credit auto loans, you can either choose to buy a second hand vehicle or a brand new one. Thus, you are required to have the model of your desired vehicle in mind when making these applications.

Talking of applications, there are primarily two types of lenders that you can consider. There is the subprime type of lenders who require much and detailed information from their applicants before lending, unlike the hard money lenders who require very minimal information. Flipping the script, bad credit car loans (http://www.unitedcarloan.com) from the subprime lenders is usually accompanied by a low interest rate unlike the one from the hard money lenders which is extremely higher.

Both lenders have so many packages and you are just required to side with one of your choice. Keep in mind that bad credit car loans are meant for people who don’t have immediate cash for the price tagged on the vehicle, but  are of course willing to borrow the money and pay it back later adhering to the terms and conditions. You can make your applications via the net, which is the simpler and easier way - or physically choose to visit the lenders. The loans has turned the dreams of so many into a reality and so, why not you?