Ads for auto loan modification scams are ALL over the Internet. These auto loan modification companies promise to negotiate with lenders to get customers lower car payments — for a upfront fee.

Consumer advocates and government regulators say most auto loan modifiers promising lower car payments will take your money and provide little or nothing in return. Consumer complaints about auto loan modification companies are increasing nationwide.

In June, Florida’s attorney general shut down Auto Relief Group, a south Florida auto loan modification company that has an F rating with Better Business Bureau.  Read the rest of this entry »

Bad Credit Car Loans for New or Used Cars

Web2Carz Review

Rating:  4.5 / 5 stars

One of our top recommendations for new and used bad credit car loan quotes is now Web2Carz, a relatively new company that features an online portal chock-full of useful information about everything and anything related to buying and financing a car purchase.

• The company claims to approve more than 99% of applicants which is an astoundingly high rate of approval.
• Large network of participating car dealers that gives consumers access to new cars, used car dealers, buy here pay here lots (be careful) and rent-to-own car programs.
• Some of the participating dealers work with individuals who have filed for bankruptcy
• Nationwide service

Summary:

Web2Carz connects consumers regardless of credit with car dealerships that offer auto financing. Web2Carz’s philosophy is that the best option for a customer with bad credit is to work directly with the car dealership.  They have developed a nationwide network of dealers who offer auto financing regardless of credit, making this one of the easiest ways to shop around for a bad credit car loan without having to leave your home.

My favorite aspect of the system is that they bring the dealers to YOU.  If you are looking for a loan quoting system that will allow you to purchase a car direct from an individual this is not the service for you.

This means that you will get a far better deal than if you were to pull out the yellow pages and start calling dealer by dealer. When car dealers are forced to compete for your business, you are guaranteed to get a much better deal and save money. This is why I highly recommend you try online quoting systems before you visit any dealer.

All you have to do is submit one short car loan application and Web2Carz will take care of sending that application to every dealership in your area that can offer you a loan.  Web2Carz claims to approve more than 99% of applications.  Do let us know your experience. We value your feedback!

It’s fast, easy, and best of all its free.  Oh and there is no obligation. If you are not satisfied with the offers you get, you can just walk away which you should always do if you are not happy or comfortable with any financing offer.

PS – We are looking to hear from customers who have used this service to purchase a car. Please do contact us to share your car buying experience!

Preview of what the Barnone site used to look like. Not sure what's up, but the site is currently down.

Barnone (1-800-Barnone begin_of_the_skype_highlighting              1-800-Barnone      end_of_the_skype_highlighting) is a car loan company that is probably best known thanks to the success of the popular sock puppet TV commercials. The company has been around for a number of years now and has built a reputation for itself as a legitimate provider of sub-prime auto financing in the United States.

Unfortunately, the consumer reviews are mixed.  The credit guidelines are apparently a little more rigid than they would seem considering the commercials.  For example, individuals with bankruptcy are not approved for a car loan pre-approval with Barnone. So if you have filed for bankruptcy and it has not been discharged, look elsewhere for a car loan.   Another problem, at the present moment, the site appears to be down! Let’s hope this is a temporary issue.

If you have filed for bankruptcy or have serious concerns about your credit,  below are a some bad credit car loan websites you suggest you try.

Recommended Bad Credit Car Loan Quote Sites:

1. Auto Loan Bailout
2. Auto Loan ATM
3. MyCreditTree
4. EZAutoLending.com

Read the rest of this entry »

Our editors have searched hi and low for the very best source of bad credit auto loans in all 50 states and have found what we believe to be today’s best.

You too can get financed for a car loan regardless of your credit history, bankruptcy, divorce or any other negative credit rating.