Susan Tompor: What it takes for risky borrowers to get a car loan | Money
Subprime borrowers may not be locked out of car loans, but they’re not getting the deals that many other car borrowers are seeing in 2020. Car loan rates, again in general, remain favorable in 2020. If you have a good…
What it takes for risky borrowers to get a car loan
Car buyers never had an easy time finding a decent car loan if their credit wasn’t up to snuff. But lately, they’re needing more money for a down payment to get into that car and they’re staring at higher rates than many would…
Risky borrowers face more hurdles getting car loans in COVID recession
CLOSE Borrowers with risky credit may face more hurdles when it comes to getting car loans after the COVID-19 recession. (Photo: Susan Tompor, Detroit Free Press) Car buyers never had an easy time finding a decent car loan if their credit wasn’t…
