As an individual who has bad credits, it is very essential that you should be knowledgeable on how to structure your auto loan application so that it is granted speedy approval by the lender.The dealer charges you a very high interest rate APR (much higher interest rate than you should have paid), and lies to you about the bank “requiring you” to buy the extended warranty, the credit life insurance, the glass VIN etching, and probably lies to you about your credit score, telling you it’s lower than it really is. Or maybe with your credit so low you were rejected, so the dealer tricked you into a co-sign auto loan but tricked your co-signer into being the borrower with a little sleight of hand during paper signing.
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