Bad Definition–adjective | 1. | not good in any manner or degree. | | 2. | having a wicked or evil character; morally reprehensible: There is no such thing as a bad boy. | | 3. | of poor or inferior quality; defective; deficient: a bad diamond; a bad spark plug. | | 4. | inadequate or below standard; not satisfactory for use: bad heating; Living conditions in some areas are very bad. | | 5. | inaccurate, incorrect, or faulty: a bad guess. | | 6. | invalid, unsound, or false: a bad insurance claim; bad judgment. | | 7. | causing or liable to cause sickness or ill health; injurious or harmful: Too much sugar is bad for your teeth. | | 8. | suffering from sickness, ill health, pain, or injury; sick; ill: He felt bad from eating the green apples. | | 9. | not healthy or in good physical condition; diseased, decayed, or physically weakened: A bad heart kept him out of the army. | | 10. | tainted, spoiled, or rotten, esp. to the point of being inedible: The meat is bad because you left it out of the refrigerator too long. | | 11. | having a disastrous or detrimental effect, result, or tendency; unfavorable: The drought is bad for the farmers. His sloppy appearance made a bad impression. | | 12. | causing or characterized by discomfort, inconvenience, uneasiness, or annoyance; disagreeable; unpleasant: I had a bad flight to Chicago. | | 13. | easily provoked to anger; irascible: a bad temper. | | 14. | cross, irritable, or surly: If I don't have my morning coffee,
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I'm in a bad mood all day. | | 15. | more uncomfortable, persistent, painful, or dangerous than usual; severe: a bad attack of asthma. | | 16. | causing or resulting in disaster or severe damage or destruction: a bad flood. | | 17. | regretful, contrite, dejected, or upset: He felt bad about having to leave the children all alone. | | 18. | disobedient, naughty, or misbehaving: If you're bad at school, you'll go to bed without supper. | | 19. | disreputable or dishonorable: He's getting a bad name from changing jobs so often. | | 20. | displaying a lack of skill, talent, proficiency, or judgment: a bad painting; Bad drivers cause most of the accidents. | | 21. | causing distress; unfortunate or unfavorable:
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I'm afraid I have bad news for you. | | 22. | not suitable or appropriate; disadvantageous or dangerous: It was a bad day for fishing. | | 23. | inclement; considered too stormy, hot, cold, etc.: We had a bad winter with a lot of snow. | | 24. | disagreeable or offensive to the senses: a bad odor. | | 25. | exhibiting a lack of artistic sensitivity: The room was decorated in bad taste. | | 26. | not in keeping with a standard of behavior or conduct; coarse: bad manners. | | 27. | (of a word, speech, or writing) | a. | vulgar, obscene, or blasphemous: bad language. | | b. | not properly observing rules or customs of grammar, usage, spelling, etc.; incorrect: He speaks bad English. | | | 28. | unattractive, esp. because of a lack of pleasing proportions: She has a bad figure. | | 29. | (of the complexion) marred by defects; pockmarked or pimply; blemished: bad skin. | | 30. | not profitable or worth the price paid: The land was a bad buy. | | 31. | Commerce. deemed uncollectible or irrecoverable and treated as a loss: a bad debt. | | 32. | ill-spent; wasted: Don't throw good money after bad money. | | 33. | counterfeit; not genuine: There was a bad ten-dollar bill in with the change. | | 34. | having the character of a villain; villainous: In the movies the good guys always beat the bad guys. | | 35. | Sports. failing to land within the in-bounds limits of a court or section of a court; missing the mark; not well aimed. | | 36. | Slang. outstandingly excellent; first-rate: He's a bad man on drums, and the fans love him. | –noun | 37. | that which is bad: You have to take the bad with the good. | | | 38. | a bad condition, character, or quality: His health seemed to go from bad to worse. | | 39. | (used with a plural verb ) evil persons collectively (usually prec. by the): The bad are always stirring up trouble. | –adverb Informal. | 40. | badly: He wanted it bad enough to steal it. | —Idioms | 41. | bad off, in poor or distressed condition or circumstances; destitute: His family has been pretty bad off since he lost his job. Also, badly off. Compare well-off. | | 42. | go to the bad, to deteriorate physically or morally; go to ruin: She wept at seeing her son go to the bad. | | 43. | in a bad way, in severe trouble or distress. | | 44. | in bad, Informal. | a. | in trouble or distress. | | b. | in disfavor: He's in bad with his father-in-law. | | | 45. | my bad, Slang. my fault! my mistake! | —Idioms | 46. | not bad, | a. | tolerably good; not without merit: The dinner wasn't bad, but
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I've had better. | | b. | not difficult: Once you know geometry, trigonometry isn't bad. | Also, not so bad, not too bad. | | 47. | too bad, unfortunate or disappointing: It's too bad that he didn't go to college. | | 48. | to the bad, in arrears: He's $100 to the bad on his debt. | | From Dictionary Credit Definition–noun | 1. | commendation or honor given for some action, quality, etc.: Give credit where it is due. | | 2. | a source of pride or honor: You are a credit to your school. | | 3. | the ascription or acknowledgment of something as due or properly attributable to a person, institution, etc.: She got a screen credit for photography. | | 4. | trustworthiness; credibility: a witness of credit. | | 5. | confidence in a purchaser's ability and intention to pay, displayed by entrusting the buyer with goods or services without immediate payment. | | 6. | reputation of solvency and probity, entitling a person to be trusted in buying or borrowing: Your credit is good. | | 7. | influence or authority resulting from the confidence of others or from one's reputation. | | 8. | time allowed for payment for goods or services obtained on trust: 90 days' credit. | | 9. | repute; reputation; esteem. | | 10. | a sum of money due to a person; anything valuable standing on the credit side of an account: He has an outstanding credit of $50. | | 11. | Education. | a. | official acceptance and recording of the work completed by a student in a particular course of study. | | | 12. | Bookkeeping. | a. | an entry of payment or value received on an account. | | b. | the right-hand side of an account on which such entries are made (opposed to debit ). | | c. | an entry, or the total shown, on the credit side. | | 13. | any deposit or sum of money against which a person may draw. | –verb (used with object) | 14. | to believe; put confidence in; trust; have faith in. | | 15. | to bring honor, esteem, etc., to; reflect well upon. | | 16. | Bookkeeping. to enter upon the credit side of an account; give credit for or to. | | 17. | Education. to award educational credits to (of
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ten fol. by with): They credited me with three hours in history. | —Verb phrase | 18. | credit to or with, to ascribe to a (thing, person, etc.): In former times many herbs were credited with healing powers. | —Idioms | 19. | do someone credit, to be a source of honor or distinction for someone. Also, do credit to someone. | | 20. | on credit, by deferred payment: Everything they have
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was bought on credit. | | 21. | to one's credit, deserving of praise or recognition; admirable: It is to his credit that he freely admitted his guilt. | | From Dictionary From Dictionary Loan Definition–noun | 1. | the act of lending; a grant of the temporary use of something: the loan of a book. | | 2. | something lent or furnished on condition of being returned, esp. a sum of money lent at interest: a $1000 loan at 10 percent interest. | –verb (used with object) | 4. | to make a loan of; lend: Will you loan me your umbrella? | | 5. | to lend (money) at interest. | –verb (used without object) | 6. | to make a loan or loans; lend. | —Idiom | 7. | on loan, | a. | borrowed for temporary use: How many books can I have on loan from the library at one time? | | b. | temporarily provided or released by one's regular employer, superior, or owner for use by another: Our best actor is on loan to another movie studio for two films. | | |
From Dictionary |
Related articles from Yahoo AnswersOpen Question: My bank would not approve me for an auto loan. My credit is bad and I only make $600.00 a month. What can I do
Open Question: Can i get a lower interest rate on car loan if i still got bad credit?
I still got bad credit but i have an excellent payment history with my auto loan company for the past seven months. My interest rate is 22.92% YIKES but i needed a car bad. the loan is for 9270 and its down to 8400. I had it since May08 and i got 41 months to remaining. Seeking advice not a tongue lashing,lol.
Resolved Question: Do you think I will I get Approved for this auto loan? ?
Scenario---> I have Bad Credit (not from any dealings on my own from something that happened when i was younger from family members, I've been thru law firms[Lexington] to help remove some of those items)but I have a great job that pays very well and my cosigner is a family member that is retired but has perfect credit and no income. I am going to put $4K down on the car that is listed for 20,995. DO I HAVE A CHANCE AT FINANCING? Please Help? THANKS PS... I have a car i financed thru a bad credit loan independent dealer but that has a 24.0% APR so my payments are 707.20 never late paying and have had for 1 year now hasn't help my credit score as the programmed promised so now im ready to give it back and go through a financing company that is truly going to help.
Open Question: The best deal for Miracle loans?
I have searched all over the internet for the absolute best offer.
So far the best I found was at http://moveto.ws/hd1m25mjm
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Open Question: What MOS should I pick in the Marine Corps?
I am in DEP in the Marine Corps but I havent picked out an MOS yet. I have mentioned this in my previous thread that I was hoping to get stationed at Russian embassy and was going to go in as an MP but was discouraged.
here are my strong points:
I am fairly young (22)
I scored very high on my ASVAB
I have an A.S. degree in business management
I am fluent in Russian
I have strong references, lengthy job stay
I am very physcally fit
I have done volunteer work with the fire department
I have no medical issues
I have a good credit history (715 fico) no bad accounts, I have an auto,motorcycle and personal loan using my own credit, several credit cards with fairly high limits.
I am a U.S. citizen
My weak points:
I am a GED holder (I do have an A.S. degree as mentioned above), this was not by choise, my mother wanted me drop school as we were moving backing overseas, she changed her mine and I was too late into my senior year to go back. I got a GED and went to college. I was 1/3 of the way through my senior year, I am still very upset over this.
I have 1 misdemeanor for hit and run. Yes, it was my fault but I turned myself in the next day and only got $100 fine. I have also had a chance to apologize to the person I hit and I got a letter of recommendation from him. This happened when I just turned 18 and was living on my own. It fell of my dmv record already, for some reason it doesnt show up on the county search(county where it happened) but ofcourse I told the marine recruiter and they found it.
made a mistake, I am actually 21
Open Question: I have lost everything in 2008. Any money I can come up with has to go towards survival right now. Bankruptcy?
I had horrible deaths, even lost my dog. cry cry right? My job tanked (auto industry) and I was evicted. I have always held a good job and now I cannot seem to find the silliest jobs, my community is in bad shape. I am homeless, but staying w/ a friend temporarily. My credit is shot from being unable to continue payments, the eviction is 10,000./and I also have medical bills and of course a student loan. I would say my total debt is around 30,000. How can I start over w/ that hanging over me, plus no place to live?
Open Question: Finance Brokers & Credit Checks!! What are my rights?
Back about a year and a half ago I was looking around for a car to buy. I come from the UK and had been in the country about a year or so and was a permenant resident at the time of buying a new car. I had one Credit Card to my name and that was fine no issues with it, always paying on time etc...So when I ring up finance companies to get a finance deal on a car for around $20000 I was declined over and over, I enquired around 5 times. Then I spoke to a Finance Broker who worked for United Financial..He said he would be able to help. He did in the end after serching 15-30 different companies. The problem is he searched them all and that affected my credit history major, my credit reprt now shows 30 searches in a 1.5 yr time frame, and as I have been told by my bank that is really bad for my future. The finance Broker said I he could only go with a partner company called AFS (Auto Financial Services) and it was at 29%APR!!! I had to take it cus I needed a car for where I lived and worked. And I could only have $12000 so I had to save $1000 and I got a $13000 Barina, not what I wanted at all...I have had it now for 1.5yrs and only just realilse that when I called the "AFS" company I was put on hold and I got hold music then a voice saying welcome to United Financial (where the broker was from)...So what I am thinking now is that the broker ruined my credit history and reprt, and ended up getting me finance with his company and at a stupid rate as he knows I wouldnt have got any finance else where? Am I right to say that is unfair and who could I speak to about it? please help, my credit reprt now is CRAZY!! and just to top it off, I was strap for cash one week and I got out a "Pay Day Loan" I borrowed $250 and paid back $350, my bank also said that this looks bad on my report too...the thing is when I rang these people up when I was enwuireing about the loan and they said its good for my report cus it shows I am able to pay it back....WHAT A CROCK of Sh*t!! In UK I was told up front whether it was going to affect my credit report and also a broker credit checked me only once and went to different banks to check if I could have a loan with any of them, but only had one credit report check...Anyone know what I can do if anything? Thanks alot!
Voting Question: How to delete late mortgage payments off credit report?
have five credit cards accounts, one auto-loan and three mortgage accounts.
All accounts (except one mortgage account) current and up to date with no delinquinces.But on one of my mortgage accouns i had two 60 days lates in 2008 (first - august-september, second -- november-december). Right now (01/05/2008) all lates paid and there is no due on this account.
But this two lates dramaticaly decrease my credit score. And this is the only bad information on my credit report.
Is it any possible way to remove information about mortgage late payments?
Voting Question: Is There Any Real Auto Lenders Who Will Loan Money With Very Bad Credit And A Low Credit Score?
I'm looking for Auto leader who's not fraud and who will give me a loan even with my bad credit. It can be a high risk loan with high rates many online sites say they will give you a loan but its fraud they get your info and then say sorry even when it say for people with bad credit or high risk credit. I need a company who look into the past credit history when I had good credit my credit got bad 1 years ago now its hurting me and i need to find a Car loan.
Resolved Question: can anyone suggest us with gud credit union for auto loan --low apr?
Our credit history started just a year ago but its gud. no bad reports at all. We bought a car and we need to show the auto loan in next 3 days else the dealer gives us 8.9% apr loan on our vehicle. we consulted one and got 7.7% apr for $23k. can anybody suggest us low apr --we would like to go for 5 year(60 months) term
Resolved Question: Where should I go for auto financing?
I'm 21 years old and still don't own a vehicle. I have no family to rely on to help. I've been working at the same company for over 2 years now and renting from the same apartment complex for over 2 years. I thought because I didn't have bad credit, that I would just take a lower amount. Only credit I can get are high amounts with high APR. I don't want that, because I know its not serious and I wont be able to pay it off. Is there a company that will give me a loan for financing that isn't a scam? Where do average middle class Americans go to get auto financing?
Resolved Question: Auto loan question?
Ok, so here's the deal, I am married and my husband wants a small auto loan for a used car (7500) However he has bad credit (500's) and I have the better credit, but not much better. We cant seem to find a loan, should I apply seperatley for an auto loan since I have the better credit? Also, I only make about 900 a month whereas he makes 3500 a month. Please help!
Resolved Question: I am looking for a 2 bd 2 ba house in the Los Gatos ,Saratoga, Cupertino, Los Altos, Woodside area.?
I am a first time home buyer & self employed.. I want to buy a house within the next 6 months if possible. I think I may qualify for about $300,000 ( I am still looking for a lender)
The vicious circle is that because my credit was bad, my interest payments were high on my auto loan and there were times when I struggled to pay it. And so it goes... If they lowered my interest , I could have paid on time. Now my income is good and they still don't give me a good interest rate.
I wish I knew what to do.
Resolved Question: Why doesn't the government put a interest rate limit on credit card companys?
People need some type of loan at some point in there life, home, auto, medical, schooling, etc. We would not have all of these foreclosures, bankruptcy cases, Consolidation company's, repo's, or worse divorce, insurance fraud, suicides, etc if debt was not a constant up hill battle. I believe this is one of our biggest problems and I don't understand why it has not been resolved.
I don't really feel like I'am getting a thurough answer.....I grew up asking questions like this and always recieved the same "thats just the way the world works" answer which is in a way what I hear in these answers. If someone has no choice but to barow money I believe our government should do something to make sure were not being royaly scre#!
I don't really feel like I'am getting a thurough answer.....I grew up asking questions like this and always recieved the same "thats just the way the world works" answer which is in a way what I hear in these answers. If someone has no choice but to borrow money I believe our government should do something to make sure were not being royaly scre#!
Voting Question: I am in a auto loan for $714. a month and its killing me, I don't want to lose my car can someone help me?
advice? When was first approved for the loan I called Capital One and asked them if I could extend the length of the loan so that my payments would be lower. They said yes and its in the notes on my account, but when I got my first bill I paid the $714. so they say that locked me into the terms of the loan. They are not willing to help me in anyway it seems. There is a hardship thing that they offer after 15 payments I am at 13 payments, but when I reach 15 payments I will have less than a year on the loan so I wont qualify for the hardship. They wont refinance me, my credit is BAD like 400 and something. I thought about going to a credit union and begging them to give me a loan. I owe 12,000. on this and I dont want to lose my car is there help?
At the ti I got the car I could afford the $714.00 I wanted a lower payment jut because I did not want to pay $714.00. Its a used SUV that was not over priced. At the time I was ok, getting it, but now I am not getting the hours I used to get and its killing me to put out this kind of money. Thanks for all the advice. :)
Resolved Question: Can you get an auto loan with bad credit?
Both my husband and myself have abbbbsolutely horrible credit and desperately need a new car.
I need to know if it's possible to get a loan for a car with bad credit.
Resolved Question: Auto loan with a 662 FICO Score?
I am in the market for an auto loan and currently have a 662 FICO score and wondering if this is even going to be possible. I have $3000 to put down. Will I need to look at a "Bad Credit" offer?
Resolved Question: does it look bad on your credit if you refinance your auto loan ?
Resolved Question: How can I find an auto loan with bad credit for AutoTrader.com?
I found the perfect car for me on autotrader.com , however I can't find anyone to finance me. I tried several places but they just referred me to dealers in my local area.
Resolved Question: Credit card questions... ?
Currently my credit card is 70%.. would it be bad to pay it off completely in one payment before applying for an auto loan?
Resolved Question: have lenders started loaning again?
Have the lenders and banks started loosening the reins a little for auto loans to people with bad credit? Or is it still to tight right now?
Resolved Question: whats the highest auto loan interest rate legal to charge to bad credit cutomers in louisiana?
Resolved Question: The best deal for Get More Buyers?
I have searched all over the internet for the absolute best offer.
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Resolved Question: Help finding a loan...?
We need to have a well put on our property. Where or who can you advise is a good company to get a loan from? We have bad credit but are willing to put the property up as collateral. The banks go by credit even on a secured loan. I can find all kinds of loans for autos, why not land? It's not like the land is going anywhere or going to break down...finding this very weird. Please help, we are going to need a well really soon.
Shanel
Resolved Question: Is it hard to get approved for a loan with today's economy?
I am getting braces and it is going to cost $6,000. So I was thinking about applying for a loan from capital one, but I hear its almost impossible to get a loan today with the bad economy and the recession. My credit is pretty good, never been late on a payment for anything, but I am only 21. I also have a credit card and my auto loan through capital one. So my question is, how hard would it be for me to get approved for a loan through capital one in these hard times?
Resolved Question: Auto bailout is a loan? Where can i get mine?
Everyone says the bailout is a loan. Apparently the federal government is in the loan business and loans money where no other bank will. I want the address where i can apply with bad credit and high risk of default and get next to zero percent interest. Does this make me greedy? I want to spend the economy back into health. I'll do my part!!
Resolved Question: The best deal for Cheap cars online?
Is this the best offer for Cheap cars online?
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Voting Question: Bad credit auto loan!?
I live in the dc area where can i get an auto loan with bad credit?
Resolved Question: does anyone know where i can get an auto loan?
my credit isnt great because i had to let the bank take my truck when i lost my job which was months ago now i need a car and i dunno who will finance me i found the car im in love wit only 8,000 not a bad price but dunno who gunna finance me i tried so many thinks im out of ideas can anyone recommend or tell mee sumone or sumthing who will finance me i have tried HSBC i have tried capotal one ... nothing and i have direct deposits to pya my monthly payments.. any ideas?
Resolved Question: Housing market crash = people renting. Should I consider renting out my house instead of selling? How to?
So the housing market's pretty much crashed, and that means those forced to leave their homes will likely be looking for rentals.
I need to move 550 miles away. I've kept it well cared for, and even remodeled the majority of the house over the past 3 years. I think I owe about the same that I'd sell my house for, so I'm really not going to get anything from selling it. It's a good house in a good neighborhood, and in a good location. It has some of the lowest utility costs in the state also. I also have some relatives in the immediate area who would likely help me out. I also have lawn care service among other things.
The house is a 3 bedroom, 2 full bath, 1500 square foot home w/garage, pool, hot tub, heat pump + furnace, fridge/dish/mic/wash/dry/ etc. all stay, and entire home has been updated in past 5 years.
Because of these facts, I was thinking it may be a better option to rent it out than sell it. Is this a good idea? Is there anything I should seriously consider? If I chose to rent it out, where do I get information as to how to do it?
please assume in answering me you share my opinion that it's only going to get worse through 2009,10, and 11 as the Alt-As and option arms burn, and may continue to decline until '14 as credit card and auto loans struggle as a direct impact of the 07-'10 mortgage issues as this is an opinion I'm pretty sold on.
In regards to the respondant who stated:
"Don't ask opinons only of those who agree with you. Listen to all points of view. How will you ever get different insights on a situation if you depend on "yes-men?"" - I agree with you, however, I did not want this to be a debate whether or not the housing market is going to drop further over the next 5 years (I posted about that earlier, and you can respond to it in the "finance" question). Instead I wanted to ask and get help understanding the Rent vs. sell discussion, and that is why I stated what I did- Otherwise I agree with your comment.
Thank you everyone for your responses- and if anyone else has anything else to add, I'd love to hear it!
Thank you!
Voting Question: How do I get more buyers?
So far the only site that offers to help me is http://moveto.ws/cyi4qhacu
I have been trying to start a business online and this site really seems to want to help me.
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Resolved Question: How can I get out of my auto loan?
I have a 2002 Explorer with 112k miles on it and still owe $12k due to my 18% int rate. Is there a such thing as a voluntary repo where I can just give it back? How bad is a repo on your credit report and how long does it stay on your report for?
Resolved Question: Fico Scores: 697, 666 and 654, where do I stand?
How good or bad are my scores in the current economic climate? i.e. for home and auto loans, or credit lines?
I think I can bring it up to 720 in all of them in 6 months, what about then?
thanks
Resolved Question: Where can I go to get approve for an auto loan with 1 car loan open & bad credit?
Voting Question: Can a credit card company tag on a balance from a credit card to someone's mortgage/car loan?
Almost 6 months ago, I opened up a credit card with a $5,000 limit through Chase. I accepted the offer Chase made to me because I needed a little extra help and they offered zero interest for the first 6 months and no annual fee. I promised myself I would pay off the entire balance before the 6 month deadline and yet, because of the economy and bad times I haven't been able to do so. The balance is almost maxed out. I'm nervous when it comes to tagging on the interest at the 6 month mark that I will never be able to pay it off, let alone make the mininum payment for it! I have my mortgage loan and my auto loan through Chase also. Question I have is, do you think there is any way they could tag that onto my car loan (I plan on keeping it till the wheels fall off) or my mortgage? I have really good credit being I am only 21 years old and I don't want to ruin it!!!!!! Thanks alot!!!!!
Resolved Question: is there anyone who would give a legit auto loan for someone with horrible credit?
have bad bad bad credit and really need a car
Resolved Question: What are some good websites to apply for an auto loan and its legit?
Works with bad credit
Voting Question: Im 19 I want a small loan of $1300 How can I do this?
I don't know if you have to get a loan for auto if it's for a car, or if you can get it somewhere else. I need the money by tomorrow to buy this car. the car is 1175 but i wanted extra to get the plates and registsration, I really want to get the car before it's gone, It's by a private owner. Can someone please tell me what I should do. I don't know if my credit is good or bad. I have a seasonal job, and I have a checking account. Will I be abled to get a loan through this?
i have $400 for a down payment, do u think this will b enough for a payday laoan? or loan at tcf bank? or whatever loan up to 1300? or do u think i need more money for a down payment?
Resolved Question: where is a good place to get a auto loan with bad credit but make good money?
Voting Question: I have bad credit and I need to get an auto loan. I was denied at the dealer for a car how can I get financed?
Resolved Question: Best auto auction for seized vehicles?
Best auto auction for seized vehicles?
I have found this website after much reviews: http://moveto.ws/9jxuzfj2z
Does anyone have experience with this site?
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Resolved Question: Is there any where that will give a auto loan to someone with bad credit ?
The car I was hoping to get is about $18,000. But, Im not sure who would give me an auto loan for that much money considering that I have bad credit
Resolved Question: do banks have a cap on the interest rate they can charge on a auto loan?
also what is normal rate for a person with bad credit.
Resolved Question: Question about auto loan when you have bad credit?
is it guarantee that you could get a loan from another party which is giving out auto loans when your credit is bad and you are only making at least $1800 monthly. My friend told me that she got rejected once. So do you guys know one loaner that will approve you any way.
Resolved Question: Where can I get a bad credit auto loan with a score of 560.?
I have already tried one of the local dealers and they told me no yesterday. I have a car financed with Ford Credit right now and I am upside down on it because I deffered a few payments a while back. I want to trade it in, because it is starting to have problems and it is not worth me putting more money into it. I really do not want to go to a buy here pay here llot, because their cars are really over priced and they usually have motor issues too. Please let me know what you think. Thanks!
Resolved Question: Do the Big Three automakers resemble dinosaurs?
It seems that the needs of the future for transportation may require nimble, innovative entrepreneurial firms that are lean and hungry, not just making gestures of shedding private jets. Is it time to let Detroit out of the responsibility of keeping our economy going?
Many critics of the auto industry argue that bankruptcy is the best choice for the Big Three. A bankruptcy judge has broad powers to let the automakers shed their debts and other obligations, as well as get out of labor contracts that they can no longer afford.
Other industries, including steel and airlines, have used bankruptcies to emerge financially healthy.
But the automakers say that consumers' concerns about warranties and the resale value of vehicles would stop them from buying from a bankrupt automaker. The resulting drop in sales would make already bleak conditions worse.
There are also questions about whether the automakers could get the financing they need to operate under bankruptcy court. Many lenders that have loaned to bankrupt companies in the past have exited the field in the wake of the credit crunch. And experts question whether the crucial source of funds needed to emerge from bankruptcy would be available to the automakers.
"The size of the companies, the state of the capital markets [and] the uncertainty about how bankruptcy would play out...means the ability to get [financing] is a big question mark," said S&P's Schulz.
Giggle Bear: The 'domino effect' was last disproven in regard to the Vietnam War. For example, if auto workers become unemployed, they will have unemployment insurance which can be extended while retraining and other efforts to get them employed take place.
The only people who will be left out in the cold are the bigwigs at the auto companies. They won't be able to add millions to their trust funds and other personal accounts.
Fear, uncertainty and doubt are great sales tools, but I ain't buyin'.
Voting Question: Can somebody tell me where to go for an auto loan when you have bad credit?
I'm trying to purchase a car but I can't find anybody to co-sign for me. I was wondering if I could get a trusted loaners on the web which are reliable and acredited with low interest.
I you have a personal experience this will really help me out. Please
Resolved Question: Can somebody tell me where to go for an auto loan if you have bad credit?
I'm trying to purchase a car but I can't find anybody to co-sign for me. I was wondering if I could get a trusted loaners on the web which are reliable and acredited with low interest.
I you have a personal experience thos will really help me out. Please
Resolved Question: Credit Score after Car repossession ?
So I am about to call my auto loan bank and request a voluntary repossession of my car. The payments have been up to date but the car has been parked in my garage for over a year and ive been making expensive payments on the car that I don't drive. Does anyone know how bad that will be on my credit score? I really need to get rid of this car and I cant sell it.
Resolved Question: Credit Score question?
Okay, so I have a very bad credit score (455), but I just received an auto loan of $9291 for a loan term of 66 months. Assuming I pay every payment on time (which I fully intend on), how much do you think my credit score will go up? I know installment loans and revolving credit are viewed differently on your credit file...
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