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bicboi · 12-13-2014, 12:13 PM

I know this may be better off in the finance and business forum, but it applies mainly to automobiles so here it goes.

Basically I couldn't get re-financed on a vehicle because of my short credit history (1 year) and 1 missed payment. I was wondering if anyone has had experience with subprime financing (15-20% interest) on a vehicle. Regrets? Issues? Suggestions?

A co-signer is not an option right now and I am getting the car at wholesale cost, so that's why I am even considering this.

12-13-2014, 12:13 PM	#1
bicboi Everyone wants a piece of R S... Join Date: Oct 2011 Location: Above&Beyond Posts: 357 Thanked 1,127 Times in 134 Posts Failed 270 Times in 37 Posts	Subprime Automotive Financing I know this may be better off in the finance and business forum, but it applies mainly to automobiles so here it goes. Basically I couldn't get re-financed on a vehicle because of my short credit history (1 year) and 1 missed payment. I was wondering if anyone has had experience with subprime financing (15-20% interest) on a vehicle. Regrets? Issues? Suggestions? A co-signer is not an option right now and I am getting the car at wholesale cost, so that's why I am even considering this. Last edited by bicboi; 12-13-2014 at 12:19 PM.