Social Question

Bizman290's avatar

Where can I get approved for car financing on disability?

Asked by Bizman290 (24points) August 31st, 2020

I make $803 per month and have poor credit. My FICO score from Experian was 589 last I checked. I now have a late payment on my credit card and I used and exceeded the credit limit of $200. How this is possible I don’t know. I also have a late payment on the Laptop I bought on credit from Aaron’s because it was stolen. I need a car and I know there are places that help people with government income. I don’t care about location or interest rate I just need options.

Observing members: 0 Composing members: 0

4 Answers

Tropical_Willie's avatar

Quick calculation you can afford a $2900 car to be paid for over 5 years ! Gas and maintenance will kill you.

Use public transportation buses and trains.

KNOWITALL's avatar

Get a family member with great credit to cosign.

chyna's avatar

Because you have such bad credit, even if you find a place that will give you a loan, the interest rate will be very high and that will continue to get you in financial trouble. I would take public transportation for now. I would not use a family member for their credit and drag them down too if you miss a payment.

Darth_Algar's avatar

Send the laptop back to Aaron’s, those rent-to-own places are a rip off and you end up paying several times the retail value of the item. Take a couple of those payments you would have given to Aaron’s and buy a new laptop outright. Then after that, the money you would have been giving to Aaron’s can go towards the car payment.

Answer this question

Login

or

Join

to answer.
Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
or
Knowledge Networking @ Fluther