If you currently have a credit score of less than 600, or you do not have any previous car loans, then the worst thing you can do is to submit multiple auto loan applications that wil inevitably be rejected. This will drop your credit score even lower and put you in a worse situation than before. A solution to this problem is to use a company like Auto Credit Express, who work with many lenders and they are experienced in working with people looking for bad credit car loans.
Even if you have suffered from bankruptcy in the past, they can often find you an auto loan with one of several high risk lenders, at a more competitive rate than you could possibly find on your own. If your credit score is between 550 and 600, as long as you have full time employment bringing in a minimum of $1,500 monthly, then Auto Credit Express, or some of the other bad credit auto agencies should be able to find you a competitive deal for your circumstances. If your credit score is lower than 550 however, you should forget about applying for a car loan right now and work on improving your credit score first.
