<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: How much money would I qualify for in a car loan?</title>
	<atom:link href="http://www.currentloanrates.net/blog/car-loans/how-much-money-would-i-qualify-for-in-a-car-loan/160/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.currentloanrates.net/blog/car-loans/how-much-money-would-i-qualify-for-in-a-car-loan/160/</link>
	<description>Compare Mortgage Loan and Car Loan Rates</description>
	<lastBuildDate>Fri, 02 Jul 2010 23:23:48 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.1</generator>
	<item>
		<title>By: Bob</title>
		<link>http://www.currentloanrates.net/blog/car-loans/how-much-money-would-i-qualify-for-in-a-car-loan/160/comment-page-1/#comment-270</link>
		<dc:creator>Bob</dc:creator>
		<pubDate>Thu, 26 Mar 2009 23:20:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.currentloanrates.net/blog/car-loans/how-much-money-would-i-qualify-for-in-a-car-loan/160/#comment-270</guid>
		<description>&lt;a href=&quot;&quot;&gt;&lt;/a&gt;


I have a bankruptcy; my income is less than $2,000 month and I pay 15.45% on my car loan via.  My car with warranty, tax and title cost $16.8K and I financed $13.8K.

Carmax will work with you to get you into an appropriate car.</description>
		<content:encoded><![CDATA[<p><a href=""></a></p>
<p>I have a bankruptcy; my income is less than $2,000 month and I pay 15.45% on my car loan via.  My car with warranty, tax and title cost $16.8K and I financed $13.8K.</p>
<p>Carmax will work with you to get you into an appropriate car.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Stupid Flanders</title>
		<link>http://www.currentloanrates.net/blog/car-loans/how-much-money-would-i-qualify-for-in-a-car-loan/160/comment-page-1/#comment-269</link>
		<dc:creator>Stupid Flanders</dc:creator>
		<pubDate>Thu, 26 Mar 2009 11:35:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.currentloanrates.net/blog/car-loans/how-much-money-would-i-qualify-for-in-a-car-loan/160/#comment-269</guid>
		<description>&lt;a href=&quot;&quot;&gt;&lt;/a&gt;


If you have rent to pay and other debt, you will not be able to afford that making $24K per year.  
Even if you had good credit, you should not spend more than half of your yearly income on a car.  In your case, that would be $12K total, since you make $24K per year. 

Your interest rate will be 25% if you are lucky enough to find a loan. 
You will probably be required to have a co-signer with a credit score under 500. I don&#039;t think you could qualify for any amount.  No offense, but you can&#039;t get much worse than a 500 credit score. 

A &#039;buy here, pay here&#039; place might sell to you, but they really will rip you off, you will get a subpar car, and it doesn&#039;t help your credit.</description>
		<content:encoded><![CDATA[<p><a href=""></a></p>
<p>If you have rent to pay and other debt, you will not be able to afford that making $24K per year.<br />
Even if you had good credit, you should not spend more than half of your yearly income on a car.  In your case, that would be $12K total, since you make $24K per year. </p>
<p>Your interest rate will be 25% if you are lucky enough to find a loan.<br />
You will probably be required to have a co-signer with a credit score under 500. I don&#8217;t think you could qualify for any amount.  No offense, but you can&#8217;t get much worse than a 500 credit score. </p>
<p>A &#8216;buy here, pay here&#8217; place might sell to you, but they really will rip you off, you will get a subpar car, and it doesn&#8217;t help your credit.</p>
]]></content:encoded>
	</item>
</channel>
</rss>

