If you’ve got poor credit and need a car loan, I feel your pain. I was there once. Actually, more than once. My experience in the car business was a big help and I’m going to pass on some useful information that you can use, too.

One important point that you have to keep in mind is that car dealerships are only a middleman when it comes to loans. They simply take your credit application along with the information about the car you are wanting to buy and fax it to a lender.

That’s it.

So, when a dealer turns you down because of poor credit, it’s only because the lender that the dealer works with, declined you. It absolutely does not mean that there aren’t other lenders ready and willing to give you the car loan that you need at an interest rate that you can afford. If you want lower payments, lower interest rates and if you want to eliminate the need for a down payment, you need to be looking online.

Why online?

That’s where the lenders are. There are thousands of lenders all across this country and every one of them has different standards and credit requirements for car loans. What this means for you, is that getting approved with the terms that you want and need is simply a matter of finding the right lender.

The easiest way to find a lender that will offer you a no money down bad credit car loan is to use a website that has all of the information you need. This allows you to compare offers from multiple companies and to see what each lender requires.

Enter your ZIP code and household monthly income at http://www.MyCreditTree.Net/ and see if there is a lender that will approve you for a no money down car loan. You can also apply at http://www.FundMyVehicle.Net/ and get approved in 45 seconds.

Christopher Love is a Platinum Level Author with over 50 published articles relating to bad credit auto financing.