Easier To Lease Or Buy With Bad Credit | HOT |

If you must get a car right now and your credit is less than stellar, use these strategies to tip the scales in your favor:

: The market for bad-credit auto loans is massive. "Buy Here, Pay Here" dealerships and specialized subprime lenders cater specifically to buyers with low credit scores or past bankruptcies. easier to lease or buy with bad credit

While many people assume that leasing is easier because of the lower monthly payments, leasing actually carries a much higher risk for dealerships and finance companies. If you must get a car right now

: Bring recent pay stubs and bank statements to prove that even though your past credit is poor, you have the consistent cash flow to make the payments today. : Bring recent pay stubs and bank statements

: Having someone with good credit sign the loan or lease with you dramatically increases your chances of approval and lowers your interest rate.