NEED a car loan but I have outstanding collections...and no score

ok people. I need help. I NEED a car loan but I have outstanding collections...and no score.  I am in the worst possible situation.  My car completely went and I can't really afford to fix it.  I am trying to work on my credit, just recently got a secured card and am working on paying off 10 remaining collections. (all small - total of about $4k) So I wasn't planning on applying for a car loan right now, but I figure IF i can get one it will only help my credit.   Problem is I stopped using credit about 5 years ago and was advised that I have NO SCORE.  (the secured card is only one month old, don't think it's reporting yet) DOES ANYONE KNOW OF A BANK THAT WOULD GIVE A CAR LOAN WITH THE NO SCORE/COLLECTION COMBO I HAVE GOING ON? Thanks, I appreciate it!  I'm in a crunch as I have a rental car and just really need to figure something out.

SueNami wrote:
WELLLL... I 'could' get a junker... but my biggest issue is that my commute is 43 miles one way and that doesn't count dropping my kid at daycare.  All in all I'm on the road about 2 1/2 hours per day and I'm just terrified of another car letting me sit.   I know there's no guarantee with any car... but IF someone here knew of a place that would give a loan and I could get a reliable vehicle I'd feel much better about it.  I'd prefer NOT to do the buy here pay here cause the prices of the cars are rediculous. If I can buy a car at value but pay 20% now, I'd do that because in 6 months to a year I can refinance an appropriate value (maybe a couple more bucks down) and then have a decent thing going. Give exeter finance a call and see if they can do anything. I got financed through them last year with ~ 500 scores. The interest is horrible at 18.99%,  but at 36 months the payments were not too bad. I'm also planning on doing a refi (or maybe a trade-in) once my scores improve.Explain the situation with your scores, maybe they can get an auto enhanced score generated from your history.

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