You are about to get a car but because of your bad credit rating the lending company will not even entertain you. You just forgot to pay the bill of your membership to a porn website for a day and now you have bad credit rating. Now because of your stupid mistake, you're credit rating has just fallen one point shy of the good ones.

Another reason why people have a hard time getting loans is that they don't have credit records yet. A teenager who really wants to get a car on a loan is having a hard time because he doesn't have any records that will make him prove he or she's a good client. All he has on his or her good name is the good moral conduct given to him or her by a teacher.

When this happens, the best people to ask for help are your family or friends. So you always better remember to be very good to your friends or family members. It would seem really bad that you're only good to them because you need something. They might even take advantage of you and make you do bad stuff just to give you that loan.

If you start to get a loan from friends or family members, you must still try to approach it in a serious business like manner. This will make them have that feeling that you are very serious about getting that car and repaying them.

Try to put something as collateral like your jewelry or stuff that has value. Your underwear could not be used as collateral. Next try to put up a loan agreement, so that you may be able to have all the terms of your agreement in fine print. This will help prevent either one saying all of a sudden that he remembers otherwise of the terms of the contract. Put the agreed payment schedule and interest you will be paying in the contract.

If you are having problems to get the down payment only, then only ask help for the down payment only. If no one really wants to lend you money, try to be creative, sell some stuff or work more to get the money you need.

If the company doesn't want to lend you anything because of your bad credit history or have none, have someone who has great credit history sign for it. Just make sure that you pay the person who signed the loan because it might damage his or her good credit history that he or she built when you don't pay him or her.

Another great way to solve your problems is to scrounge down the very bottom of the barrel. Try to find a friend of a friend of a friend that has a very good reputation with the dealer and build you up.