Bad Credit Auto Loans are More Available, But Still Pricey

Bad credit auto loans seem to be making a comeback. They all but dried up during the economic crisis that started in 2008. But now, more lenders are willing to offer financing to borrowers with shaky credit. This is based on a recent market analysis conducted by Experian Automotive. Of course, these borrowers will pay for the ‘privilege’ of getting a loan, in the form of higher interest charges.