While applying for car loans with bad credit, how good a deal you get depends on your credit report.

Dealers want everyone to purchase their cars. Bad credit scores and good credit scores are irrelevant to them. So apart from offering financing from a manufacturer's finance company, dealers have financing deals with banks, credit unions, finance companies, etc.

The rate you get may not be the best, but you are certain to have someone finance the loan for you. However, one should remember that dealers take a portion of the financing deals they land.

Interest rates on those with bad credit scores vary from 11 percent to over 20 percent. The solution to landing a better rate is to do some research and shop around.

Before comparing rates, make certain to get a copy of your credit report. It is wise to check that all information is up to date and accurate.  The last thing one needs is to be denied a loan because of a simple error.  The broad trend today among banks is to service customers regardless of their credit standing. Nobody wants to turn away a potential customer.  A larger bank generally has an entire department dedicated to lending to people with a blemished credit history, or they may have an association with a company that specializes in sub-prime lending.

Smaller banks are more suitable to approve loans to people with credit problems on a case-by-case basis. The more accounts one has at the bank the better the chances of getting the loan, and the same applies for credit unions.

Auto loans for people with bad credit are available.  Find out the amount of loan you qualify for what the interest rate will be. This can help you decide what kind of car you can afford.