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Auto loans are not reserved only for people with excellent credit. Although it is true that people with stellar credit are going to get a lower interest rate than people with bad credit, there is always a way to obtain financing. Borrowers with bad credit, however, can certainly expect to pay higher interest rates and to possibly provide additional documentation or even a co-borrower in order to obtain an approval. Even though these additional requirements may seem like a hassle, they make sense.
Lenders are taking a bigger risk when they extend credit to people with low credit scores, regardless of the reasoning behind the low scores. It doesn't matter if your credit score is low because you went through a messy divorce, or if it's low because you were reckless with credit in the past. Either way, you will need to accept a higher interest rate until you have built your credit back up and your score increases. Once you have proven yourself able to make consistent payments on time, it should not be difficult to obtain a lower interest rate on your next auto loan.