You do not have to wait for getting your credit record repaired to buy the dream car. If you saw it and want to buy it, it is not feasible to wait lest somebody else may drive it away. It was easy if your credit score was good. Nevertheless, it is easy even if you have a terrible credit record.

All you need to do is to find an online loan merchant with some reputation. They will not assess your credit record. What they will check is your capability to repay the loan. No matter you are a student, employed, self-employed or looking for employment, you can easily get the loan. The only negative is that you may have to pay up more interest if you are going for an unsecured loan.

Once you apply for the car loan, they will check your repayment capability and suggest you a loan package that best suits you. The rejection rate is almost zero at the online loan companies. They will buy your car and hand over the keys to you. However, the ownership remains with them in case you default. To avoid this, select a good repayment package and pay off your installments on time. Once the loan is over, the car ownership is transferred to you at no extra fee.