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	<title>Comments on: Bad Credit Refinanced Auto Loan</title>
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		<title>By: emma ryder</title>
		<link>http://www.one38.org/200805/bad-credit-refinanced-auto-loan/comment-page-1/#comment-1432</link>
		<dc:creator>emma ryder</dc:creator>
		<pubDate>Sat, 28 Feb 2009 09:09:53 +0000</pubDate>
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		<description>i need, desperately, to refinance my car and have been having some difficulty in finding someone to do it. I have poor credit and it hasn&#039;t changed much but my car payments are always on time and are debited directly from my banking account which I had set up to insure they were on time. However, I accepted a payment I knew at that moment would be a strain on my income. I needed a car though so this was an unavoidable agreement. The problem is that I was given this great chance for a car loan through GMAC but can&#039;t seem to get it refinanced and I don&#039;t understand why they turn me down based on my credit report which is the same as it was when GMAC approved me. They also advertise bad credit refinancing but I find it to be false advertising if I can&#039;t get the approval to make positive changes to my financial situation and thereby improve my credit by getting a lower car payment. Why do these companies say they can help regardless of your credit (past or present) and then still not approve a persons application</description>
		<content:encoded><![CDATA[<p>i need, desperately, to refinance my car and have been having some difficulty in finding someone to do it. I have poor credit and it hasn&#8217;t changed much but my car payments are always on time and are debited directly from my banking account which I had set up to insure they were on time. However, I accepted a payment I knew at that moment would be a strain on my income. I needed a car though so this was an unavoidable agreement. The problem is that I was given this great chance for a car loan through GMAC but can&#8217;t seem to get it refinanced and I don&#8217;t understand why they turn me down based on my credit report which is the same as it was when GMAC approved me. They also advertise bad credit refinancing but I find it to be false advertising if I can&#8217;t get the approval to make positive changes to my financial situation and thereby improve my credit by getting a lower car payment. Why do these companies say they can help regardless of your credit (past or present) and then still not approve a persons application</p>
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