Ultimate Finance Knowhow

Dennis E asked:


I think most car dealerships can finance anyone as long as you can show a pay stub. Is this true? Can you have defaulted student loans and tax liens and still be financed for a car?

Malcolm

Casper K asked:


Ok, this is starting to get rather confusing. I am looking to buy a home in a surprisingly cheap neighborhood. The house I am interested in purchasing is under $50,000. My credit qualifies me for a bad credit loan, but no one wants to finance for such a small amount. I am definately trying to live within my means and do not necessarily want to purchase a higher value home just because I can. Does anyone have any idea where I can finance such a house even though my credit is tarnished (but getting fixed due to multiple discrepencies)? I know there are different requirements depending on the state. My state is PA, and I am first time homebuyer.

Jeff