when i say closer to work, it is still 20 minutes away and there are no public transportation or carpooling options.
But you haven't even moved yet, right? Why would you get an apartment that's still a 20 minute drive from your job? Is it too late to get an apartment (with roommate, of course) within walking distance of your job? Or at least near a major transit route?
I'm sorry, but it really sounds like you're doing this to yourself. You haven't even moved yet, but you've selected an apartment that requires
you to spend money buying/registering/insuring/maintaining a car. It seems to me that an intelligent person with their back truly against the wall would have sought an apartment that obviated the need for a vehicle they clearly cannot afford.
I NEED a car and need help finding a loan of about 5 grand that i can pay back with no problem. I can pay as high as $250 a month and plan on paying it off sooner.
Zitara, I'm starting to get the sense that you're actually fishing for someone here
to lend you the money. If that's the case, I can tell you right now, you're barking up the VERY wrong tree. This is not Prosper.com.
But to answer your question, no, I don't know of any cheap loans for high-risk borrowers. It's simple market forces, supply and demand, and risk-premium. You are perceived as a high-risk borrower, so no one is going to lend you money at the same rate as they would a trustworthy borrower. That's just how it works.
I do not want to argue about semantics. I am asking for advice or an avenue in which i can obtain a $5,000 loan for a car. I have bad credit, cannot get financed through a bank, and the dealerships ive been to have fees which, before interest, is doubling the cost of the car. I do not want another buy here pay here, payday loan, shady loan or any other questionable method which will ultimately put me right back in the situation i am in now.
I absolutely agree, and I think you're right to resist such circumstances. But that leaves you with few options, such as borrowing money from a friend or relative (a bad idea, in my opinion), or, as I've been trying to say, remove the need for a vehicle. Lots of people out there seem to manage just fine in life without owning a vehicle. They're not geniuses, they've simply arranged their lives such that they don't need a vehicle. You could
do the same.