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If your student loan is currently in default, you will not likely qualify for a car loan. When the car lender checks your credit, the lender will see that you are facing default on a previous debt. The terms of this default are not yet known. This could affect your ability to repay the car debt, and the new lender will be very wary of extending you a loan as a result.

First, resolve your current default either by negotiating a plan with the lender or using a court to mediate the loan. Once you have handled this issue, . The content on this site is provided for informational purposes only and is not legal or professional advice. Advertised rates on this site are provided by the third party advertiser and not by us.
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Borrowers and ethical lenders are frustrated with the current state of lending. Borrowers often enter the loan transaction with trepidation because they have heard about or experienced questionable business practices such as "bait and switch", hidden fees and last minute surprises.

Ethical lenders are frustrated because unethical lenders are creating a marketplace where it is hard to compete and borrowers are unable to tell the difference between honest and dishonest brokers in advance.
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