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Pros and Cons of Rent-to-Own Cars | GOBankingRates – Although some prospective car buyers have turned to bad-credit auto loans to get the vehicles they want, others have considered rent-to-own cars as an option if they are struggling to pay auto loans. Here are the pros and cons.
3 Ways to Buy a House with Bad Credit – wikiHow – Eliminate debt. When lenders examine your credit score, they pay close attention to your debt-to-income ratio. Ideally, this should be under 43%, and this includes potential mortgage payments. Eliminating existing debt is important to improving your credit score, and your chance at purchasing your own home.
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How to Understand Rent to Own Homes by Example: 7 Steps – · Attempting to rent, period, is likely to be harder if you have bad credit and a history of failing to up with your bills. Offer to pay at least 6 months rent up front to assure them you will keep up with payments. Renting to own usually involves some sort of downpayment, so, again, put down as much as you can up front as a gesture of good faith.
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