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Unfortunately, Bad Credit Car Financing Usually Involves The Car Buyer Getting The Short End Of The Stick. Creditors Are Getting Very Creative, For Example There Is A New Device Being Used By Car Dealerships That Is Operated Remotely And Has Gps. Remember That An Auto Loan Is A Secured Type Of Finance In Which The Vehicle Serves As Collateral Against The Loan Amount Granted. How Car Loans For Bad Credit Work Getting Car Loans With Bad Credit Through A Bank Is Usually Quite Difficult.