First of all we must understand what is bad credit before understanding the concept on how to finance with bad credit. Many people believe that it’s almost impossible to obtain finance when your credit rating is gone out of control. Well, this is not always true. In fact there are many simple ways of obtaining finance even with the bad credit but you must understand one simple thing which is Do not Assume on theories. The best advise for you is just to see your finance consultant who can advise on how to finance with bad credit. Prior to see him, take your credit score report with you. All they want to see is your current credit score and workout an alternative solution for you. Remember, there are still a lot of lenders willing to finance with bad credit and they will be charging higher interest compare to other lenders. But yet it’s not impossible to obtain this. If one lender doesn’t work well for you, then don’t give up, keep approaching all other lenders until one of them agree to put an offer based on their terms and conditions. However you must note that you cannot aggressively start approaching all lenders within a short time frame because your activity is all getting logged in credit agencies database also so you want to do that slowly over some time instead of a short time frame.