You are really looking to buying a car, only to be turned down by the lenders you had counted on to give offer you an auto loan. But you can still go on, do a bit of shopping at your neighborhood and buy a car from an auto dealer there, especially if you have a few savings with you. This may not be the best choice, or the ultimate solution, but it will get you a car anyway.

And what happens if you don’t have any traditional credit history, or not enough to calculate a credit score (referred to in the biz as a “thin file”)?