If you want to buy a new car but your credit isn't stellar, then know this: there are ways you can get bad credit car financing either at a car dealership or via a different lender. Some car dealerships do in-house loans while others have bad credit customers go through different loan outlets to get the financing they need.

Here's the thing: just because you can get a car loan when you have bad credit doesn't mean you should. The last thing you want to do is get into more debt or take on more financial responsibility you can afford, but if you need a car you don't have much choice. Still, there are options for you if you need to get a vehicle and don't have a lot of money.

If you've got bad credit and are considering bad credit car financing, the following should get you thinking about your finances and any potential risks or benefits you can gain in going this route to get a car. If you cannot afford a car right now, you can use public transportation or try to find other ways to save money until you have enough for a down payment on a car, which can be beneficial, especially when visiting a bad credit financing dealership.

Do you have a reliable job?

If you're working full time and have the intention of staying and getting appropriate raises as you go, then you can get bad credit car financing with less risk than you might if you were working part-time or only on a temporary basis. You'll need to make regular car payments and pay higher interest rates on your car loan to get financed, and even missing one payment can set you back.

It's best to set aside a few months' worth of car payments so you can make the payments regularly even if you have a small paycheck or have unexpected financial issues come up.

Do you have all your finances accounted for?

Do you have any medical bills you're paying off or other financial obligations that take up a lot of your income? While you can get bad credit financing, you may be taking on more loan obligations than you can afford and if you miss payments, you'll not only lose your car, you'll lose whatever credit you're gaining. However, if you're in a position to get a car on top of your other debts, then getting bad credit car financing can work in your favor because regular payments actually build credit. 

Contact a company like Globul to learn more.