What kind on interest rate on auto loan with bad credit?
I have poor credit, due to some severe health problems which caused me to miss work and incur medical expenses 6 years ago (which were then sent to collections). At this point, I have everything shown as paid or settled. I finally qualified for my first credit card in 6 years. It's high interest, with a $39 annual fee, but it's unsecured at least.
My problem is that I need a car now. My current car has severe electrical issues that even the dealership can't fix. It only has 156k miles on it, so I thought I could continue saving until the bad accounts dropped off my credit report. I was hoping to use the credit card to restore credit. However, I need a car NOW. I have $3,000 to put down on a car, and a credit score of 629. What kind of interest rate can I get through a Honda dealership? What kind of interest rate through my credit union? How do I rate shop without taking a severe hit to my credit score?