Financing a car...
 

Do finance companies look for bad credit or the amount of outstanding credit someone has? (Or both?)

Yes, outstanding payments compared to income, and credit score.

both i think, if you have alot of outstanding credit or a bad credit score look to get denied or raped with extremely high interest rates and a large down payment.

Correct.

Plus it depends on what kind of dealer you go to, or what you are looking to buy. Used ar lots are a bit more forgiving than Honda, or some of the new car lots.

:2 cents:

both

they do an overall picture

but if you go to the dealer..they will do there best to get you approved..they want to make it work or they wont get paid

they cover their asses...

I just went by Lexus and they were offering me 7% and my score is 780. Total BS

I walk into dealerships with my own loan, although I don't tell them until the last moment.

Then when I have time I shop the loan around for the best rates. Time to do that with my latest car.