Owning a car isn’t all its crack up to be and having bad credit won’t help but knowing what to do when you have bad credit and want to own a car new or used it will definitely help you out.
Now you will want to know the income requirements for most of the car dealers in your area of Atlanta Georgia that doesn’t take to long its just a matter of talking to a car dealership.
Most car dealerships in the area of Atlanta like to see the income level of $1,500 or more for a car loan. If you don’t have that look at getting a cosigner for a car in Atlanta they will always help with car dealerships.
Make sure you meet the requirements for an Atlanta car dealer
If you don’t meet the requirements you might want to see if you can qualify for a first time buyer program at the car dealership sometimes auto lenders can lend a hand that way. Just to let you know the interest rates for that aren’t always the best but hey if you need a car you need a car.
Another way that you can help yourself with a bad credit car loan or no credit car loan in Atlanta is by giving a good chunk of money for the down payment. This method helps you get trust from the auto lender and the car dealership.
Work out a down payment you can afford on a car
The bigger the down payment for the car in Atlanta Georgia the better chance you have of being approved for the car you want to buy.
You can always work on building your credit for a few months and see how high you can get the credit score in the next 30 days. Improving your credit score can land you with a better interest rate on a car on any car dealerships lot.
Something else you can try is a buy here pay here car dealer in Atlanta Georgia. They can be at times the best shot you have for a used car in the Atlanta area and some buy here pay here car dealers can be more flexible with down payments than banks can.
Car dealers for any car loan will tell you that income is number one and credit score is number two. Makes sense if you don’t have the income how can you pay off the auto loan?