It was said that a person with bad credit couldn’t get a car loan. That was said in the past and now you can file for bankruptcy and repossession and still manage to get a car loan online.
There are certainly many ways for people that have poor credit to get a car loan these days. With the help of the internet its not uncommon for people to go online and pull up some good information on bad credit car loans.
Many people that will offer bad credit car loans first want to see what your credit history looks like and if you have a steady income. Those two things are the biggest factors for dealerships to finance you on a car.
They also look at your work history and make sure there aren’t any misleading traces. There are a number of other factors that come into play like your debt to income ratio. Most dealers want to make sure you can take on a new loan payment before approving you for a car loan for bad credit.
Specializing in bad credit car loans
What we specialize in is matching you with the best option dealer in your area with your credit score and monthly income. Online car shopping is easier than ever and it has become the go-to option for most car buyers over the years for no money down cars.
Don’t be surprised if you have to show your proof of income when you are applying to get a car loan they just want to see that you can make payments on the new car you’re buying. Having good credit with an auto loan will make it easier for future purchases.
Plus, no one wants to have to deal with a car loan that is just going to come back and turn into bad credit, we want to help you repair your credit for a good car loan.
Working with buy here pay here car dealerships with bad credit
We work with a lot of buy here pay here car dealerships across the country as we know it can be hard to get an auto loan with bad credit. The recommendation we have is to try and get approved at your local bank before trying an in-house financing car dealership as auto loan rates can be as high as 21% or more. Some of the states that have bad credit buy here pay here car lots are:
Buy here pay here car lots care about your financial success, that’s why they go off your current income and not of your credit score. We want to help you get flexible car payments even its with a buy here pay here car dealership.