It is easy to believe the lie that bad credit car loans just do not exist. We believe you should be able to receive quality financing, regardless of how poor you consider your credit. We want to do what we can to make sure you obtain the vehicle you want and also receive low monthly payments. Here are proven ways you can get a loan without a superb score.
Be Positive About Your Score
We say this because, a lot of the time, people assume the worst and think because their credit score is not perfect, there is no way they will get the loan for their car. We not only look at this, but also at your history. This means even if it is poor, if you have a solid past you will likely get a better loan than someone with an equal score but no history. Come in with a positive attitude, knowing you do have a chance and that our goal is to do what we can to help you.
Big Down Payments Can Make All the Difference
If your credit is considered low, we advise you to have a pretty large amount of cash you can provide us as a down payment for the vehicle. When financing, this is one of the best ways to get a better interest rate. It will also help to lower your monthly payments, which can be a great thing, especially if your financial circumstances change throughout the duration of the loan.
We understand that not everyone has great credit. This is why we are willing to work with you, regardless of the situation you find yourself in. Most banks and financial institutions will likely turn you down if your results are 600 or lower, but we will do what we can to get you your dream car and excellent financing.