Bad credit can be a bummer, but don’t be bemused by the bothersome banks that may be barriers between you buying the best car for business or pleasure. Our dealership works with lenders that are often able to see past poor credit and provide bad credit car loans to people that are able to meet certain criteria. Yes, your credit may be bad, but with the addition of a cosigner or a hefty cash down payment towards the vehicle, our creditors may be able to work with you.
Even if the lending specialists at our dealership are unable to accommodate your loan, it does not mean that a different third-party lender won’t be able to do what ours could not. Different banks and lenders have different qualifications for borrowers when it comes to car loans. A poor credit history does not automatically disqualify you for approval, it all depends on the specific criteria that each lender is using to scrutinize their borrowers.
One way to bypass the loan approval process all together is by paying for the car in its entirety upfront. In this manner no loan is necessary. Depending on your specific situation however, saving the entire purchase amount for the car of your dreams may be a long and disciplined process. Another downside to this option is that it won’t help to better your credit.
Approaching lenders with good credit is one’s best bet when it comes to being approved for a car loan. You can raise your credit score by successfully accruing debt and paying it off in a responsible and timely manner. Do so by getting a credit card, a car loan, or a mortgage and paying it off in installments before the end of each billing cycle.
Come to our dealership with what ever credit score you have and we will be happy to work with you and do our utmost to help you drive away in the best car for your needs. Let us help you build up that bad score with a car loan and have you drive off with a smile on your face.