If you have a job and are not in bankruptcy, we can almost guarantee to find you a lender.
To qualify for one of our auto loans, you need a gross monthly income of at least $1,800, you must not have had a vehicle reposessed in the last 12 months, and you must not currently be in bankruptcy proceedings. You must be a U.S. resident over 18 years of age.
We do not offer auto loans for private sales between individuals, we do not offer title loans, and we do not handle refinancing loans. We work exclusively through our nationwide dealer network and our Car Loans cover both new and used vehicles.
Here's the bottom line: Forty-three percent of all car loans are held by people with less than prime credit, so you are not alone. In fact, dealers like customers with dinged credit, and here's why.
Survey after survey has shown that poor credit history auto loan customers are grateful for the opportunity and therefore quite appreciative and loyal. That's important for a car dealer because they spend, on average, $500 per car when it comes to marketing. When you refer a friend to the dealership, or when you return to buy a second car, that's gold to a dealer, instant higher profits. And in today's hyper-competitive marketplace, that's huge.