Beating Bad Credit

Low credit scores are tough to deal with, but they don’t have to ruin your life or keep you from being successful. Bad credit car loans are available for people like you who need a vehicle to improve their lives and advance their careers. However, as with all financial products, there’s a lot of variation in the types and terms of car loans you can be approved for as a person with bad credit.

Time

The amount of time you have to pay back your loan affects both the size of the payments and the number you’ll have to make. If you have experienced being overwhelmed by monthly payments in the past, you might be tempted to go for a loan with a long term. It’s generally a good idea to think twice about how much you can really afford to pay per month, and select the highest amount you think is reasonable. That’s because car loans for bad credit usually have higher interest, so the faster you pay it off the cheaper it is for you.

Money Down

The down payment will also affect the number of payments you have to make. Putting the maximum you can afford down will save you a lot of money in the long run, so don’t be afraid to write that big check.

Good Information

You might be surprised what you can accomplish when you partner with a dealership like us that wants to get you out on the road in a car you can afford. The trick is to get the right price so that a financial officer sees a car that will hold its value through the entire term of the loan. It’s no problem to advise you on what will work best for you financially, but only if you remember to bring along all the most recent financial documents you have so everybody can see the big picture.