Frequently Asked Questions
Yes. It is possible to secure a car loan even if you have bad credit. We can help you to get approved for an auto loan at sustainable interest rates and monthly payments despite your having bad credit. That is how we differ from others!
Traditional insurers usually run credit checks on applicants and multiple inquiries at a time can have adverse impact on credit ratings. And in the worst of situations, there are chances that auto loan applications may even get rejected. However, non-conventional lenders don’t run credit checks.
The rates of interest provided to you can depend on the exact status of your credit report as well as the amount of down payment that you are willing to pay. With good credit and high down payment, you will get the lowest interest rate.
Bad credit is a result of mismanagement of personal finances and consequently, getting approved for a car loan through conventional means can be difficult. In such a situation, your best bet is to try and work with lenders that specialize in providing subprime auto loans.
The entire application process may take some time to complete. Once you fill and submit an online request, lender will review documentation supplied by you. We may enable you to navigate through the procedure quickly and also ensure that you qualify for the lowest rates.