Finance a Car With Bad Credit

November 17th, 2022 by

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When you have bad credit, it can be tough to find a lender who will finance a car for you. However, there are ways to get around this. In this article, we will discuss some of the best options for financing a car when you have bad credit. We will also provide tips for improving your credit score so that you can get approved for a loan in the future. So, whether you are buying your first car or your tenth, read on for advice on how to finance a car with bad credit.

Types of Loans for Bad Credit Car Shoppers

There are two main types of loans available for bad credit car shoppers: subprime auto loans and buy here pay here (BHPH) financing. Subprime auto loans are offered by special finance dealerships that work with lenders who accept applications from borrowers with challenged credit. BHPH dealerships, on the other hand, are in-house lenders that typically don’t report loan information to the credit bureaus, so these types of loans won’t help you improve your credit score.

Getting a Loan Pre-Approval

The best way to finance a car with bad credit is to get pre-approved for a loan at the dealership. That way, you’ll know exactly how much money you have to work with and you won’t be tempted to overspend. Getting pre-approved is quick and easy; simply fill out our online loan application form and we’ll get in touch with you to discuss your options.

Bad Credit Auto Loans at Speedcraft Nissan

At Speedcraft Nissan, we specialize in helping people with bad credit finance the cars they need. We understand that life happens and sometimes people end up with less-than-perfect credit as a result. That’s why we work with a network of lenders who are willing to work with borrowers in all types of financial situations.

To learn more about your financing options or to get pre-approved for a loan, contact us today or apply online now!

Financing a car with bad credit might seem like an impossible task, but it doesn’t have to be. There are plenty of options available to you, including subprime auto loans and buy here pay here financing. The best way to finance a car with bad credit is to get pre-approved for a loan at the dealership so you know exactly how much money you have to work with. At Speedcraft Nissan, we specialize in helping people with bad credit finance the cars they need.

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