How Can I Get Car Financing with a Bad Credit Score?

Many Fort Walton Beach drivers are unaware of bad credit car loans and what that could mean if they’re in a situation where their credit isn’t where it should be. At Sandy Sansing Chevrolet, Inc. in Pensacola, we get asked, “How can I get car financing with a bad credit score?” The answer is in our guide down below! Our finance team has a guide to learn more about bad credit car loans and how to finance with poor credit. Read on to learn more about bad credit car loan financing.

How Can I Finance a Car with Bad Credit?

Curious about how bad credit car loans work? At Sandy Sansing Chevrolet, Inc., we work to ensure all Milton area drivers experience an easy finance process whenever they shop with us. When it comes to securing a bad credit car loan, you’ll want to first apply for financing online for pre-approval then our finance team will work with you on a payment plan!

How Can I Secure a Bad Credit Car Loan?

If you’re looking to take out a bad credit car loan, here are just a few steps to take to ensure you’re making the best financial decision for yourself:

• Determine how much you can afford to pay. The amount should include more than just what you can afford to borrow. Think through all your expenses such as car insurance, maintenance costs, gas, and annual registration fees.
• Make a bigger down payment if possible. If you have poor credit, the easiest way to help yourself is making a larger down payment on the %%di_make%% you’re hoping to buy. You’ll have a smaller loan with less interest.
• Try to clean up your credit report before applying for a loan. Dispute any errors in your credit report prior to applying for any loan. Pay down any outstanding debts as well.
• Be honest about what kind of car you should buy. Be sure you’re shopping for a vehicle you can afford each month and take care of for a few years.
• Shop around with lenders. Have options! The first lender might not be your only lender, be sure to compare rates to see who will approve you around Crestview.

Finance a Car with Bad Credit at Sandy Sansing Chevrolet, Inc.!

If you’re ready to finance your next vehicle, do not hesitate to contact us! If you’re thinking about trading in, value your trade before you make a trip to us.