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

Finance Paperwork with Glasses
 

At Genesis Alfa Romeo in Macomb, many Clinton Township drivers are unaware of how to get a car loan with bad credit. Our finance team is here to help you learn how to get a car with bad credit. If you’re ready to discover more about financial opportunities, read on and check out our new and pre-owned vehicle specials.

 

 

How to Get a Car Loan with Bad Credit

Not sure how to get a car loan with bad credit? Well, our finance team is here to make the process as smooth and easy as possible to secure a car loan with bad credit. Start the process by applying online to get pre-approved then work with our finance experts and calculate a monthly payment to determine the best finance plan.

The Process of How to Get a Car with Bad Credit

If you’re a Sterling Heights driver who has bad credit and trying to figure out how to get a car loan, here are a few financial things to do to make getting a car loan possible with bad credit.

  • Determine how much you can afford to pay. Before you shop throughout Utica for your next vehicle, make sure you calculate all the expenses to see what you can truly afford. Things like the annual registration fees, car insurance, maintenance costs, and gas costs.
  • Make a bigger down payment if possible. By making a significant down payment, lenders will deem you more favorable as a borrower and you’ll have smaller monthly payments.
  • Try to clean up your credit report before applying for a loan. Review your credit report and clean up and pay off anything that can bring your credit score down
  • Be honest about what kind of car you should buy. Focus on financing an affordable amount rather than the dream car.
  • Shop around with lenders. Do not accept the first offer you receive, shop around to other lenders and compare the rates.

How to Get a Car with Bad Credit: Improve Your Credit Score

If you’re wondering how to get a car with bad credit, the best way is to improve your overall credit score. Make your payments online monthly and be consistent.

Finance Your Next Vehicle at Genesis Alfa Romeo

Now that you know how to get a car loan with bad credit, contact us at Genesis Alfa Romeo with any additional questions. Be sure to value your trade online before stopping by.

 

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