HOME • About Us • Poor Credit Auto Loans • Requirements • Online Car Loan ProcesssTo qualify for a bad credit car loan via www.car-loan.us:
• Minimum $1,800 gross monthly income
• Not currently in bankruptcy (recent discharge okay)
• No repossessions in the last 12 months
• Must be a US resident at least 18 years old
Qualifications & Restrictions:
• No refinancing loans available at this time
• No title loans available
• All vehicles must be purchased from our dealer network
• No loans available for private sales
Your Car Loan Interest Rate Will Depend Upon
• whether you are buying a new or used car
• the length of the loan
• credit history
• the amount of the downpayment.
We serve all credit levels but specialize in helping people with a bad credit history get approved for a car loan.
You can match your credit score to expected rates at www.myfico.com.
In round numbers, good credit is running 6-7 percent. Scores in the 600s are paying 8 to 10 percent. Bad credit national averages are rates at 15 to 18 or even 20 percent, depending.
Click here to see why those numbers aren't as bad as you think. In fact, you could consider it an absolute bargain considering what it'll be doing for you.
