How to Get a Car Loan With a Bad Credit Score

For car buyers with a history of bad credit, car loans can sometimes feel like a pipe dream. The truth is that you do have options-as long as you know where to look! Working directly with your dealership, rather than applying for a loan with a bank or credit union in the Warner Robins area, may boost your chances of being approved. Find out how to get a car loan with bad credit in this guide before exploring your financing options with Five Star Lincoln Warner Robins.

Have Bad Credit? Car Loan Approval is Easier With In-house Financing!

If you're wondering how to get a car with bad credit near Macon or Dublin, you may need to change your approach. Many buyers assume that banks and other financial institutions are the only option for auto loans, but did you know what many auto dealerships offer in-house or "buy here pay here" financing? 

When you work with your dealership, you fill out just one financing application, which your dealer then sends to multiple lenders in your area on your behalf. At Five Star Lincoln Warner Robins, we've spent years building relationships with local lenders, which helps us secure the best available rates for our customers. And when you have the support of your dealership, lenders are more willing to engage with bad credit car loans.

 What You Should Know About Bad Credit Car Loans

Still worried that a low credit score could stand between you and your next vehicle? Follow these tips for how to get a car loan with bad credit:

• Set a budget that accurately reflects what you can afford to pay. Rember to factor in down payment, fuel costs, maintenance, and repairs.
• A largerdown payment looks great to lenders, especially if you're looking for bad credit car loans. Upgrading from another vehicle? Your current car's trade-in value can help cover your down payment.

How to Get a Car Loan with Bad Credit: Raise Your Credit Score

There are lots of ways to improve your credit score before you apply for financing, and gaining a few points is easier than you might think. You may not be able to raise your credit score by 100 points in a few months, but you might be able to boost it by 10 or 20. Any amount helps! If you can, pay off older debts or any debts that have gone to collections. It's also a good idea to go through your credit report to see if an error may be dragging down your score.

Yes, You Can Get a Car Loan With Bad Credit in Warner Robins!

Our team of auto finance professionals is here to help you secure financing for your next vehicle, even with a low credit score. Use our online tools to estimate your credit and work your deal from home today.