Buying a car can be an exciting step. Financing a car…well…that’s 
another story. Many folks find themselves in a less-than-fortunate situation with their credit. Thankfully, that doesn’t mean that a newer car is out of reach. In fact, it’s entirely possible to get approved for financing, even with bad credit. Buying a car with bad credit happens all the time.
Dealerships make money off of financing. That’s a fact. The more buyers they can get approved to finance, the more their profits grow. Many times dealerships will do whatever is necessary to get you approved, despite past negative history. They may not be able to approve you for the best rates or the highest loans, but that’s not to say that they won’t try.
Another option for folks with bad credit history is to have lower monthly payments by extending the loan terms. While this isn’t always the best option, this can be helpful for those who need help budgeting and getting their credit back up. As long as you pay your monthly payment, you’ll help your credit. In the end, you’ll pay a little more because of the term length, but it’s a win for your credit score if the payments are made.
Car buying with bad credit is possible. Just remember, you’re not alone in it. People with poor credit histories purchase great cars every day.
If you have bad credit and want to get approved, we’ll do our best to help you out!
