Credit Qualification for Auto Loans

If you have been applying for auto loans STOP, you are only hurting your chances. Allow us to do the work for you. Our bad credit auto loan network is the largest anywhere with over 1500 auto loan lenders and bad credit auto dealers.

You must make at least $2000 a month that can be verified.

You must be at least 18 years old and a U.S. resident.

Bankruptcy is OK if:

Chapter 7 Bankruptcy: if you have your discharge letter.

Chapter 13 Bankruptcy: more difficult and need a permission letter from trustee.

Self Employed OK: if you are a sole proprietor you must have 3 years tax returns with Schedule C forms.

Auto Loan Limitations:

We can’t help with auto title loans or refinancing of your auto loan

Private party purchases are not available for bad credit auto loans

Both new and used car loans can be approved with our bad credit auto loan program.

Are the interest rates on these auto loans really high?

No the auto loan lenders that participate in this program guarantee low rates for bad credit.

Is everyone really accepted?

Absolutely 100% of the bad credit auto loan applications are accepted. It doesn’t matter if you have bad credit, bankruptcy or a low credit score you can still get approved for an auto loan. Be realistic in your expectations. Don’t think you can get approved for a $40,000 car loan because it would put your car payment way beyond your reach. Most auto loans are approved between $10,000 and $25,000 which are manageable for your monthly payments even though you might have to finance up to 72 months.

How long is auto loan approval process?

For most bad credit customers the process is less than 24 hours but in the most difficult situations it could take longer. The bad credit auto loan lenders have to do things like verify your employment and income before they can determine how much of an auto loan they can qualify you for. Be patient as it’s very detailed work. The best thing you can do is not to keep applying because it drives down your credit score which will ultimately cost your more money. You have the best qualified experts in bad credit auto loans working for you.

You can see the process is pretty easy and fast so it’s time to get approved for your auto loan. Click below and get them working on your new auto loan.

4 Simple Steps to an Auto Loan
Step 1:
Complete the online auto loan application, it takes about 2 minutes..
Step 2:
The instant we receive your bad credit auto loan application, our auto loan lenders begin processing for the fastest approval.
Step 3:
A bad credit auto loans expert will call with the details for you new or used car loan.
Step 4:
Finalize the loan documents at the auto loan center for your new or used car loan and drive home, Congratulations!!