Getting a Car Loan and Having Bad Credit
Here at Right Turn Auto Credit, we understand how challenging it can be to get a car loan with bad credit. Unfortunately, many people spend months trying to find an auto finance company who can get them approved for a car loan. But these companies simply don’t cater to those with bad credit.
Here at Right Turn Auto Credit, we are the opposite. We have partnered with banks who offer financing options for bad credit, making it possible for you to get approved even if you’ve been declined in the past. We’ll see to it that you get approved for a vehicle that fits your budget.
Why do we use this approach? It allows you to start drive a vehicle and carry out your daily routine as soon as possible, but it also gives you a chance to rebuild your credit. As you know, you improve your score by having a mix of different credit types. However, it’s difficult to get approved for a loan (or type of credit) in the first place if you have a poor credit score. It is a catch-22.
Fortunately, we make it possible to workaround that challenge with our bad credit car loans. This means you not only get to drive your car, but you also get the chance to improve your credit score by making payments toward your loan. If you make these payments on time and consistently, your score will gradually improve. Best of all, you will qualify for lower rates and can refinance your loan to pay these lower rates. This usually happens within 12 - 18 months.
It’s as simple as this:
- 1. You contact us
- 2. We get back to you and fill out your information
- 3. We approve you for your auto loan
It’s not unusual for loan approvals to happen within the same day of the initial contact!
We also make the loan approval process easier by providing options for people with very challenged credit. There are limitations in terms of whom banks will approve - this depends on one’s score. But if you have a very low credit score (or no credit at all), then you can rely on a co-signer who has a good score.
Ultimately, our goal is not just to get you a car, but to put you on the road to better credit. Although a car loan is just one tool among others to help you reach that goal, it can be a game changer for your credit score.
By working with Right Turn Auto Credit, you’ll give yourself the chance to drive an affordable and reliable vehicle that suits your needs. You will also give yourself the chance to improve your finances right from the driver’s seat!