With in-house financing you can get a car loan with poor credit.
Getting a car loan with poor credit might not be as hard as you think. There are many dealerships these days that will do what is known as in-house financing. This means that they will be the ones to loan you the money, which means that will be the ones to approve your loan. So, they can be less stringent than more traditional lenders, like banks and other financial intuitions.
Finding a dealership that will work with you in this capacity is as easy as making a few phone calls. Simply ask if they are able to give a car loan with poor credit and if they can you can then ask what you need to bring with you before you go in and gather up what you will need after making an appointment.
If there is a drawback to this kind of in-house financing, it is that the interest rate is likely to be on the high side. However, you will be getting a car loan with poor credit. As a plus, the financing that you do with a dealership in-house will go a long way to helping you rebuild your credit, and you will still be able to get a reliable used vehicle where you might not otherwise have been able to do so.
Find out more about getting a car loan with poor credit by calling 803-254-5278 today.