No matter your situation, we know who can finance you.
Request financing now and streamline your buying experience.
Our network of dealers and partners have options for everyone. Whether you have good, bad, or no credit!
Our network of dealers and partners have options for everyone. Whether you have good, bad, or no credit!
Getting approved for a car loan with imperfect credit can be stressful. The good news is you don't need perfect credit to get the car you need. At Drivers Lane, we specialize in connecting car buyers with local dealerships in or near Mobile that are ready to help them get the financing they need. Get started today by filling out our free and easy auto loan request form.
It can be very hard to qualify for a car loan with no money down if you're dealing with poor credit. Some residents of Mobile may not realize it, but a down payment is there to help, not hurt their auto loan. It may be a pain to come up with a down payment, but in the long run, it'll decrease the overall cost of your loan by lowering the interest charges.
Typically, bad credit lenders require you to put down at least $1,000 or 10 percent of the vehicle's selling price, whichever is less. If you're able to put down more than the minimum amount required, it's highly recommended you do so. The bigger your down payment, the more money you can save in the long run. You may also be able to pick a shorter loan term, which means paying even less in interest charges.
Investing your own money in a car helps the lender feel confident in your ability to pay back the loan. If you've budgeted for a down payment and are ready to find a subprime dealership near you in Mobile, Drivers Lane wants to take the lead. Find the right dealer today by filling out our auto loan request form.