Bad Credit

You can get a new or used car with bad credit, it just depends on what you qualify for. You might be surprised to learn it's possible for people with poor credit to get a new vehicle, but you should also know this may not be in your best interest as a bad credit borrower.

You can get a bad credit car loan through dealerships that are signed up with subprime lenders. We go over the typical requirements for a bad credit auto loan, as well as where you can find car dealers near you.

You can get another car loan after a repossession, but maybe not right away. Most lenders recommend that you wait before trying again. It's also a good idea to start rebuilding your credit after a repossession.

When you need a car loan but have bad credit, make sure you go with the right type of dealership and lender to get the job done. Here's what you can expect.

You may be able to get a car lease if your credit is bad, but you have to meet stricter requirements and may need a security deposit in order to get approved.

A rent to own car purchase is a type of bad credit auto financing. Check out the pros and cons of rent to own programs to see if one is right for you.

Your bad credit car buying options may not be as limited as you think. Take a look at the lender and vehicle options you have, and how bad credit affects them.

When you need a bad credit car loan, one thing you need to remember is that you have options. Check out the three main types of lenders you can apply with.

It is possible to buy a car with no money down, but usually only if you have great credit. Lenders that work with bad credit, such as subprime lenders or buy here pay here dealers, typically require borrowers to make a down payment.

When your credit isn't good, it's important that you work with the right kind of lender when you need a car loan. Many traditional lenders rely on credit scores to qualify applicants, but subprime auto lenders specialize in car loans for people with bad credit, no credit, and other unique credit situations. But what, exactly, is a subprime auto lender?