On the lot financing is basically when a dealer offers financing through their own dealership. There are many lots that offer this kind of financing. Depending on your situation, it can either help you or it can hurt your wallet. Residents in the area looking for local Greenville bad credit car lots can apply now and our team at DriversLane.com can get you in touch with a professional who will be able to help you decide which financing suits your situation best. If you are struggling with poor credit or low income, you can start today with our hassle-free online application to be one step closer to your next car.

Get approved even with Bad Credit

On Lot Financing Greenville North Carolina
For the many people who have imperfect credit, it is normal to assume only the worst when it comes to auto financing. All that pressure and waiting from a lender is no longer a problem with on the lot financing. Due to the fact that they finance through their own lot, dealers no longer have to go back and forth with other lenders. As usual, it is important to prepare yourself for the process to come. Dealers are grateful when you show up ready to start business. Have all your proper documents ready to go, these documents usually consist of:

  • Valid Driver's License
  • Proof of income with your two most recent paystubs
  • A recent phone or utility bill

Know the Risks that you may have to take

With many benefits that come from on the lot financing, there is always a down fall that can come around. You want to pay attention to the interest rates that you may come across. Sometimes the rates can be higher than the average because these dealers do not run credit checks on your report. Depending on where you decide to go, your payments may not get reported to credit bureaus, which can hurt you in the long run if you are looking to rebuild your credit. Sometimes, you may have to pay weekly payments, so keep a close eye on your contract before settling anything.

Start Today

It can be difficult to know where to go when searching for a vehicle. Do your research and locate the right place for you. If you have time to apply today, you won't have to look further. DriversLane.com is motivated by helping people find the financing necessary for their needs. Get in touch with a professional today who will help you find the car, truck, or SUV that you and your loved ones need.