Request a car loan with bad credit history
Having bad credit is nothing to be ashamed of, it can literally happen to anyone. Difficult financial situations can come out of nowhere and we are not always ready for it. Anyone who has been in this situation knows how difficult it can be to start rebuilding your credit score. It may not have been your first guess, but committing to something as simple as a car loan you can afford can be a great way to build your financial backbone from scratch. At wow-loans, our finance team can help provide you with an affordable auto loan, regardless of your credit situation. Want to learn more?
I don’t know if I have bad credit, qualify?
It’s easy for your credit score to fall, but it’s not that easy to get it back again. Divorce, medical emergencies or periods of unemployment can cause you to miss some credit card payments or loan payments and will negatively affect your credit score. The status of your credit score will affect the types of loans available to you and typically, the higher your score, the more options available to you. You are considered “bad credit” if your score drops below 640 when typical institutions may have trouble lending you money. This can be a problem if you need a safe vehicle to help you work! Don’t stress, our finance department can help.
How do I Apply for a Car Loan?
Applying for a car loan with us is as easy to get started as completing the two-step online finance application form. The first will only ask some basic information for one of our finance specialists to contact you and take about 30 seconds to complete. The second allows our team to instantly evaluate your credit and your budget in order to determine the perfect loan and also the options available for you to choose the dream car that is within your budget. The forms are 100% secure and your information will never be shared with anyone.
How do I rebuild my credit?
Once you set you up with the perfect car loan, all you have to do is make your monthly payments on time and you will be speeding up with a great credit score. Rebuilding your credit by financing a new or used Larsen vehicle opens your life up to other great options that require a strong credit score, such as getting a mortgage for a home or first loan to start your own business. The advantages of having good credit are limitless and we are excited to help you get started with a safe and reliable vehicle.