Get an Auto Loan Quote

Auto Loans in Cypress (CA)

Missed payments and past due bills can damage your credit rating. No one understands the frustration of buying a car with bad credit like we do.

Here’s how the process works:

  1. You, the applicant, apply online.
  2. Our sophisticated matching system matches you to an auto car loan company.
  3. Your lending company reaches out to complete the details of your Cypress bad credit automobile funding package.

Bad Credit Car Dealerships Cypress California

Cypress Dealerships That Approve Bad Credit

Car dealerships that can arrange sub-prime financing are often referred to as bad credit car dealers. Whenever you have less-than-perfect credit, you can expect steeper rates of interest, bigger down payments, and shorter length loans. On the other hand, keep in mind you’re getting a car, of course, but also the opportunity to build up your credit. There are many such dealerships in our network, and they want to get you approved for the car you deserve. Go here to submit your application.

Verification Guidelines for Cypress Residents

Keep in mind that the better your credit score is, the less paperwork will be in your future. Lenders want to know that you can drive the vehicle being financed, so it’s imperative that you have your driver’s license. To confirm your income, lenders will expect you to supply at least two recent paycheck stubs or tax statements. Generally speaking, lenders favor applicants who’ve been in the workforce for a minimum of one year or longer. Lenders will never finance a vehicle that isn’t insured, which means proof of insurance is required. Proof of residence can be supplied by submitting one of your recent electricity bills. Lenders need to know where to find the vehicle in case they’re forced to repossess it.

When you submit your application, we put you in touch with a vehicle finance expert who’ll be able to provide the details for you.

Cypress Buy Here Pay Here Dealerships

For those who have severe credit problems stemming from bankruptcy or repossession, buy here pay here financing might possibly appear to be a good plan. Dealers like these will finance pretty much anybody, regardless of their credit, but there are problems with sort of financing. Issues include:

  • Exorbitant Finance Fees
  • Inflated Down Payments
  • Overpriced Autos
  • Invasive Repossession Tactics

If elevating your credit score is important to you, and why wouldn’t it be, you should contact a finance specialist through us, seeing as BHPH car lots won’t help you strengthen your credit.

How Much to Pay for a Car

Dealerships in Cypress are jam packed with vehicles that you are capable of financing, but which wouldn’t be a good idea. Have a look at the following scenarios, which demonstrate how much the Cypress consumer ought to spend based on an income of $5,389 each month, a payment of $431, and a repayment term of 5 years.

Exceptional Credit Okay Credit Subprime Credit
Payment Amount $431 $431 $431
Rate 3.50% 7.00% 11.00%
Money Down $5,925 $5,443 $4,957
Interest Paid $2,169 $4,095 $6,039
Total Paid $31,792 $31,310 $30,824
Car Price $29,623 $27,216 $24,786

Used Cars in Cypress

Zipcode Make Model Minimum Price Maximum Price Condition
Total Records Found: , showing 5 per page

No Records found