Each day, we help people in Glendale secure auto loans, even if they’re confronted with such issues as:
- Subprime Credit
- No Credit History
- Zero in Cash or Trade
Our network of lending companies and dealers is unmatched, and that means we can help applicants of every credit tier and budget. You’ll be guided one step at a time through the process by a financing specialist in your city.
Bad Credit Car Dealerships in Glendale, California
It’s best to stay clear of buy here pay here dealers, reputed as they are for dishonest tactics of one kind or another. There are bigger, better-respected dealerships that arrange loans through banks and credit unions. Whenever you have less-than-perfect credit, you can expect increased rates of interest and higher down payments, along with tighter repayment conditions. On the other hand, it’s far better than not being able to obtain a car, and if you make your payments on schedule, you can raise your credit score while doing so. We have many such dealers in our network, and you can find one that wants to approve your credit by applying online.
Financing a Car in Glendale with No Down Payment
Do you have a down payment saved for your new car? More often than not, one is required. Whenever getting a car loan, you don’t want to owe more than the car’s value. When the car is worth less than what’s owed on it, then you are under water on it. A down payment works against depreciation.
We might be able to help you buy a car in Glendale without putting down any cash, particularly if you have an excellent credit score. Consult a dedicated lending professional and see whether you’ll be able to qualify.
Buy Here Pay Here Car Dealers in Glendale, CA
Car dealers in Glendale that advertise buy here pay here financing have a few common characteristics:
- They finance auto loans on-site.
- They rarely require credit checks.
- They require weekly or biweekly payments, often at the lot.
Countless people with really terrible credit think that an in house financing car lot is the only real place that will approve their credit, despite the fact that California subprime auto loans from banks and credit unions typically come with less expensive rates.
Repairing Your Credit in Glendale
There are a trio of main credit agencies: Experian, Equifax, and Transunion. In most cases, auto lending companies report your payments to these agencies, making it possible to improve your credit. A car loan:
- Offers you the chance to revitalize your payment history (35% of your score).
- Maximizes the spectrum of credit you’ve utilized (10% of your score).
Don’t miss a payment, as this will have the exact opposite effect: a decreased credit score. Of course, the benefits associated with an improved score are massive:
- More affordable loan and insurance rates.
- Improved job prospects.
- Security deposits often waived.