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Auto Loans in Georgia (GA)

Bad credit is common in Georgia and across America. We think that auto financing shouldn’t be such a struggle for people in The Peach State, regardless of whether they have a bad credit score. Advantages we offer include:

GA Bad Credit Auto Loans

  • Cutting-Edge Credit Approval Program
  • Vast Statewide Network of Dealers
  • In-Depth Guidance from Local Finance Specialists

From Atlanta down to Valdosta, Columbus over to Savannah, we can get you behind the wheel in less time, at a lower rate, and with maximum convenience.

Bad Credit Car Dealers in Georgia

If you are trying to find a car dealer that approves individuals with bad credit, your search is over. For the most part, these larger dealers offer:

  • Affordable rates of interest.
  • More affordable down payments.
  • New and pre-owned vehicles.

You may not be eligible to finance the more expensive cars on the lot. With less-than-perfect credit, the most you can borrow is 6 to 8 times your monthly income. For residents of Georgia making $3,515 each month, this is $21,089 to $28,119. That being said, only 8% of your income ($281, in this case) should be spent on your car payment, which may very well restrict the amount you can spend..

A finance professional will determine how much you’re eligible to borrow, and at what rate. If you want to talk with one, make sure to submit your application.

Documentation You Will Need

The documents required to finance a car vary, but there are several things that you will need at most every dealer or lender. In order to verify your income, lenders will want to see a minimum of two recent paycheck stubs or income tax returns. Furthermore, it isn’t unusual for lenders to require you to be employed by the same company for at least a year. Proof of insurance is yet another necessity. The Georgia minimums aren’t enough. You’ll need a full coverage insurance policy, including both comprehensive and collision coverage, to get approved. A copy of your lease or a current electricity bill will verify your address for lenders, so they know where the vehicle will be located. We might’ve overlooked something, so make sure you verify what’s needed with your finance professional before venturing out to pick up your car.

Buy Here Pay Here Car Dealers in GA

Commonly called in house financing, your job is your credit, or we tote the note car dealers, these establishments typically have a few principal features. They…

  1. Offer car loans in house.
  2. Rarely check your credit.
  3. Demand weekly or biweekly payments, often at the lot.

Sometimes people with really terrible credit believe that an in house financing car lot is the only establishment that will be willing to take their credit, even though the cost of your vehicle will be higher on account of excessively high interest charges. As if that weren’t enough, it’s less likely that your FICO rating will show improvements as you pay off the loan. That is because these car lots have no relationship with Equifax, Experian, and Transunion.

Credit Repair for Georgia Residents

If you need one more reason to finance a car, here it is: a car loan not only helps you buy the car you want, it can transform your credit rating. A car loan can positively impact two of the biggest credit score variables:

  1. History of Payments (35% of score).
  2. Credit Mix (10% of score).

You should never fall behind on your payments, as this will have the opposite consequence: a weakened FICO score. Of course, the benefits to an increased score are enormous, including decreased APRs and insurance costs, as well as much lower down payments.