Below-average credit can make it tough to finance a car, but we can help. We allow you to find a lending company who won’t just finance your credit, but help you repair it. We’re very pleased to work with an unparalleled network of dealers and finance companies who are willing to finance you, regardless of your credit. All you have to do is submit your finance application, and we will do our best to match you with a company that can approve your credit.
Aiken Dealerships That Take Bad Credit
For anybody who is trying to find a car dealer in Aiken that takes poor credit, we can help. Any time you have poor credit, there are certain things to be expected:
- More expensive interest rates.
- Much bigger down payments.
- More stringent repayment terms.
With that being said, the rates and terms are more favorable than you would be given at a buy here pay here car lot. There are many of these dealers in our network, and you can find one ready to fund your loan by applying online.
Identity Verification for Aiken Residents
In order to avoid any hurdles, make sure you don’t forget all of the documentation required when heading to the dealership. You have to bring your license. You won’t be able to test out any cars if you don’t, and it is a way to verify your identity. Your credit approval largely powered by your income, and for this reason, you’ll need to provide paystubs. Insurance verification is an additional prerequisite. You will need full coverage, not mere liability, on your new car or truck. Your lease agreement or a previous month’s utility bill will confirm your address for lenders, so they know where the vehicle will be. When you contact a vehicle lending specialist, they will tell you exactly which documents are needed and which aren’t.
Your Job is Your Credit Dealers in Aiken, SC
Often known as buy here pay here, tote the note, or your job is your credit car lots, these dealerships ordinarily have a few chief features:
- These dealerships supply car loans in house.
- They don’t pull your credit.
- They want you to make payments 2-4 times per month, often in person.
For folks who’ve got horrible credit, Aiken buy here pay here dealerships in many cases are the only real option, despite the fact that South Carolina poor credit car loans from banks and credit unions typically come with more affordable rates.
Will This Elevate Your Credit Rating?
Ordinarily auto lending companies report your installments to the major credit bureaus–Transunion, Equifax, and Experian–giving you the opportunity to build up your credit. If you send in your payment punctually month after month, you’ll start to establish a favorable history of debt payment, which makes up over 30 percent of your credit score. The positive results are slow and steady, building in the course of months, if not years. It’s impossible to know exactly how much your score is going to go up, but boosts of 5-10% have been observed.