How Can I Get Car Financing with a Bad Credit Score?

Oftentimes, shoppers come to Hendrickson Chrysler Dodge Jeep Ram with the question, “Can I get a car loan with bad credit?” While many people fear the answer is going to be “no,” we’re happy to tell you that, on the contrary, the answer is “yes!” When you consult the finance professionals at Hendrickson Chrysler Dodge Jeep Ram, they’ll be there for you every step of the way, working together to figure out how to finance a car with bad credit. Learn more, below, then take a look at our new vehicle specials for exclusive savings.

How Can You Finance a Car with Bad Credit?

The finance center at Hendrickson Chrysler Dodge Jeep Ram, conveniently located near Logansport and Rensselaer, has all the necessary tools to help you secure a bad credit car loan. First things first: Apply for financing online so you can get pre-approved. Once you do that, you’ll be contacted by a finance professional to start the next steps of creating your ideal payment plan.

What Steps Should I take To Get a Car Loan with Bad Credit?

Before securing a bad credit car loan, there are a few important things you’ll need to get in order so you can ensure you’re making the best financial decision possible:

  1. Using your budget as a guide, determine how much you can afford in terms of monthly payments.
  2. If possible, make a large down payment.
  3. Before you apply for a loan, start cleaning up your credit report.
  4. Be honest and realistic with yourself about the type of vehicle you should buy, and make sure you don’t get more than you need.
  5. Ask plenty of questions!

Improve Your Credit Score

Many people are pleasantly surprised to learn that when you take out a bad credit car loan and you’re able to make your monthly payments on time, it will help you improve your credit score and credit profile, which will put you in a better spot later on when you’re looking for lower interest loans and credit cards. That’s right: purchasing a car with low credit or no credit can actually be a good thing for your finances, as long as you stay on top of your payments!

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Improve Your Credit Score

Many people are pleasantly surprised to learn that when you take out a bad credit car loan and you’re able to make your monthly payments on time, it will help you improve your credit score and credit profile, which will put you in a better spot later on when you’re looking for lower interest loans and credit cards. That’s right: purchasing a car with low credit or no credit can actually be a good thing for your finances, as long as you stay on top of your payments!

Find Your Ideal New Car at Hendrickson Chrysler Dodge Jeep Ram Today!

After you’ve browsed the new vehicle inventory at Hendrickson Chrysler Dodge Jeep Ram, made a sensible choice for your Monon drives, and secured your bad credit car loan, we recommend you value your trade-in to find out how much you’ll get from your current vehicle – this will help you make a larger down payment on the new one. If you have any lingering questions about how to get a car with bad credit, don’t hesitate to contact us!

Dreaming of a RAM 1500? Check out its towing capacity to find out how it can assist you whether you’re on the job or on the road.

 

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114 N 8th St • Monticello, IN 47960

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Hendrickson Chrysler Dodge Jeep Ram

114 N 8th St Monticello, IN

Phone: (​574) 227-1031

http://maps.google.com/?q=114%20N%208th%20St%2C%20Indiana%2C%20Monticello%2C%20IN%2047960

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Phone: (​574) 227-1031

114 N 8th St Monticello, IN

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Phone: (​574) 808-4167

114 N 8th St Monticello, IN

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Phone: (​574) 253-4059

114 N 8th St Monticello, IN

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Phone: (​574) 330-0025

114 N 8th St Monticello, IN
40.745969 -86.782398
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Hendrickson Chrysler Dodge Jeep Ram
Hendrickson Chrysler Dodge Jeep Ram
114 N 8th St
Monticello, IN, 47960 US
(​574) 227-1031
https://di-uploads-development.dealerinspire.com/hendricksoncdjr/uploads/2019/01/HendricksonCDJROGImage.png
Hendrickson Chrysler Dodge Jeep Ram 40.745969, -86.782398.