CAR LOANS FOR PEOPLE WITH NO CREDIT
Buying your first car is a rite of passage. Of course, the operative term here is “first car”. This usually means that you are at a stage of your life where you have no established credit when you walk into the dealership. Not having credit puts you at a disadvantage in most car dealerships. But there is good news, no-credit car loans are possible. Particular lenders and no credit check dealerships offer financing for those in this position.
Bad credit car dealers don’t depend on your credit score for approval. They offer you to get a loan with bad or no credit. If you are looking for a dependable used car but don’t believe you will be able to get one because of your credit standing, We Can Help Auto Chicago is the place for you. Here you will find out more about getting a no credit car loan.
QUALIFYING FOR A CAR LOAN WITH NO CREDIT CHECK
When applying through traditional financing, it requires a credit check and a prime credit score. Those with subprime or no credit can find financing through a Buy Here Pay Here dealership like ours with in house financing team. We are one of the top no credit car dealerships that serve East Dundee and the surrounding communities. We work with you when you have no credit or bad credit and help you get into a car. If you are able to show the ability to make your monthly payments, we can help you with the financing you need.
We welcome you to come in with:
PROOF OF INCOME
This proof will show that you are maintaining a job that provides you with a steady income and that it is enough to make your monthly payments. We count many sources when calculating your monthly income – alimony, child support, social security benefits, state assistance, disability payments and more.
As long as you make the required minimum income amount and can prove this income, you can qualify for our no credit car loan.
Collateral can improve your chance of approval. The types of collateral we look for include savings, stocks, bonds and home equity.
WHAT IT ALL BOILS DOWN TO
Even if you have no credit or bad credit, it can be hard to get the loan you need for the car you need. But you need approvals to begin to build your credit and get the things that you need. Most dealerships require you to go through a credit check process and have good credit. It can seem like you will never get into a vehicle.
Nevertheless, you can purchase a car with no credit. Armed with our knowledge and a little work on your part, you can find yourself in a new car. At We Can Help Auto Chicago, we specialize in helping those with bad or no credit drive off the lot in a reliable used car. Call us or fill out the form below and our team will reach out to you!