Bad Credit Auto Loans

What is a Bad Credit Auto Loan?

A bad credit auto loan is for people that cannot get pre approved for an auto loan through traditional lending sources such as local banks, credit unions or the lending arms of car manufacturers such as NMAC, and GMF . These lending sources normally do not lend to people with low credit scores, recent bankruptcy, low income, zero down payment, or previous vehicle repossession. Bad Credit Auto Loans are normally initially funded by the automobile dealer and later assigned / sold to a finance company. In the case of Buy Here Pay Here car lots, a third party payment processor may service the loan for the dealer.

How do I Qualify for a bad credit auto loan?

The basic qualifications are:

  • A monthly provable income of $1500 a month
  • Currently reside in the United States
  • American citizen or legal resident
  • Able to obtain automotive insurance
  • Full time employment or guaranteed income for the length of the loan
  • Most lenders require a working phone number and proof of residence such as a utility bill.

YES. I meet the qualifications for a bad credit auto loan. GREAT! Please just take a moment to fill out the contact form and a Pine Belt Loan Advisor will contact you shortly.

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4 comments on “Bad Credit Auto Loans

  1. i got my car from the pine belt store in eatontown. i dont have the best credit and these really did good by me. they were able to get me in a nice 2011 chevy malibu. thanks guys!! and great articles… keep up the good work!

  2. Good stuff right here. I got my CTS at Pine Belt Cadillac. Nice preowned 2007. Eddie worked with me the entire time. I cant thank you guys enough!

  3. i dealt with a Pine Belt Credit counselor. Every thing was nice and easy. Went very smooth and I was able to drive away in the car i wanted.

  4. great read here. and these guys don’t play around. i found a vehicle online and they have such an easy credit program set up. i enjoyed working with you guys, keep up the great work. you will have my business forever. thanks all.

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