FAQs about Bad Credit Car Loans

Here are answers to your questions about bad credit car loans.

What are bad credit car loans?

Bad credit car loans are similar to traditional car loans but are geared toward consumers with "subprime" creditworthiness. By most standards, you fall into this category if your credit score is below 620. Bad credit car loans make buying a new car a possibility even for those with serious credit challenges. Our lenders specialize in working with people with blemished credit to offer them the best bad credit car loans possible.

How do I sign up for bad credit car loans?

You can sign up for free for quotes on bad credit car loans by clicking "start now" anywhere on this site. You will then be taken to our free online application, which will take only two or three minutes to fill out. Once you submit your application, we will supply you with at least four quotes on bad credit car loans from certified local, regional, and national lenders. You will see these quotes in straightforward language to help you easily compare offers. Our quotes are free and come with no obligation.

How do I know if I have bad credit?

The best way to determine if you have bad credit is to order your free annual credit reports from the three major credit bureaus. You can look over your report to identify areas that need improvement and to determine your level of creditworthiness. The credit bureaus will usually provide you with your credit score for a small fee. Your credit score is the best litmus test for whether you meet the criteria for bad credit car loans. Remember that credit scores below 620 are usually considered "bad credit." Learn how to improve bad credit on the next page.

What kinds of bad credit car loans do you offer?

We offer bad credit car loans to help you finance both new and used cars. Used car loans usually cannot offer the competitive interest rates of new car loans, however. Used car loans also typically must be financed over a shorter period of time than new car loans. We also offer bad credit car loans for those who wish to refinance an existing car loan. Refinancing allows you to pay off your current car loan with a new loan to reduce your interest rates or monthly payments.

Who originates your bad credit car loans?

We partner with a large network of lenders across the country. In fact, most of the top financial institutions are members of our lending network. Thus, your individual lender will largely depend on your geographic location, lending needs, and personal preferences. When you receive your quotes on bad credit car loans, you will be able to choose your lender from five or six options.