Having low credit can be discouraging when trying to finance a new vehicle. Additional barriers when applying for an auto loan can exist, but that doesn't mean you're not qualified to purchase a vehicle. Although it's not an ideal situation, you can still secure financing for your next car, truck, or SUV. If you are in a place where you have no credit at all, Advantage Ford LINCOLN will find you a no credit car loan. Our finance specialists are dedicated to helping you find the vehicle that best fits your driving needs but most importantly, your budget.

What Will the Payments Look Like?

Knowing what your credit score is and understanding your finances will make the process a smooth one. Once you have a general idea what your finances look like and know the car you want, use our payment calculator to get a monthly estimate. This calculator will help filter out any vehicles that may not be a healthy purchase. Our payment calculator will give you an estimated APR for the length of your auto loan.

Co-Signer

Being a first-time car buyer or having bad credit sometimes calls for a co-signer depending on the situation and the creditor's requirements. Someone who has good credit and is willing to co-sign for the auto loan may give you the advantage to get the car you want. However, it's the co-signer's responsibility to pay any payments not paid by you.

Bigger Down Payment

No, you don't have to put any money down on your purchase but it will save you money in the long run. The interest rate for an auto loan can be high for someone who doesn't have the greatest credit, but having a percent to put down up front can lower the interest rate and monthly payments.

There are different paths to take to finance your new car but it's not impossible. Our team at Advantage Ford LINCOLN will work with you to find the right auto loan company to fit your lifestyle.

Contact Us

The buying process doesn't need to be a stressful one. Use our online form our or call 800-354-2220 to make an appointment with our finance center. We are committed to helping you secure financing for the vehicle that fits your budget. We look forward to meeting you!