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

At Midway Auto Dealership, people often come to us wondering, “Can I get a car loan with bad credit?” The answer, quite simply, is yes! At your local Midway Auto dealership near Lexington, our finance team is here to help you figure out how to finance a car with bad credit. See how here, and then get a great deal by taking advantage of one of our new vehicle specials!

How Can You Finance a Car with Bad Credit?

At Midway Auto Dealership, our finance team makes it as easy as possible for your to secure a bad credit car loan. All you have to do to get started is apply for financing online to get pre-approved, and then work directly with our finance experts to figure out a payment plan that works for you.

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

If you’re thinking about taking out a bad credit car loan, there are some things to try to get together beforehand in order to ensure you’re making the best financial decision for you right now.

1. Determine how much you can afford to pay per month based on your budget.
2. Make a bigger down payment if possible.
3. Try to clean up your credit report before applying for a loan.
4. Be honest about what kind of car you should buy, and don’t get more than you need.
5. Ask questions!

Improve Your Credit Score

Many people don’t realize this, but if you take out a car loan with bad credit and are able to consistently make your payments on time every month, it will actually help you to improve your credit profile and credit score, giving you more lending power down the line for lower interest loans and credit cards.

Finance a Car with Bad Credit Near Grand Island Today!

So you’ve secured a bad credit car loan at your local Midway Auto dealership near Holdrege, but you still need help with the down payment? Value your trade online to see how we can help, or give us a call at (888) 270-1246 to find out more!