Interested in getting an auto loan in Union City, CA with bad credit or zero down? Yes, numerous banking institutions have stiffened up their borrowing guidelines, but there are lenders who need your business – it’s our mission to connect you with them. Once you utilize our service, we’ll do our very best to connect you with the right lending company, taking into consideration such factors as:
- Where You Live (Union City)
- Your Credit Ratings
- Your Salary
- Your Down Payment
Zero Down Payment Auto Financing in Union City (CA)
We can help you get no money down auto loans in Union City. However, down payments are always recommended. Nearly all creditors will be content with an advance payment of 15 to 20%.
Auto Loans with Bad Credit in Union City, California
Need to buy a car or truck in Union City, CA with bad credit? Let’s consider fico scores in California as a whole:
- Avg CA Credit Score: 672
- FICO Score Viewed as “Bad”: less than 620
No one wants to have their credit rejected. We may be able to help. Go here to submit your secure application.
The majority of loan providers require individuals with a bad credit score to have a salary of $1500 per month, at least, and less than $750 each month in debt payments (including your car loan).
Car Financing With Bankruptcy or Repossession: Union City, CA
Bankruptcy and repossessions have a major effect on your credit score. Are you worried that you will not be able to obtain a car loan with bankruptcy or repossession? Fortunately, there are creditors that approve auto financing in Union City, CA, regardless of whether you have undergone:
- Late Payments
As you’ve probably learned, it takes seven years for going bankrupt to be completely removed from your credit rating. The large majority of loan providers cannot grant an auto loan if the bankruptcy is less than 24 months old.
No Credit Check Auto Financing: Union City, CA
Virtually all CA buy here pay here car dealerships let you finance a car or truck with no credit check, but this decreases your ability to improve your credit.
At a buy here pay here dealership, also known as a no credit check or in house financing car lot, your car loan won’t originate from an outside loan service. Basically, these car dealerships provide in house financing auto loans to California residents with bad credit. To many consumers, getting their car loan without any credit check sounds great. Lamentably, there are several key shortcomings:
- Higher Interest Rates
- Sizeable Down Payment Requirements
- High Mileage Used Cars
But fear not, there’s a pretty good possibility you could get approved for an auto loan at better rates of interest than you could expect with a your job is your credit vehicle dealer.
Used And Bad Credit Car Dealerships in Union City, CA
Does Your Dealership Finance Bad Credit? Email us to Have it Listed (it’s Free).