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

How Can You Finance a Car with Bad Credit?

At Acura of Ocean, we can help you secure a bad credit car loan. Use our online approval form before stopping by the dealership near Freehold, and then work directly with our finance experts to figure out a payment plan that meets your needs and budget.

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

Are you considering a bad credit car loan? Before deciding whether this is your best option, there are a few steps to complete beforehand.

1. Keep your budget in mind and compute what you can afford for a monthly payment.
2. If you can, it is beneficial to make a bigger down payment.
3. Do what you can to boost your credit score before applying.
4. Be honest about what kind of car you should buy. Although you may want a vehicle with all of the bells and whistles, it’s best to only opt for what is really necessary.
5. Do not hesitate to ask questions throughout the process.

Enhance Your Credit Score

Did you know that if you take out a car loan with bad credit and you repeatedly make your payments on time each month, it is a great way to help boost your credit score? Why is this so important? A better credit score means you will have more lending power in the future for lower-interest loans and credit cards.

Finance a Car with Bad Credit Near Asbury Park

So you’ve secured a bad credit car loan at Acura of Ocean near Asbury Park. What’s next? There are ways to save even more on a quality vehicle such as trading in your current car. You can even learn more about financing at a bank vs. a dealership, gap insurance, value your trade today, and contact us with any questions.