How to Get a Car Loan With Bad Credit

Wondering how to get a car loan with bad credit? McCall Motors has you covered! The experts in our finance department will help you to get behind the wheel of your next car today! Read on to learn about bad credit car loans, and then visit us near Altoona to begin the search for your new or used vehicle.

Bad Credit Car Loans: What to Do

If you are considering bad credit car loans, then you might want to do the following before coming to our dealership near Johnstown to pick out your car.

• Set a budget. Figure out what you can afford, which includes not only how much you can pay upfront and on a monthly basis, but also gas costs, maintenance, registration fees, and car insurance.
• Make a bigger down payment if possible. Lenders will look more favorably upon you if you make a larger down payment when you have a poor credit score. Doing this also results in lower monthly payments. Consider trading in your current vehicle to place its value toward your next car purchase.
• Check your credit report. Confirm that your credit score is accurate and dispute any errors. You can also think of ways to begin to improve your credit in the meantime, like paying down current debts.
• Be realistic in your car selection. It can be tempting to spring for a brand-new car or a used model with all of the bells and whistles, but it’s important that you’re realistic about what you can afford.
• Shop around with lenders. Don’t assume that the first lender to approve you will be the only one. Apply with a handful of lenders so you can compare the rates of those who approve you.

How to Get a Car with Bad Credit: Improve Your Credit Score

If you’re worried about how to get a car with bad credit, then it’s important to remember that taking out a car loan is an excellent step toward improving your credit. With on-time payments, your credit score will certainly trend upwards, which in turn will give you more lending power in the future.

Secure Financing with McCall Motors

Navigating how to get a car loan with bad credit can be stressful, but McCall Motors aims to make the process as seamless and straightforward as possible. Get started by applying for financing online, and then work directly with our finance team to determine loan terms and a payment plan that works for you. Have any questions? Don’t hesitate to reach out!