With negative marks on your credit report, it can be a hurdle to get auto financing at your local banks, credit unions or the lending arms of car dealerships. However, you are still in luck because there are bad credit car dealerships that serve as an alternative to the aforesaid agencies.
Similar to traditional loan sources, bad credit car dealers can provide the money you require to purchase the car you needÂ for daily transportation. What sets them apart from such sources, however, is that they cater their car loan programs to individuals who has no credit, limited credit or poor credit. In short, they can give you a car loan option that will work well with your financial situation.
Since taking out a loan and purchasing a car are major transactions, pay close attention to the bad credit car dealer you intend to do business with. The last thing you want is to get ripped off because you’ve transacted with a grifter.
If you’re still searching for the right auto dealership, you might want to use our list of bad credit car dealerships below. This can be a useful reference, especially if you’re a resident of Chicago, Illinois. Give them a call today!