Bad Credit Car Loans in Philadelphia – Apply Online Today

Bad Credit Car Loans in Philadelphia – Apply Online Today

May 13 , 2019

Bad Credit Car Loans in Philadelphia – How To Apply

You have come to the right spot if you need a bad credit car loan in Philadelphia but don’t know where to go. We are and we can help you to locate the best lenders to do business with. All you need to do is present some standard info about you. Then we will connect you with lenders in the network we work with that are happy to get in touch with you. And don’t stress they will work with you even if you have a less than perfect credit score. Most of our clients have bad credit. Don’t feel like getting a bad credit car loan will never happen. But, it doesn’t have to be that way. There are many lenders that offer bad credit car loans to individuals these days. The trick is figuring out where to look, and that is what we do best for you!


Having Poor Credit Doesn’t Mean You Can’t Get A Car Loan

While having bad credit allude to a lot of mainstream lenders are resistant to work with you. That doesn’t mean you are 100% positively blocked from receiving a car loan however. There are other lenders that are more open. The lenders we work with are more resourceful than the mainstream big lenders. They may be able to work with you in creative ways. Maybe for a scaled-down loan amount. Or, for a slightly higher interest rate. Another possible way to getting you a bad credit car loan is extending the duration of your loan from 60 months to 72 months. Also, there are lenders that will offer car loans if you have someone who will act as a guarantor. Also known as a “co-signer”. They will consider your recent income and bills. And are less likely to penalize you for mistakes from your past.


Selecting the Right Lender

Mainstream lenders don’t really do many bad credit car loans because they are a far more customized type of loan. After all a loan that suits one person may not suit another. Apply online at and you will have a group of lenders that you can choose from. And one that looks to suit your situation. It can be difficult to find the ideal lender. Particularly if you are in a difficult to serve audience. For example, if you are self-employed like an Uber driver or Lyft driver. Or if you have had a bankruptcy in the past. Many people who apply online with us are able to get hold of a lender that works well for them.


Borrow Only What You Need For Your Bad Credit Car Loan

Trying to living by this one rule I think would help every person. For people who have bad credit it is especially important. It is that you should borrow only what you need. Bad credit car loans are more expensive than loans for people who are in the more ‘desirable’ end of the market. Why pay any more interest than you need to? If you borrow less, the less expensive your payment will be. Which means more cash in your pocket in the long run. First and foremost work out with a lender how much you can afford to borrow. Then have fun going car shopping. Try to find ideas to bring the cost down. Do you have an old car you can trade in? Do you have a way to come up with a bigger down payment?

bad credit car loan application
Before you accept a bad credit car loan make sure everything is what they said it is

Go Through The Details Of Your Car Loan

Regardless if you are applying for a bad credit car loan from or from a mainstream lender. You should look at the complete cost of the loan. Think about if there are consequences for repaying early. Additionally, look at the duration of the loan. Make sure the loan options you select is one that you are comfortably able to make each month. You don’t want to sign a 3 year loan and have a $850 car payment.  However, you don’t want to have a 6 year loan with a 23.99% interest rate on a $12,000 car either. Also, after a couple years of payments your credit should have started to rebuild. So try and refinance your loan.

Bad credit Car Loans can be expensive
Spend some time online researching your credit before you go buy a car

Working On Your Credit Before To Applying For Bad Credit Car Loans in Philadelphia Can Help A Lot

Before you go looking for a car loan, it is a good idea to try to strengthen your credit score. Obtain a print out of your credit history from the different credit agencies and make sure everything on it is correct. Get any wrong associations or entries gotten rid of. And absolutely see to it that you are making all your monthly payments on schedule. That way you can little by little rebuild your credit score. You would be taken aback at just how much of a good impact that can have on your credit score. In fact, a small improvement in terms of ‘points’ could possibly move you out of the sub-prime bracket and make things easier for you to get an affordable car loan. Apply online at and we will help you to find the lenders that best fits your scenario.

Here is a link to a video I made explaining how using a car dealerships financing isn’t always your best option. Just in case the video isn’t working.

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