Frequently asked questions
on our car finance programs
• With your emphasis on bad credit car loans, what if I have good credit?
We handle good credit all the time and can help you find competitive rates -- but truth be told, if you have really good credit, go straight to a dealer during a zero percent down special. No bank can compete with that.
•Do you have any minimum standards ?
Industry-average stuff: gross monthly income of $1,800 or more, no vehicles repossessed in the last 12 months, not currently in bankruptcy, and being a U.S. resident of legal age (over 18).
• What kind of interest rates can I expect for my car loan?
Your interest rate is influenced by several factors; whether the car you want is new or used, the amount of your down payment, your credit history, and the term of your loan. Your local loan officer will explain to you the details specific to your situation.
• Why do you guys work through dealers?
Because that's how 80 percent of all car purchases are handled -- and because  that's a system in which lenders are comfortable. Did you know that when you get financing at a dealer, that you actually don't get financing -- that you get what's known as a RISC -- and that after the dealer has structured the deal, the lender steps in to take it from there.
Our dealers are electronically linked to hundreds of lenders who can get you the best loan rate your credit will allow. Go ahead. Apply today.
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