At West County Nissan, second chance auto financing is really what it says it is: literally a second chance for borrowers with lower than average credit scores to buy a vehicle on credit. This financing option allows borrowers to both obtain an auto loan and, by making their payments on time, work to clean up their credit history.
the New Nissan or Used vehicle of your dreams.
Our relationships with bad credit lenders gives us the upper hand in negotiating a deal to help those with poor credit get into a car or truck that fits their needs.Some sub-prime lenders will accept credit scores below 500. These new bank programs look more at the person looking for the loan as opposed solely to their credit score. Things like job and residence stability will play a factor in gaining an approval.
Before applying for any car loan there are a few things you can do to ensure that the process goes smoothly for this specialized area of car finance:
Review your Credit History - Experts in Saint Louis believe you should review your credit report at least once a year to make sure there are no errors in your report. This is especially important when you are applying for a car loan.
Determine How Much You Want to Pay (Payments and Price) - You should have in mind how much you can comfortably afford for your vehicle, for both a down payment and monthly payments. For your car loan, you can use our car loan calculator to help you crunch the numbers. Keep in mind that you will also need (minimum of) Liability Auto Insurance too.
Prepare Documentation - To get a 2nd chance car loan you will need to provide proof of employment, income and residency. It's helpful to have documentation in hand, such as pay stubs, a bill addressed to you at your home address. This documentation will speed up the process of getting your car loan.
West County Nissan specializes in helping people who have been previously turned down. Each of our finance specialists have superior knowledge about car loans for people with charge offs, collections, no credit, previous repossession, former bankruptcy, and everything in between.
We'll call you as soon as we receive your credit application or you can e-mail us at: specialfinance@westcountynissan.com.
