Bad Credit Car Loan Rates in Bakersfield

Different Bad Credit Car Dealers in Bakersfield

Now just because we are capable of helping you find the perfect auto finance dealership to get a loan from doesn't mean you can't utilize other lending services. For example banks, credit unions, and even buy and pay here dealerships can be helpful to people with very low credit scores.

Each of these different lenders can have a bad credit car loans program for applicants with credit problems, but they all view bad credit rates differently. As another example, a bank usually prefers that a person's credit score be no lower than 640 to have a good chance getting a car loan. On the other hand buy and pay here dealers are more likely to finance a person with a credit score below 640 with little hesitation.

Now AutoNet Financial won't send any applicant to a buy here pay here or tote the note car lot, as the average bad credit car loan rates are incredibly high. However, we do feel obligated to inform Bakersfield car buyers of other lending companies that are known for extending auto financing to people with poor credit when few lenders will.

Finally, before going to a "buy here pay here" or "tote the note" lot for one of their used auto loans; remember that these types of car dealers don't report your payments to the credit bureaus. While no credit check used auto loans may seem, at first glance, to be a good idea, they also don't report your positive payment history. This means that getting a car loan at one of these dealerships won't help repair your credit and it won't improve your credit score.