Tennessee Bad Credit Car Loan Services

Tennessee Used Car Loan

Tennessee residents have trusted AutoNet Financial since 1997. With AutoNet Financial, you can qualify for a good credit, average credit, no credit, and even bad credit auto loans. Finding financing is quick and easy.

We provide auto loans for real bad credit in Tennessee; applying online is simple. With over 13 years experience in Tennessee and surrounding areas you can count on us to get the deal done with any type of credit. Get a competitive finance rate from a new or used car dealer in TN, regardless of your credit.

Auto Financing with Bad Credit in TN

Are you one of the thousands of residents of The Volunteer State with a poor credit history? Do you need financing for a new vehicle but have a credit score (credit score) below 640? If the answer is yes to either or both of these questions then you will be glad to know that there are a number of lenders who work with car dealers to offer bad credit car loans in TN.

There are mainly two types of lenders who offer loans to consumers in the beautiful state of Tennessee with bad credit and they include:


Bad Credit Car Loan Lenders
You first want to realize that these lenders, working through retail new and used car dealers throughout the state, will probably charge you a much higher interest rate (known as sub prime lending) than the rates charged by more conventional lenders such as banks and credit unions (which is usually at or near "prime" rates). The main focus of these sub prime lenders is to help consumers with bad credit rebuild their credit history and improve their credit scores while driving a new or low-mileage used vehicle.

Tote the Note or Buy Here Pay Here Car Lots
These are TN car dealers who are also lenders. Unlike most traditional Tennessee car dealers, they don't follow what many consider to be the "normal" rules of auto financing. If you visit one of these dealers while shopping for a car and a loan, you'll find that they usually aren't as stringent as those lenders that offer car loans in Tennessee without a down payment. They will verify your income and residence while you are applying for auto finance, but recent repossessions (unless with another TN. buy here pay here car dealer) are usually not an issue.

What these buy here pay here car lots will ask for is a much larger down payment, given the average value of the cars they sell. It also means that the annual percentage rate of interest charged by these buy here pay here dealers is usually much higher than what most sub prime lenders would charge. These tote the note car dealers will also not report your payment history to the credit bureaus. This means that even if you make all your payments on time, your credit score will not improve and your credit history will have no recent positive information.

The bottom line to all this is that if you are serious about reestablishing your car credit and improving your credit score, you should choose a bad credit car loan dealer that specializes in bad credit car loan customers and deals with a broad spectrum of sub prime lenders. We can match you up with these used car dealers in Tennessee should be your first choice for auto financing for bad credit.

We Provide Bad Credit Auto Financing in the Following Cities:
  • Memphis
  • Nashville
  • Knoxville
  • Chattanooga
  • Clarksville
  • Murfreesboro
  • Jackson
  • Johnson City
  • Franklin
  • Bartlett
  • Hendersonville
  • Kingsport
  • Cleveland
  • Collierville
  • Smyrna
  • Brentwood
  • Columbia
  • La Vergne
  • Gallatin
  • Oak Ridge
  • Morristown
  • Maryville
  • Bristol
  • Many Others
 
 
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Used Cars in Tennessee
(Some craigslist cars may appear in used car results)

In addition to helping people in TN buy a new or used car, AutoNet can help you get the best price on a used car in Memphis or help locate buy here pay here car lots in Knoxville TN. The automobiles listed above are some of the best available Knoxville, TN cars for sale including exclusive vehicles from the craigslist Nashville, TN cars for sale. If you have had credit problems, however, we recommend completing online auto finance application first.

Other Auto Finance Opportunities: Florida | Greenville | Indianapolis | Las Vegas | New York | North Carolina | Ohio | Portland
Serving the People of Tennessee Since 1997
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Helpful Financing Tips
What are the Best Car Financing Companies for Bad Credit Borrowers?
Individuals with credit problems can have a better chance of getting a loan when they are using an auto financing company that specializes in bad credit loans. ... Read More »

What to Know When Choose Between Leasing & Car Financing
Choosing between a lease and a car loan can be difficult as they both have their own benefits and disadvantages that affect people differently, but we can help you choose the right one today. ... Read More »

Can I Take Over Car Payments with a Bad Credit Score?
Many people try to take on the payments of a car with a bad credit score, and there are a number useful ways to accomplish this. ... Read More »

 
AutoNet Financial Service Areas
AutoNet Financial can match you with car dealerships that offer bad credit auto loans in a number areas in the U.S. and Canada.

We can locate dealers in Newark, Dallas, Salinas, North Carolina, Seattle, and so many other areas with each one having a history of supplying poor credit financing options.

AutoNet Financial is different than most online bad credit car loan companies as we offer free auto loans and credit services.