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Bad Car Credit Frequently Asked Questions


Is Bad Car a lender? No, not at all. It is a free service that connects you to dealerships in your area who are interested in helping you get into a car, truck or SUV that best suits your needs. Bad Car is supported by various dealers who are experts in this field and have successfully assisted customers with poor auto credit.

I have bad credit. Can I get approved for an auto loan?
The answer is yes! We have you work with a network of dealers and  their lenders to provide you with an easy way to get a car loan and drive today. We’ll assist you in finding a car dealer who works with lenders that can help you get into a vehicle with bad credit. All you have to do is fill out our application form or call 866-483-9459, and you can be on your way to starting the car buying process.

What is my approval amount?
This amount varies according to different factors. Your participating dealer and their lenders will determine your loan amount after receiving your information by filling out our easy pre-approval form and in most cases visiting the dealership.

How fast can I be approved for a car loan?
Once you fill out our pre-approval form, one of our car loan specialists will be in touch with you regarding information on an approved dealer in your area. After a short credit consultation, and a visit to the participating dealer, you can be on the road in a matter of hours.

I am upside down on my car loan and I have bad credit. Can I still get approved? You are like many of the customers who have used to purchase a vehicle. Our dealership specialists know exactly what it takes to assist you in getting out of a high interest rate car loan. Our dealer network stocks inventory that may increase the chance for your deal to happen, even if you are currently burdened with negative auto equity. Let our dealers assist in finding the right vehicle for your situation.

What will my interest rate be?
Our dealer’s job is to get you the best interest rate possible in order for your payments to be low and affordable. Credit situations cause interest rates to vary. The great news is that often times, our dealers get credit challenged customers a single digit interest rate. If you have a trade-in and have been working toward rebuilding your credit score by paying your car loans on time, there’s an even greater chance that our dealers can get you an aggressive rate. We even have a guaranteed approval process for auto loans.

Is it better to buy a new vehicle or a used vehicle with bad credit?
Great question. It depends on your unique situation. Our  dealership credit specialists will assist you in finding a vehicle that helps your credit situation by finding an affordable solution whether it is new or used. We are here to do what makes sense for you and your budget. Our dealer’s vehicle selection offers both low-priced pre-owned vehicles and low new car payment options.

Is it possible to use my Pension and/or Social Security as income for my vehicle loan?
The answer is yes. When you are applying for a car loan, every little bit can help. Many lenders allow dealers to use a percentage over your social security/pension income (because it is tax free). This means that they will allow up to 125% of your income. If you get $1000 per month in social security income for example, you would be able to tell the bank that you earn $1250 per month. Just ask our specialists how we can assist you with this type of situation. Our network of dealers know how to deal with any situation and will guide you in finding the best option for your financial standing.

  • We Are Here to Help

    Bad Car Credit Professionals

    The highly qualified specialists at work with many different types of credit situations including the following:

    • Bad credit situations
    • Upside down car loans
    • Negative equity
    • Recent repossession
    • Previous bankruptcy
    • Less than perfect credit situations
    • Auto loan refinancing
    • First time car buyer
    • Part timeemployment
    • Back child support
    • Divorce
    • Charge offs
    • Paid in cash

    Are you ready to drive?