How Can I Get Car Financing With a Bad Credit Score?

January 3rd, 2019 by

Smartphone showing a poor credit score rating

If you’re like many Tucson drivers, you may be wondering, “Can I get a car loan if I have bad credit?” At Royal Automotive, our Royal Approved credit team is dedicated to helping you get into a car loan that you can afford and it can actually help improve your credit score. Our knowledgeable finance team works with car buyers with all kinds of credit challenges including first-time buyer, no credit, bankruptcy, divorce, limited down payment, etc. Working with over 35 lenders to find the best loan for your specific situation. Learn more about how to get a car loan with bad credit below, then check out our latest used vehicle specials!

How to Finance a Vehicle when you have Bad Credit

With Royal Automotive Group, it’s simple! Take a few moments to complete our online car loan application to get pre-qualified. It’s free and there is no obligation. You can also take advantage of our other online finance tools, including our car payment calculator and trade-in value estimator. Once our team pre-qualifies you, we will work with you to learn more about the terms and monthly payments that work for you. Then we will help you choose a vehicle. Royal has hundreds of new and used vehicles to choose from and once you are pre-qualified, you can shop with confidence, knowing exactly what you can afford.

Tips for Financing with Bad Credit

Whether you have good credit or bad credit, buying a car is a huge financial decision. If your credit score isn’t great, follow these steps to make the car buying process easier and more rewarding:

  • Check your credit report and try to improve your score as much as possible before applying for a car loan.
  • Decide how much you can afford to pay each month.
  • Shop for the car you need — not the car you want.
  • Communicate openly with us!
  • If you can, make a larger down payment.

Can a Car Loan Boost My Credit Score?

Yes, it can! If you take out a car loan, you can improve your credit score by making payments on time and in full. Over time, you may be able to qualify for lower interest loans and credit cards.

Shop Reliable Cars Near Tucson Today!

Can you finance a car with bad credit? Yes! Royal Approved, our credit challenge finance team will work with you to find a great loan and car for your needs. Find out about our Royal Upgrade vehicle exchange program, and feel free to contact us with any questions about our financing process or our used inventory. Don’t give up on that used MINI or used Jaguar that you’ve always wanted to own.

More from Royal Automotive Group

  • How to Choose the Perfect Kia SUV

    Whether you’re hoping to buy new or used, you have every reason to be excited about the Kia SUV lineup. Get to know each of your options by reading on and start to determine which model is right for you. Then, come visit your local Royal Automotive Group dealership and test drive your favorite models today! Explore…

  • What Features are in the 2019 Kia Optima Interior?

    Kia is known for packing tons of standard features into their affordable, reliable vehicles, and the 2019 Kia Optima is certainly no exception to the rule. So, for a starting price of $22,990 MSRP, what can you expect from the Kia Optima interior? Just for starters, you’ll receive the Kia UVO infotainment system, spacious, supportive…

  • Tips on Shopping for a Used SUV

    Choosing to buy a used SUV is a great choice for Oro Valley area drivers. You get all of the capability, versatile cabin space, and safety you expect from an SUV at a low used car price. Here at Royal Automotive Group we carry a fine selection of used SUVs from a wide variety of automakers, all in…

Posted in Finance