Bad Credit Auto Loan in Savannah
Are you in the market for a new or used car but you have bad credit? Don't worry. Getting a bad credit auto loan in Savannah is easier than ever.
During the worst of the economic recession, stringent loan requirements shut out many buyers with poor credit. Experian Automotive recently performed a credit analysis that found that more buyers with poor credit scores are getting approved for auto loans.
Bad Credit is Not a Problem
There is great news for those who want or need a new or used car. According to the first months of the year, this is what is happening in automotive financing:
- Interest rates on new cars are the lowest they have been in three years.
- Buyers are getting approved for bigger loans.
- Lenders are doing what they can to make the monthly payments lower. Low interest rates combined with longer loan terms can make payments more affordable.
- The changes in attitudes towards lending are being fueled by the fact that more buyers are paying back their loans.
Just because your credit isn't perfect, doesn't mean that you can't get into a car. At Savannah we help people get approved for a bad credit auto loan. Our finance department has relationships with many lenders and can get you on the road in a car that you are sure to love.