Bad credit, no credit or a past bankruptcy does not have to stop you from getting a car. A car loan that you pay on time every month is one of the best ways to build or rebuild your credit score.
How a car loan helps your credit
- Every on-time payment is reported to the credit bureaus.
- A good payment history is the biggest part of your credit score.
- After a year or two of steady payments, many customers qualify for a better rate.
Tips to improve your chances of approval
- Have proof of income ready, such as recent pay stubs.
- A larger down payment or a trade-in lowers the amount you need to borrow.
- Choose a car and payment that fit comfortably in your monthly budget.
Send us a financing application and we will go through the options with you.
Last updated: November 5, 2026