If you have bad credit, you may think your chances of getting approved for an auto loan are slim. But at Klick Lewis Chevrolet in Palmyra, PA, we work hard to help customers in all credit situations get the financing they need. The Credit Doc is dedicated to finding you real auto financing options, regardless of your credit history.
Understanding Bad Credit
Bad credit generally refers to a FICO score below 670. A low credit score can result from late payments, high debt levels, collections, or other negative marks on your credit report. Many traditional lenders view bad credit as too risky and are hesitant to approve loans. But there are still options available.
We regularly work with customers near Manheim who are worried that their bad credit will make it difficult to receive an auto loan. Our finance experts have relationships with a wide network of lenders, including ones that specialize in subprime loans for people with challenged credit.
Subprime Auto Loans near Pinegrove
A subprime auto loan is designed for car buyers with bad credit. These loans tend to come with higher interest rates than traditional loans to offset the increased risk for the lender. However, they offer a way for people to get into a reliable vehicle now while they work on improving their credit for the future.
We also frequently help customers from the Harrisburg area get approved for subprime financing. By making consistent on-time payments on your subprime auto loan, you can boost your credit score over time and potentially refinance to a lower rate down the road.
Are You Ready to Buy?
If you're in the Manheim area, consider our extensive new inventory or our used inventory as a more affordable alternative to a brand new car. We offer a wide selection of high-quality pre-owned vehicles, many of which are priced under $15,000. That's affordability and reliability, two reasons why buying used is a smart financial move for shoppers in the area.
Klick Lewis Chevrolet
No matter what your current credit situation looks like, the Credit Doc at Klick Lewis Chevrolet is here to help. Visit our dealership near Hershey and let us connect you with the financing you need to drive home happy in your next vehicle. With our expert guidance and flexible options for bad credit, we'll work hard to make your auto ownership dreams a reality.