Jersey Wheels

When it comes to finding the best car loan, a good credit score goes a long way. But if you’re like many Americans who have hit a financial rough patch – with a dented credit score to match – you may need to explore bad-credit auto loans if you want to buy a car. A poor credit score will make the financing process a bit more difficult (and expensive, in the form of higher interest rates). But with a bit of planning, research, and careful management, you can find a car loan that fits your situation and even helps you improve your credit going forward. With a bad credit score, you’re unlikely to qualify for those sweet “1.9% APR” financing offers dealers advertise on TV. But because auto loans are relatively small and secured with collateral — meaning the lender can repossess your car if you don’t pay up — it’s easier to find an auto loan when you have bad credit than to qualify for other loans.