Bad Credit Auto Loans in Athens (AL)

Whether your credit is good or bad, getting a car financed can be a confusing process, but we’re here to help you each step of the way. The benefits of our platform are significant:

  • Comprehensive Network of Lenders
  • Hassle-Free Online Application
  • No Fees, No Obligations
  • Good or Bad Credit Approved
  • Convenient Status Updates

This is how the process works:

  1. Apply online.
  2. Check your application status through our members’ area.
  3. Speak with your lender rep about your rate of interest and conditions.
  4. Sign your agreement.
  5. And lastly, buy the car you want from a dealer in the area.

Join the many other Athens residents who’ve used these steps to get the car or truck they want! Apply Now!

Bad Credit Car Dealerships in Athens

Credit ratings of 620 or less are often considered subprime or poor credit, but our system is the perfect choice for consumers with weak credit. We have dealers and lenders who accept low credit, and they would love to fund your loan. Yes, your rate of interest would be lower if you had a credit score of 700 or higher, but that just comes with the territory. And, as you may know, a paid-as-agreed car loan will increase your credit score. So let us find you a lender or dealership who funds car loans for people in Athens with bad credit.

Factors like credit and income have an impact on how much you’re eligible to borrow. The following table details how much individuals of different credit scores can finance, based on the average monthly income in Athens, $2,412. Remember, these are only estimations.

Credit Rating Income Factor Amount Borrowed
Good Credit 10 $24,120
Average Credit 9 $21,708
Slow Credit 8 $19,296
Poor Credit 7 $16,884
Very Bad Credit 6 $16,884

Keep in mind, these are just approximations. For an accurate quote, you must submit your application.

FICO score of 700 or better? If so, you probably won’t need to provide a down payment. However, it’s considerably harder for people with less-than-perfect credit. That’s because consumers with problematic credit are much more of a risk for the finance company. Non-payment is more likely, and a down payment makes certain that at least a percentage of the vehicle has already been paid for in advance. Don’t have a down payment? That’s okay. We’re able to get many loan-seekers an approval anyway.

We help consumers get financed each and every day, despite issues with their credit and down payment. Get approved today!

Buy Here Pay Here Dealers in Athens

In Athens, buy here pay here dealerships are increasing by leaps and bounds, due to the recession. Consumers who have been unable to secure financing due to serious credit problems often turn to car lots like these. They approve people with issues like open bankruptcy, foreclosure, or repossession within the last year.

Having said that, most buy here pay here dealerships can’t help people rebuild their credit. In most cases, it is better to apply online through us, so we can find you a car loan in Athens that has better rates and terms.

Athens Consumer Profile

Here are average statistics for Athens residents.

  • Gross Earnings: $2,412 Monthly
  • Average Monthly Payment: $265 (11% of Income)
  • Suggested Monthly Payment: $193 to $241 (8%-10% of Income)

Curious about the credit ratings of your friends and neighbors? We have estimated how many Athens residents fall into each credit tier.

FICO Score % of Population Residents
300-499 2% 846
500-549 5% 2,116
550-599 8% 3,386
600-649 12% 5,078
650-699 15% 6,348
700-749 18% 7,618
750-799 27% 11,426
800-850 13% 5,502

Your credit rating will primarily determine your rate of interest. However, as long as you have sufficient income, we can often find a dealer or lender for you, even if you need a car loan in Athens for bad credit.