Finding your next set of wheels is an exciting process. Is your bad credit holding you back from starting your car-buying journey? At Norm Reeves Honda Irvine, we help drivers with all different credit get behind the wheel.
Our team can help you find a bad credit car loan near Irvine, California, so you can get the vehicle you need. Read on to learn more about our services, and then reach out to us!
As you begin the car-buying journey, a great first step is to determine where your credit is. Your credit score is determined by a number of factors, including payment history, credit history, and amounts owed. There are several categories when it comes to credit scores, ranging from excellent credit to bad credit.
The credit range can be broken down into the following categories:
Understanding where your credit falls on this scale can help you during your car purchase. This is especially important when applying for an auto loan. If your credit isn’t where you want it to be, our team can help go over your options!
Our dealership is proud to help drivers get the car they need, no matter what their credit score is. However, if you do have bad credit, there are a few things you can do to help improve it over time. Some of those habits are:
You can start to build good credit through these habits. Another way to help boost your credit is through a car loan! As you make your car loan payments in a timely manner, it can greatly improve your credit in the long run.
As you apply for a bad credit car loan, our finance center is here to assist you through every step. Our experts have worked with a range of credit, and they have the knowledge to help you.
First, consider the type of car you want. Our dealer is fully stocked with the latest Honda models, and we also carry a number of reliable used Honda cars, trucks, and SUVs. You can also browse our new and used vehicle specials to see if we have one that matches your needs. We keep these specials rotated, too, so be sure to check back regularly.
Another great resource we have is our online Finance Application. When you’re ready, complete this secure form so our financiers can get to know you before you visit us. This also gives our team a chance to gather your options to go over when you do come to the dealer.
Yes, having bad credit does not automatically mean you cannot apply for an auto loan. According to Experian, there is no universal minimum credit score required for an auto loan. Lenders may also consider factors such as the amount being borrowed and the size of the down payment when evaluating an application*.
Credit-score classifications can vary depending on the scoring model. Rather than focusing only on whether your score is considered “bad,” it can be more useful to understand your complete credit profile and financial situation before applying for an auto loan.
A low credit score does not necessarily prevent you from exploring Honda financing. The vehicle you choose, loan amount, income, down payment, credit history, and other factors can all influence the financing options available to you.
Are you ready to begin your buying journey? Norm Reeves Honda Irvine is excited to assist drivers with our bad credit car loans near Irvine, CA. Contact us today to learn more!
*Source: Experian.
