What if I owe more on my trade than it is worth?
Because all vehicles depreciate most people who are currently financing and making the minimum payment will be backwards on their trade. This difference is called negative equity and for qualified buyers can be rolled over into the new finance application. If you don’t owe money on your trade you can use it as money down to reduce your payment. Contact us for details or start the process by applying for credit using our simple, confidential form.

Can a Car Loan rebuild Credit?
Vehicle loans report monthly to the credit bureau. Generally car loans help established credit faster than a credit card can and the amount reporting is higher. You would be showing future lenders that you can handle this level of debt. Many people who are looking to rebuild their credit will start out slow and try to have credit card limits increased over time and this does help but takes years to get to the same level of credit. Contact us for details or Apply

Do I Need a Co-Signer?
Co-signers are generally a good idea. A co signer brings their strong credit to the table allowing you to have better terms and conditions. Because they are responsible in the event you default the bank will give a lower interest rate or longer finance terms as the risk to them is considerably lower. 

Will I need money down?
Money down on a car loan is not always necessary but always recommended. The majority of people we approve do not require a down payment unless the vehicle they are interested in purchasing is over the amount of money the lender is willing to extend to the customer. For example if you want a $20k used truck and the lender has approved you for 17k then you would need to either look for a lesser priced vehicle or put the difference as a down payment..