Car Loans
Bad Credit
Automobile Financing for People with
Bad Credit No Credit Bankruptcy No Money Down
Fast Automobile Financing Nationwide
4 Step Car Loan Application Process
Enter Your Location
Select your country and enter your zip code to begin the application.
|
Submit Application
Fill out the easy one-
page application form with your information. |
Discuss Options
A specialist will contact you and go over your financing options.
|
Close Your Loan
Once loan options are determined, pick your car and close the loan.
|
Drivers Lane is not a direct car loan lender or a buy here pay here dealer. We don't refinance existing cars
or assist with bad credit car loans for purchases from private parties or non-affiliated dealers. All auto loan
applications are processed by our extensive network of leading area auto dealers and their bad credit
automobile financing companies. View our Frequently Asked Questions to learn more about our service.
"Drivers Lane was great! They treated me with respect and dignity. Not once did I feel inferior due to my financial situation."
Maryann R.
Tampa
Tampa
In addition to helping people get car loans for bad credit, Drivers Lane offers a wide variety of useful tools and resources
to help you every step of the way when looking to buy a new or used cars. Feel free to browse through our Terminology section
and vast array of financial articles. Use our free finance calculators to estimate how much you can afford, what your
payments could be, and a variety of other facets regarding financing. Visit the New / Used vehicle sections and get a price quote on
any new automobile or search for used automobiles nationwide. To see if our service is available in your area visit our dealers section.
What's the Difference Between Our Service and a Conventional Auto Dealer?
DriversLane Dealer
- Hassle-free applicatin process: Complete the free application in moments from the comfort of your home to get pre-qualified.
- Bad credit financing: Our dealers work with lenders who specialize in funding loans for applicants with credit problems, including bankruptcy and repossession.
- Outstanding customer service: It is our goal that you drive away happy. Our friendly dealer associates are eager to help you.
Conventional Dealer
- You may have to drive from dealership to dealership, applying for financing at each one, accumulating multiple credit report inquiries.
- Limited funding capabilities: Conventional dealers work with conventional lenders, who often do not want to deal with applicants who have credit issues.
- High pressure sales atmosphere: Old-fashioned dealerships are worrying more about their bottom line than your satisfaction.
Basic Financing Requirements
- At least one year at the same employer for those with no credit rating.
- At least two years of employment history for those with some kind of credit history.
- Minimum monthly gross income of $1500.00.
- Money down may be required, but is not necessary in every case.
- No repossession within the last 12 months unless included in a bankruptcy.
- No motorcycle or private party purchases.
- Must reside in the United States or Canada.
Customer Testimonial
"The special finance manager was extremely busy, but was always extremely
courteous and pro-
fessional. It was a
pleasure doing bus-
iness with my local
Drivers Lane dealer."
courteous and pro-
fessional. It was a
pleasure doing bus-
iness with my local
Drivers Lane dealer."
Matthew K.
Auto Loan Terminology
Credit Counseling
A process where a third party negotiates with creditors and establishes a payment plan on behalf of the debtor. The fact that a person is in credit counseling is usually reported to the credit bureaus and is listed on the credit report.
Frequently Asked Questions
Will inquiries effect my credit rating?
If you're shopping around for auto loans you should know that when creditors check your credit it places an inquiry on your credit report. Inquiries can add up, which is often interpreted negatively by creditors. For this reason, too many inquiries can actually make getting an auto loan more difficult.