Buy Here Pay Here Bloomington, IN

There are a many ways to get a good deal on a used car loan if you have good credit. Beyond calling or visiting your local bank or credit union, there are many websites that allow car buyers to view rates of different lenders and automotive finance companies. To find out if you have good credit check your credit score. Once you know your credit score, you'll know if you qualify for a used car loan from a direct lending source such as a bank or credit union, or if you need a subprime car loan. A score below 640 indicates a subprime loan while a score above 640 usually qualifies you for a fair or good credit auto loan. Fair or good credit car buyers are usually able to shop around for competitive rates. If, however, your credit score is low your will need auto loans for people with bad credit, however, the process is different. Most direct lenders do not lend money to people with subprime or bad credit. On the other hand, indirect lenders do. Indirect lenders are only available when you finance your purchase directly at the dealership. In addition to indirect financing, our member dealers also offer inhouse auto financing for people with really bad credit as long as they have a job and a cash down payment.