Bad Credit Financing Assistance for Portland, OR, Car Buyers
Tonkin Gresham Honda Proudly Offers Alternative Financing Solutions
If you're shopping for a pre-owned Honda around Portland, Oregon, and require financing to get you into your next vehicle, then Tonkin Gresham Honda is here to help. We serve all local motorists with financing assistance, including those with sub-prime or bad credit scores.
Applying for bad credit financing can be stress-free when you choose to team up with our Troutdale, OR, dealership's in-house finance department. Our seasoned auto loan specialists will assist you every step of the way, from the initial application and review process to determining viable loan packages and working out affordable monthly payments.
We welcome you to learn more about sub-prime auto loans and how our finance center can help you upgrade to a quality used car even if your credit rating is less than perfect. Remember that you can always reach out to our finance folks with questions before, during or after you submit a loan application.
What are Bad Credit Car Loans?
A bad credit auto loans is an alternative financing solution for car buyers who otherwise would not qualify for financing through traditional lending. A driver's credit score is a key factor in determining auto financing eligibility, so if your credit rating is lower than average, you could find yourself seeking sub-prime auto loans.
Whether you're looking to rebuild your credit score or your rating has just recently taken a hit, a bad credit car loan could be your answer to upgrading to a quality car while improving your financial situation over time.
What to Consider When Applying for Sub-Prime Auto Loans
Your credit score isn't the only factor at play when you apply for bad credit financing. When you work with the car finance experts here at Tonkin Gresham Honda, we'll review several aspects of your application to determine your eligibility for a used auto loan.
Our finance staff will review your:
- Credit history
- Debt-to-income ratio
- Available down payment
- Any vehicle trade you may have
- The type and price of car you want to finance
Since your credit rating will come into play, we advise you to obtain the latest copy of your credit report so that you can get an accurate picture of your score. That way, there won't be any surprises once you apply. Providing a greater down payment can also improve your chances of approval, so consider if you'd like to trade in your current car to help you get into your next vehicle.
Our Hassle-Free Financing Process Starts Now
Our dedicated finance department has worked with Beaverton, OR, area drivers facing all sorts of setbacks, including:
- Missed payments
So don't hesitate to apply for auto loans here at Tonkin Gresham Honda, even if you are concerned about your credit score. We'll work to locate affordable financing options on your behalf. Our team can also go over your credit rating and the factors that contribute to it so you can begin repairing financial and credit standing.