Subprime Auto Financingin Baldwin, WI
Do you have bad credit? Or maybe you’re a first-time car buyer who hasn’t established much of a credit score yet? Here at Flagship Ford, our auto financing experts are adept at helping car shoppers like you! We work with all kinds of credit and can pair you with a subprime loan or Ford financing plan that works with your budget.
Plan a visit to our Baldwin Ford dealership to peruse our inventory of new and used cars for sale. Once you find your top pick, our financing specialists will work with you to secure subprime financing that will help you re-establish your credit score. We’ll also show you any new Ford specials or used car incentives that you’re eligible for!
Subprime Financing FAQs:
01
Who qualifies for a subprime loan?
Subprime car loans are typically for car buyers that have bad credit. Subprime loans tend to come with higher interest rates since lenders view the loan as higher risk. However, they’re a good way to build your credit score back up if you make payments on time.
02
What credit score do you need for a car loan?
Typically, car buyers need a credit score of at least 600 to qualify for a car loan. However, our team of Ford finance experts will work with you to find a suitable auto loan even if you have poor credit. It is still possible to get a car loan with a credit score in the 500 range, it will just come with a higher interest rate. We’ll help you compare auto loan terms and payment plans to find the right solution for you.
03
What is a good credit score for a first-time car buyer?
Many first-time car buyers don’t technically have bad credit, they just don’t have much credit history for lenders to look at. This means that lenders will typically approach first-time car buyers as high-risk borrowers. Here at our local Ford dealer, we help many first-time car buyers with a low credit score and no credit history secure a car loan that works for them. In many cases, first-time car buyers can have a co-signer help them secure the auto loan with favorable terms. We’ll help you navigate all of those details!
04
Why finance through Flagship Ford?
When you apply for financing at Flagship Ford, you’ll have the opportunity to leverage the deep industry knowledge of our expert team. We’ve worked with car-buyers with bad credit and helped them find a car loan they can afford, so they can build their credit score back up. We’ve also worked with many first-time car buyers that don’t have much credit history to work with yet.
Bad Credit Financing Near Me
Re-establish your credit score with a subprime car loan today at Flagship Ford, or speak with our auto financing specialists about our current new car specials and used vehicle offers. We’ll help you navigate the auto loan process and provide the assistance you deserve to buy the vehicle you need!