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While it may be a bit more difficult, it is possible to finance a car with no credit! Learn more about no credit car loans, financing a car with bad credit, and find other car financing tips with us at Covert Chrysler Dodge Jeep Ram before making your way to our finance department for a loan of your own.
When you’re financing a car with no credit, you’ll have to keep in mind that the down payment may be more than the average and the interest rates may be higher. Be sure to figure out a budget and leave some wiggle room. A few things to keep in mind when financing a car with no credit include:
Your credit score can take a real hit when you submit multiple applications over a period of time. In order to minimize the damage, as mentioned above, submit each application within a 14-day period. In the meantime, or even before you start applying, try to boost your credit score. You can revive your credit score by using a credit card on small things and immediately paying them off. You’ll have a good credit score in no time at all.
The finance team at Covert Chrysler Dodge Jeep Ram can help you obtain the bad credit car loan that’s right for you and your financial situation today! Learn more about our bad credit car financing options, leasing options, and more. Or if you’re ready to get the process started before you come in, apply for financing online. We’d be happy to walk you through the pros and cons of leasing vs. financing. Contact Covert Chrysler Dodge Jeep Ram in the meantime with any questions.
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It’s about time you embraced your outdoorsy side with a vehicle that will go above and beyond in just about every way. The iconic 2021 Jeep® Wrangler has remained a go-to SUV for adventurous souls for many years and its legacy continues with modern enhancements. Visit our experienced Dodge dealer Austin team at Covert Chrysler…
Whether you have a job that requires you to haul heavy loads or are looking for a vehicle to tow your summer toys, RAM trucks have the strength and capability you need. Our dealers at Covert Chrysler Dodge Jeep® RAM are excited to explore the latest models and available features with you. Look to our…