How to Finance a Car With Bad Credit

Bad Credit Car Loans Harrisburg, PA

Contact Bob Ruth Ford
700 North US Route 15
Dillsburg, PA  17019
(877) 818-1593
Sales Hours
9:00a - 8:00p
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9:00a - 8:00p
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9:00a - 8:00p
9:00a - 5:00p

Bad Credit Auto Loans Harrisburg PA

Have you been looking for a car dealership near you that will finance a new or used car even if you have bad credit? Wanting to find car dealerships that work with bad credit in Harrisburg, Pa but are not sure where to start your search? If so then you need to head to Bob Ruth Ford near Harrisburg PA.

Here at this Ford dealership near you, we offer guaranteed auto loans for most credit situations. That is because we understand just how frustrating it can be to fall in love with that used F150 or new Ford Explorer only to find out that you do not qualify for financing.

Let our team of friendly and knowledgeable people help you apply for bad credit car loans in Harrisburg, PA. When you are ready to start your car buying process head to Bob Ruth Ford for guaranteed car financing in Harrisburg, PA.

How to Get Car Financing With a Low Credit Score

When it comes to financing and working with car dealerships that finance bad credit, it is essential to understand what a credit score is and what will be looked at when it comes to Ford financing bad credit here in Harrisburg, PA. Knowing what a credit score is and how it affects your financing is the first step in auto financing.

While it may seem like a complicated and scary thing, your credit score and how you gain credit is straightforward to understand. A credit score is a three-digit number that reflects how well you manage your credit. Most auto loan companies approve or deny a loan amount based on this number. Your score is based on your overall credit history, how much debt you have and your ability to pay it off promptly.

When you apply for financing whether it be for a bad credit auto loan or a standard car loan there are a few things that will be looked at before a decision is made. Some usual things that are reviewed when it comes to bad credit financing are:

  • Your Debt to income ratio

  • The type and price of the car you are looking to finance

  • How much of a down payment you offer

  • A detailed credit history

Once all of these things are looked over a Ford motor credit representative will get back to you about how much you pre-qualify for financing. When it comes to bad credit car loans, however, having a more substantial down payment will increase your chances of getting approved. If possible, we encourage buyers to have at least twenty percent down when purchasing a vehicle. Not only does this improve your chances of getting approved it will also lower your monthly payment amount.

Car Dealerships That Finance Bad Credit Near Me

Bad credit should not be what stops you from driving a safe and reliable car in Harrisburg, PA. Which is why here at this Ford dealership near you we offer guaranteed financing. That is because we understand that sometimes bad things happen to good people. Whether it be medical bills, divorce, or a layoff that causes you to slip on your credit score.

Here at this car dealer we will work with your current credit score and financial situation and will not judge you on past credit mistakes. This is why no one is flatly turned away. Instead, our team at the Ford credit center will investigate every possible option to make sure you are getting the best deal for your financial situation. However, if you are turned down for some reason, we will work with you and figure out a plan to get you back on track to where you need to be.

How to Improve Credit Score

If for some reason you are turned down for a bad credit car loan or are wanting to get your score higher but are not sure how we recommend starting out a few months ahead of when you are planning on financing a vehicle. Credit scores aren't updated more than once per month, and if you think your score needs help, you might need credit boosts several months in a row to get your score where you want it.

The best way to increase your score is to keep your balance low - simple, right? In short, if you have a $3,000 credit limit, try to keep your balance below 20% of that, or $600. It sounds extreme, but paying your balance off before it hits the 20% mark can have a remarkable effect. With this in mind, you can have a better understanding of how your credit score works and how it affects your ability to finance a new or used car here in Harrisburg, PA.

Ford Dealers Harrisburg

When you are looking for car dealerships that finance bad credit near you, be sure to stop by Bob Ruth Ford near Harrisburg, PA. Our team of friendly people is happy to answer any questions you may have about the Ford financing bad credit process. If you have questions, you need to be answered right away be sure to check out the frequently asked questions page chances are we have already answered it, or feel free to give us a call. When you are looking for a way to finance a car with bad credit head to Bob Ruth Ford at 700 North US Route 15 Dillsburg PA, 17019.
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