Let’s make it easier to obtain a car loan in Helena, AR. Loan companies and car lots that finance bad credit in Helena have implemented more stringent approval guidelines nowadays. Of course, this is especially a concern if you have special needs like a history of foreclosure, late payments, insolvency, or poor credit. But at Auto Loan Arkansas, we have relationships with several dealers who are currently offering auto loan financing in Helena. If you would like an auto loan, all you need to do is fill out this simple pre-approval application. There are absolutely no obligations.
- Average Helena Income: $1,660 Monthly
- Average AR Credit Score: 668
For the best chances of acceptance, you have to have:
- Wages In Excess Of $1500 Per Month
- No Less Than A Year Of Employment
- Existing Debt No More Than Half of Income
Even when you don’t satisfy these prerequisites, you may meet the requirements with a co-buyer, larger down payment, or through buy here pay here car lots in Helena, AR.
Used Auto Car Loans: Helena (AR)
Have you budgeted for this new car? In most cases, experts suggest you spend only 18-20 percent of your monthly income for stuff like:
- Monthly Payments
- Repairs and Maintenance
If you make $19,915 per year, the Helena average, this means $299-$332 each month. Additionally, you might want to get a cheap car that returns good fuel economy. Quite often, obtaining a used auto loan in Helena, Arkansas is the better plan. Used cars and trucks are more affordable to purchase, and they lose value less quickly than brand new autos.
Bad Credit Auto Finance in Helena (AR)
Buying a car when you have bad credit was never this simple.
Nobody likes to have their credit rejected. We can help. If you make more than $1500 monthly and enjoy a debt vs income ratio of 50% or less, you have a very good chance of qualifying.
Obviously, bankruptcies and repossession can be calamitous for your credit ratings. Tracking down an auto loan after bankruptcy will not be simple, but it isn’t unfeasible. It may not be easy, per se, but we can help you find loan creditors who offer auto financing for folks with bankruptcy and other problems in Helena, AR. Keep in mind, it normally takes 7 years for bankruptcy to vanish from your credit rating. The vast majority of loan creditors won’t approve a car loan until the bankruptcy is two years old.
Getting a Car With No Credit Check in Helena (AR)
Countless AR buy here pay here car dealers enable you to finance a car without any credit check, but this diminishes your ability to improve your credit history. These dealerships are often recognized as:
- Bad Credit Dealerships
- Tote The Note Dealerships
- Your Job is Your Credit Dealerships
- In House Financing Car Lots
- We Finance Car Lots
These types of car loans will often be granted with no credit check. Regrettably, they have some significant disadvantages. The interest rates and down payments are substantial, and you will have little chance to rebuild your credit through such an establishment.
Remember to research any AR in house financing car dealership online. Attempt to track down someone who has bought a car or truck from them recently. Ask them whether or not they would recommend them.
Dealer Auto Loans: Helena (AR)
- Kelley Bill Used Cars, Old Little Rock Road & 72342
- West-Hornor Toyota, 316 Perry St 72342