Get Pre-Qualified

Bad things happen to good people. Here at Premier Honda, we want to give buyers the opportunity for a second chance with financing for all types of credit. Even if you’ve had financial struggles in the past or you’ve been turned down for loans with other lenders, we will work with you to get approved for a bad credit car loan.

What Is A Bad Credit Car Loan?

A bad credit car loan, also known as a subprime loan, is designed for people who have had financial problems, such as late payments or collections. These loans come with higher interest rates but flexible terms and affordable monthly payments.

Our finance team will work with you to get approved and get into a vehicle you can afford. We look at more than just your credit score. We also consider your employment history and income as well as your debt-to-income ratio and how much you want to borrow.

Once you’re approved, you can begin looking at our selection of pre-owned vehicles that fit into your budget. We have something for everyone, from sedans to coupes to SUVs.

Why Get A Bad Credit Loan?

You may wonder why you should apply for a bad credit loan. One of these loans allows you to get into a reliable vehicle even though you don’t have excellent credit with payments you can afford. This type of loan also helps you rebuild your credit with on-time monthly payments.

After paying on your loan for several months, you may qualify for refinancing at a lower interest rate. You could even get approved for a brand-new Honda.

How Does The Process Work?

You can get the process started from home by filling out the online application to get pre-approved. Once we have your application, we’ll review the information and let you know how much you’re approved for.

You can use your current vehicle as a down payment. In many cases, you may not need a down payment at all.

Bad credit financing gives you the opportunity to get into a vehicle right away. You can get financed even if you’ve had some major difficulties in the past, such as:

  • Numerous late payments
  • Delinquencies and collections
  • Repossessions
  • Divorce
  • Foreclosure
  • Bankruptcy

Don’t let bad credit hold you down. Go online and check out our vast selection of used vehicles. You can even know how much you will have as a down payment. Check out the payment calculator to estimate your monthly payments and figure out how much you can afford with your budget.

Don’t let past mistakes hold you back or keep you from applying for a car loan. You don’t have to be embarrassed by your credit. Let Premier Honda help you rebuild your credit with a second chance. Contact us today or fill out our online application for fast pre-approval today.

Drive away in your vehicle from Premier Honda with bad credit financing and terms that fit your needs.