How To Get a Car Loan With Bad Credit

Finance Paperwork with Glasses


If your credit has taken some hits, you’re not alone. At Dick Hannah RAM we get questions about how to get a car with bad credit. If you’re looking for a bad credit car loan, our finance department can help! Take a look at our guide to how to get a car loan with bad credit, and start getting your finances ready.



How To Get a Car with Bad Credit

It’s possible for Portland drivers to get a bad credit car loan at Dick Hannah RAM. You can work with our finance professionals, who’ll make the process easy and judgement-free. The first step is to apply for financing with us. You’ll get a pre-approval with the amount of your loan and your interest rate. This information is what you need to start shopping for a new or used car. Once you’ve chosen your vehicle we’ll work with you on devising a payment plan that works with your budget. If you’d like to get an idea in advance of what your monthly payments will be, use our online payment calculator at home in Beaverton.

Steps To Take To Get a Bad Credit Car Loan

Now that you know the basics involved in how to get a car loan with bad credit, let’s take a closer look at the details in obtaining a bad credit car loan.

  • Determine your budget: You’ll need to include more than just your loan approval amount. Consider other expenses that go into owning a vehicle: insurance, registration fees, maintenance, and fuel costs.
  • Make a bigger down payment if possible. The more you’re able to pay as a down payment, the better. This impresses lenders, and it also reduces the amount of money you’ll have to borrow in what might be a higher-interest auto loan. Having a vehicle to trade will help.
  • Try to clean up your credit report before applying for a loan. First of all, make sure everything on your credit report is correct. Don’t let mistakes ruin your credit! Second, make sure you’re making on-time payments on your debts. Even a small dent in your debt or a short record of on-time payments can help your bad credit auto loan.
  • Be honest about what kind of car you should buy. This isn’t the time to shop for your dream car, but one that fits your budget in Hillsboro. Buying a car you can realistically afford now is likely to make it possible for you to get that dream car down the road. If you make all your payments on your new vehicle on time, your credit score will improve.
  • Shop around with lenders. You don’t have to take the first offer that comes your way. Shop around by applying with a handful of lenders because you might get a better offer.

Learn More About How to Get a Car with Bad Credit at Dick Hannah RAM

Now that you know the basics about how to get a car loan with bad credit, turn to Dick Hannah RAM to get your next car! Contact us with your questions about how to get a car with bad credit, then take a look at our budget vehicles.


More from Dick Hannah RAM

  • 2023 Chrysler 300C Preview

    For many years the Chrysler 300 has been a perennial favorite among Portland sedan drivers. Its powerful engine, sophisticated interior, and unmistakable exterior design has never stopped turning heads and making every trip feel like something special. That said, even a classic sometimes needs to say goodbye, and that’s just what Chrysler is doing with…

  • 2022 RAM 2500 Price & Trim Levels

    If you’re interested in a powerhouse new pickup truck in the Portland area, consider the all-new RAM 2500! This heavy-duty pickup is ideal for drivers who want all the features of the legendary RAM 1500 along with a bit of extra performance power. You can pick from five trim levels when shopping for a 2022…

  • 2022 RAM 3500 Price

      The RAM 3500 is the top-level non-commercial RAM truck you can buy, offering best-in-class torque and towing with the available high-output diesel engine. The RAM 3500 shares many features with its lighter-duty cousins, the RAM 1500 and 2500, but takes the performance specs, off-road capabilities, and much more to the next level! Whether you’re…

Saved Vehicles

You don't have any saved vehicles!

Look for this Save icon

Once you've saved some vehicles, you can view them here at any time.

Dick Hannah RAM 45.646640, -122.600040.