How Can I Build Credit with a Car Loan?

Life comes at you fast, and maybe you have found yourself in a situation where your credit score took a hit. We understand; it happens! This doesn’t mean you have to kiss your new car dreams goodbye. If you’re looking for a bad credit car lot in Kansas City, Auto Now is your perfect choice, and we are with you every step of the way to help you drive away in your next vehicle and get you approved for a car loan.

Why Do You Need to Build Credit?

First and foremost, why do you even need to have a credit score? Many places like home mortgages, apartment complexes, and insurance companies use credit scores to determine if you’re reliable to make monthly payments. If your credit score is low or non-existent, companies will probably deny you any financing or approve you for very little. A good credit score makes the process of taking out a home loan, auto loan, or credit card much easier. If you have a particularly bad credit score or zero credit, this may be an important financial goal for you.

Credit scores impact car loans too, but at Auto Now, we work to make it possible to get a car loan with bad credit. Building good credit tends to take a long time, and there are not many shortcuts to doing it. However, using a car loan is a good way to boost up your credit, so long as you are making your payments on time. So if you’re looking to build or repair your credit, here’s how you can do it with a car loan.

Find the Right Car Lot

The first step is finding the perfect car lot that will work with your current credit score, no matter how low. Just because you have bad credit doesn’t mean you should be treated unfairly or turned away. If you walk into any regular car lot, that may be the case. Buy Here, Pay Here car lots like Auto Now are the way to go if you need a car but don’t have the credit or a co-signer to get one. When you walk into Auto Now, we aren’t scared of your credit and promise to do everything we can to help you and your family get into the right vehicle.

Speaking of vehicles, you will want to ensure that you’re selecting the right vehicle once you’re at the car lot. If you have bad credit and are having trouble getting approved for a high financing rate, you need to make sure you are buying a car that you will afford. After all, if you cannot afford to make the payments, then you will not be able to build your credit. Make sure the vehicle is in good condition, reliable, and the right size for your family. Auto Now makes sure that you will be safe when out on the road no matter what car you choose from our lot.

Find Your Loan Quickly

At Auto Now, we pride ourselves on getting our customers approved and financed quickly without much fuss. Auto Now is a Buy Here, Pay Here dealer, which means less work for you and less time at the dealership figuring out your loan.

If you have faced a financial struggle that affected your credit, there’s no need to “shop around” other dealerships to get approved. Make Auto Now your first and only stop to get approved for your auto loan. You buy your car from us, then pay us directly for it.

Our loans usually require you to pay make on-time payments. Remember, this isn’t a quick fix. The best part is, you can accomplish all of this here at the top bad credit car lot in Kansas City. So whether you have bad credit or no credit, you can use these steps to begin building your credit and achieving your financial goals.

Does This Work if I Have Zero Credit?

Maybe you don’t have bad credit, but you just have no credit. Can you still get a vehicle with AutoNow. Most dealerships will require you to have a cosigner if you don’t have any credit, but at places like Auto Now, you can buy a car all on your own.

Come visit Auto Now today, and we’ll help you not only find your next vehicle but do all we can to make the car loan process hassle-free for you and your family.