Bad Credit Auto Loans in Vienna (VA)

Need an auto loan? We can help. The advantages of our platform are myriad:

  • Apply just once, and put your application in front of multiple dealers
  • Instant placement for most candidates
  • Bad or no credit seldom a problem

Just apply online, and we’ll begin working to get you the car loan you need.

FICO score of 620 or less? This is typically deemed subprime or “bad” credit, but our system is an excellent choice for people with less-than-perfect credit. There are three individual credit tiers into which “bad credit” applicants fall, based on their particular credit score:

  • Tier 3/C: 580-660
  • Tier 4/D: 520-580
  • Tier 5/F: 250-520

No matter which tier you are in, we have lenders that want to give you a second chance at financing. It is true that low credit scores result in increased rates of interest, meaning it’s vital that you finance an inexpensive vehicle with affordable payments. Let us get you approved by a bad credit car dealership in Vienna – and also, since we’re reimbursed by the dealers for referrals, it’s free! Apply Online!

How Much Can I Finance?

The chart that follows shows how much you can borrow, based on a monthly income of $6,521, the average in Vienna. These amounts are just estimations. You may be eligible for a different amount. Speak with your vehicle finance specialist for more information.

Credit Rating Income Factor Loan
Excellent Credit 10 $65,210
Average Credit 9 $58,689
Slow Credit 8 $52,168
Bad Credit 7 $45,647
Horrible Credit 6 $45,647

Again, these are only estimations. For a precise quote, you must submit your application.

No Money Down Auto Loans in Vienna?

No down payment? Not a problem. However, providing a down payment is a good idea for a number of reasons: it minimizes your payment per month, the amount of total interest, and problems with negative equity. An ideal down payment would be 20% for a new vehicle, and 10% for a pre-owned one.

Nevertheless, you don’t need a down payment to get pre-approved. Submit your application. We’ll work tirelessly to connect you with a lender who can approve you, zero down payment needed.

Keep in mind that buy here pay here dealerships consider down payments a requirement. These dealers approve car loans directly, rather than outsourcing this to banks or finance companies. The loan rates are steep, but approval often is guaranteed.

Vienna-Specific Financial Profile

Banks, dealers, and car loan lenders are worried about a lot more than just your credit score. Loan companies look at your ability to pay (income), employment history, and individual credit history.

Listed below are some average statistics for Vienna residents.

  • Pre-Tax Income: $78,247 Per Annum
  • Average Car Payment: $717 (11% of Income)
  • Suggested Monthly Payment: $522 to $652 (8%-10% of Income)

Ever wondered about the credit scores of your community as a whole? We’ve estimated how many Vienna consumers are in each range of FICO scores.

FICO Score % of Population Residents
300-499 2% 1,496
500-549 5% 3,739
550-599 8% 5,982
600-649 12% 8,973
650-699 15% 11,216
700-749 18% 13,460
750-799 27% 20,189
800-850 13% 9,721

Don’t worry if you’re credit isn’t perfect, we can help nearly any borrower who earns $1500 or more per month, no matter what their credit score is.