Auto Loans in Antioch (TN)

At Tennessee Auto Finance, we find you the loan you need in less time, with less hassle. Each and every bank, dealer, or finance company has their own approval requirements, so it’s very important to find one that matches your needs. When you apply online, we’ll find you a lender based on location, income, credit profile, and other factors.

Auto Loans for Bad Credit in Antioch

Bad credit? Don’t worry. We enable you to find the loan you need, even if your credit history is less than perfect. There are six principal credit tiers when it comes to auto financing, and we work with companies that support each of them. Let us find you a lender or dealer in Antioch that finances bad credit – online! Apply Online!

Do I Have to Put Money Down?

No down payment? Often, this won’t prevent you from getting approved. Having said that, a down payment gives you considerable benefits:

  • Reduces the length of the loan, meaning less paid in interest.
  • Lowers monthly payment.
  • Safeguards against negative equity.

That said, you no longer need a down payment to get pre-approved. Just indicate your down payment amount on your application, and our system will find you a dealer, bank, or finance company who’s willing to work with your down payment, or lack of one.

How About Buy Here Pay Here Financing?

Buy here pay here financing is sometimes referred to as:

  • We Finance
  • Rent to Own
  • Tote The Note
  • Your Job is Your Credit

These dealers work with consumers whose credit has been declined by traditional lenders. Sure, the interest rates are higher, but there are few roadblocks to getting approved.

Credit and Income: Antioch

Your FICO score is only part of the picture. Loan companies look at your income, employment history, and individual credit history.

Listed here are average stats for residents of Antioch.

  • Gross Income: $1,919 Per Month
  • Average Car Payment: $211 (11% of Income)
  • Suggested Car Payment: $154 to $192 (8%-10% of Income)

If you have a bad credit score, you’re not alone. This chart depicts how many people in Antioch are in each credit tier.

FICO Score % of Population Residents
300-499 2% 1,027
500-549 5% 2,567
550-599 8% 4,107
600-649 12% 6,161
650-699 15% 7,701
700-749 18% 9,242
750-799 27% 13,863
800-850 13% 6,675

Don’t worry if you’re credit isn’t perfect, we can help virtually any borrower who has an income of $1500 per month or more, regardless of their credit score.

Ready to get financed? It’s easy to apply online.