Auto Loans in Clarksville (TN)

Do you live in Clarksville or nearby Fort Campbell? Are you in the market for a new vehicle? From credit ratings to down payments, getting a car loan can be a stressful process, but we’re here to help you from application to approval. The benefits of our service are numerous:

Clarksville

  • Comprehensive Dealer Network
  • Hassle-Free Application
  • Zero Fees, Zero Commitments
  • No Down Payment Needed
  • Good or Bad Credit Accepted
  • 1-Hour Financing for Qualified Applicants
  • Online Status Updates

How The Process Works

Here is how the process works:

  1. Take a couple of minutes to complete our credit application.
  2. Check your inbox for your approval status.
  3. Have a discussion with your lender about your interest rate and terms.
  4. Send over any remaining paperwork.
  5. Go buy your vehicle.

Truly, there’s no simpler way to secure a car loan in “Tennessee’s Top Spot.”

Car Loans in Clarksville for Bad Credit

Has your credit been through the ringer? You aren’t the only one. Bad credit is widespread in northern Tennessee these days. Major contributing factors include the housing bubble, recession of ’08, rising unemployment, and Amercians’ increasing reliance on credit cards. No matter. Timely monthly payments on an installment loan, in this case a car loan, can help you rebuild that lackluster credit profile. After all, more than one-third of your entire score is determined by your payment history.

We’re proud to serve our subprime applicants with the very same focus and service we give all our clients. In fact, the subprime market is one of our specialties. We can help you get approved for a bad credit car loan through a dealer in Clarksville without having to traipse from lot to lot, submitting applications. As long as you make $18,000 a year and have no open bankruptcies, you have a good chance of being approved. The application process takes five minutes, if even that long.  Simply submit your application online to get started.

Down Payment: Do I Need One?

We can help you find dealers who finance people who don’t have a down payment. Having said that, providing a down payment affords you substantial advantages:

  • Reduces the length of the loan, meaning less paid in interest.
  • Decreases monthly installment.
  • Reduces negative equity.

Being upside down on your car may not seem like a big deal, but it is. If your vehicle is totaled in an at-fault accident, you could be liable for the difference between what the car is worth and what you owe. The same goes is your vehicle is repossessed due to non-payment, or you want to trade it in for something different.

What About Buy Here Pay Here Financing?

Buy here pay here financing is sometimes referred to as:

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

These dealers approve people for financing in-house, instead of relying on banks or finance companies. The rates of interest are always expensive, but they typically offer guaranteed approval.

Clarksville Consumer Profile

Banks, dealers, and auto finance companies are concerned with a lot more than just your credit rating. Loan companies review the following:

  • Ability
  • Source of Income
  • Payment History

Listed here are average stats for Clarksville residents.

  • Average Income: $23,000 Per Annum
  • Average Car Payment: $211 (11% of Income)
  • Ideal Car Payment: $153 to $192 (8%-10% of Income)

Credit Scores in Clarksville

Ever wondered about the credit scores of your friends and neighbors? We have calculated how many Clarksville residents fall into each credit tier.

FICO Score % of Population Residents
300-499 2% 2,329
500-549 5% 5,823
550-599 8% 9,317
600-649 12% 13,976
650-699 15% 17,470
700-749 18% 20,964
750-799 27% 31,446
800-850 13% 15,140

Ready to get approved? It’s easy to submit your application.