Auto Loans in Maryville (TN)

Don’t waste your time driving from one lender to the next, submitting credit applications. We can get you approved in less time, with fewer headaches along the way. We have relationships with lenders and dealers in Maryville who want to approve you for financing – right now! Here’s how the process works:

  1. Apply online.
  2. Check your email for your approval status.
  3. Speak with your lender about your interest rate and terms.
  4. Wrap up any remaining paperwork.
  5. Go buy your vehicle from a nearby dealer.

Sound simple? That’s because it is! Apply Online!

Financing a Car with Bad Credit

Bad credit? Don’t worry. We enable you to find a dealer to approve you for financing, even if your credit history is less than perfect. We have lenders who accept FICO scores of 620 and less, and they would love to approve you for financing. You’ll typically have your application placed with a bad credit dealership or subprime auto lender. Both of these types of companies do report your debt repayment to the credit bureaus. This is imperative if you want to restore your credit. It’s easy. Just submit your online credit application.

Can I Buy a Car with No Money Down?

Assuming you have good credit, then yes: you can typically buy a car with no money down. But if your credit is less than perfect, your dealer may want you to offer a down payment. The reason is simple: consumers with problematic credit are much more risky for the finance company. Going into default is more of a concern, and a down payment makes certain that some percentage of the vehicle has been paid for in advance. That’s not to say that dealers don’t have financing options for people with no down payment.

We get people into a new car all the time, despite issues with their credit and down payment. Apply now!

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

Consumers who have been unable to secure financing because of seriously bad credit often resort to these types of dealerships. The loan rates are typically expensive, but they often offer guaranteed approval.

Credit and Income: Maryville

There is more to the approval process than just your FICO score. Lenders check the following:

  • Ability
  • Job Stability
  • History of Debt Repayment

Listed below are average stats for residents of Maryville.

  • Gross Income: $2,360 Monthly
  • Average Car Payment: $260 (11% of Income)
  • Suggested Car Payment: $189 to $236 (8%-10% of Income)

If you have bad credit, you’re not alone. This chart shows how many people in Maryville are in each credit tier.

FICO Score % of Population Residents
300-499 2% 1,379
500-549 5% 3,448
550-599 8% 5,517
600-649 12% 8,275
650-699 15% 10,344
700-749 18% 12,413
750-799 27% 18,619
800-850 13% 8,965