Financing a vehicle with bad credit? Here is everything you need to know

-
Financing a vehicle with bad credit? Here is everything you need to know

Financing a vehicle when you have bad credit can be nerve-racking and stressful. It is normal to wonder if you will be approved for financing and how much is available to you for your next vehicle. If you are in that situation, and you have poor credit because of missed payments on your current vehicle, your finances were impacted by the pandemic, or you simply had a string of bad luck which brought on some financial difficulty, it is important to know that you can still get financing for a vehicle.

 

Second chance and third chance credit financing for car buyers with poor credit exists because there are a lot of consumers who need it. You are not alone and regardless of your situation, there is a financing solution that will fit your credit.


A car loan is possible even with bad credit

 

For starters, we have to define what is bad credit. Bad credit can mean that you defaulted on some payments in the past, or that your current vehicle is too expensive for your budget. You also could have lost your job which made it impossible to make payments for a certain amount of time, or like millions of Nova Scotians you may have been impacted by the pandemic. You also may have declared bankruptcy in the past.. What is important to understand here is that not all bad credit is as bad as we think and not all credit situations are on equal footing.

 

By working with a team of experts who understand credit and have worked to find financing for thousands of different types of consumers and credit scores, you are able to find a solution that is tailored to you, and we can almost assure you that you will be satisfied with the end result.

 

Therefore, the first step when financing a vehicle with bad credit is to make a call and speak with experts who can help. Don't waste time wondering about your credit score or worrying that you cannot buy a vehicle because of your bad credit. There is always a solution, and our team will be more than happy to help find it.


A few things to remember


  • You can get a car loan even with bad credit
  • There are solutions if you need a vehicle and your credit is bad
  • We can help you get car financing even if you have defaulted or declared bankruptcy
  • You can apply for a car loan online today!

Give us a call today at Steel Valley Chevrolet to learn more.

 

Contact Us

Other Articles That May Interest You

Chevrolet Trax or Trailblazer: Choosing Your Perfect 2025 Compact SUV
icon-plus
-

Chevrolet Trax or Trailblazer: Choosing Your Perfect 2025 Compact SUV

Modern SUV shoppers face an enviable choice in Chevrolet's compact lineup. The 2025 Chevrolet Trax and Trailblazer each bring distinct personalities to the segment while sharing Chevrolet's commitment to style, technology, and value. Exterior Design and Dimensions Measurement 2025 Trax 2025 Trailblazer Wheelbase 2,700 mm 2,639 mm Overall Length 4,537 mm 4,407 mm Overall Width 1,823 mm 1,808 mm...
Read more
Make Your Winter Adventures Count: GMC Sierra's Ultimate Guide to Seasonal Recreation
icon-plus
-

Make Your Winter Adventures Count: GMC Sierra's Ultimate Guide to Seasonal Recreation

Winter transforms Canadian landscapes into playgrounds of possibility. The GMC Sierra stands ready to turn these possibilities into memorable experiences, whether you're hauling snowmobiles to fresh powder or continuing family traditions like picking out the perfect Christmas tree. Master Winter Driving with Confidence The Sierra delivers exceptional control in challenging winter conditions....
Read more
Why Choose a Chevrolet Certified Pre-Owned Vehicle in Canada?
icon-plus
-

Why Choose a Chevrolet Certified Pre-Owned Vehicle in Canada?

Buying a used car can feel like a gamble. Is it reliable? Will it need costly repairs? Chevrolet Canada’s Certified Pre-Owned (CPO) program removes the uncertainty by offering vehicles that meet high standards for quality and reliability. It’s not just about buying used—it’s about buying smart. What Makes a Vehicle “Certified”? Chevrolet’s CPO program is designed to give buyers confidence. To...
Read more
icon-simple-arrow-down Easy Credit Approval
Easy Credit