Special Financing & Bad Credit

Approved Car Loan Application

Bad credit shouldn’t stop you from owning a car. Whatever your situation, our credit approval team can help you get an auto loan that can improve your credit score. Maybe your score dropped because of late payments, missed payments, loan defaults, collections notices, repossession or bankruptcy. If your current credit score is bad, a standard car loan may be out of reach. But Nissan of Cleveland Credit Approval Center can come to the rescue by offering special-financing auto loans. We give our buyers work access to our network of lenders that offer special poor-credit lending programs. We can get you into the vehicle you need despite your credit score.

Receiving an approval for a car loan is just the beginning at Nissan of Cleveland Credit Approval Center. Our larger mission is to help improve our customers’ lives, starting with educating you about improving poor credit. We do this for you and everyone who shops with us, even if you’ve had financial challenges and even experienced a bankruptcy.

Check our website for finance-related tools and information:

  • Finance Application
  • Estimate Payments
  • Free Equifax Credit Score
  • Finance Specials

Requirements for getting an auto loan despite bad credit

  • Legal resident of U.S. or Canada
  • Valid driver’s license
  • $1,500 gross monthly income
  • No repossessions within the last year unless part of a bankruptcy

Special financing is much easier if you can make a down payment on your car loan. Bigger down payments demonstrate you have more “skin in the game” that reassures lenders about your commitment to the vehicle and loan. Furthermore, a larger down payment reduces your monthly payments and the loan’s total cost.

Down payments, although not always necessary, can play a big role in a car loan approval or denial, especially when it comes to special financing. The more money put down on the vehicle, the more personal investment, and that shows the lender that you are committed to the loan and vehicle. Down payments also help you lower your monthly payment and total finance amount of the vehicle, helping you save money over time.

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