Bad Credit Financing









Special Financing – We’re Here to Help!

If you’re like many people in the Kentuckiana area, you’ve probably searched for bad credit financing at some point in the past. Have you experienced credit problems due to a bankruptcy, divorce, or vehicle repossession? Perhaps you’ve had unforeseen medical expenses or found fraudulent charges on your credit cards that have damaged your once excellent credit rating. If so, you’ve probably experienced difficulty getting auto financing and finding a dealership willing to take the time to earn your business.

At the Oxmoor Auto Group in Louisville, KY we understand that “bad credit” is not a reflection of someone’s character. It’s often just a series of unfortunate circumstances. Just because your credit score is low doesn’t mean you don’t deserve to be treated with respect and dignity. You should be given the opportunity to purchase a quality vehicle at affordable terms and we’re here to help you achieve those goals.

Beware the “Catch”

When your credit score is low, it can often feel like the world is against you. You can feel alone, isolated, and frustrated. You want to rebuild your credit, but no one is giving you a chance. This frustration often can lead people to seek out “buy here pay here” used car lots in the Louisville, Elizabethtown, and Jeffersonville areas. While many used car lots are reputable, not all were created equal. Some feature low grade, higher mileage vehicles at very high interest rates.

Some charge exorbitant fees or ask for excessive amounts of money. It is not uncommon for people to search the internet for “bad credit car dealers” with no co-signer requirements or places that advertise $0 down payment – only to find out that such bad credit financing offers often come with an expensive “catch.” That’s why it is important to know the facts about bad credit auto financing.

Credit is Relative

When you’re looking to purchase a vehicle, always remember: credit is relative. What may be an unacceptable score to one lender may be exactly what another lender is looking for. Every auto loan provider is different; each has their own financial criteria and have programs that allow automotive financing with low credit scores and even financing with no credit.

Some bad credit financing institutions may offer loans with higher interest rates but require no down payment. Others may need more down payment but offer loans with lower interest rates and longer terms. If you have a vehicle to trade, many banks and credit unions will accept your vehicle’s equity and offer financing with no money down. Depending on the lender and program, even “bad credit” car loans with no co-signer are possible!

Price is Not All That Matters

When people believe their credit is bad, it is not uncommon for them to search for “cash cars” or cars under $5,000 in Louisville, KY. While it is not impossible to find good cheap used cars in Kentucky, it is important to recognize that paying cash for a vehicle will not help improve your damaged credit rating. “Buy here pay here” car lots are often loaded with used cars under $10,000 or used SUV’s under $5,000, but is price all that matters?

Low prices can be tempting, but ask yourself: will these cars last? Do these used car dealerships offer extended warranties if something goes wrong? What about certified technicians that can quickly repair your vehicle, rotate your tires, or order parts? What if you owe more money than your vehicle is worth? Do they offer financing with negative equity?

Buying used cars in Louisville or Elizabethtown, KY can be a confusing process – but buying from Oxmoor Auto Group gives you a significant advantage. Our bad credit financing programs allow us the privilege of helping you find the perfect vehicle for you and your family. So whether you’re looking for auto financing with a repossession or financing with a bankruptcy, we’ve got the knowledge to help you achieve your goals.

Oxmoor Auto Group Can Help!

We’ve helped thousands of credit challenged customers from across Kentucky and Southern Indiana find quality used vehicles. Whether you’re a Cardinals fan from Louisville or a Wildcats fan from Lexington, unfortunate credit issues can be a part of everyone’s life.

Even if you do not have credit problems yourself, you probably know someone who does. Don’t let embarrassment or uncertainty keep you or your loved ones from securing bad credit financing – apply for special financing with Oxmoor Auto Group today and find out why we’re one of Kentuckiana’s oldest and most trusted leaders in bad credit auto financing.

Questions? Click the phone to speak with a Special Finance Advisor now!