What Is Considered Bad Credit in Blythe, CA?
When you try to borrow money — like a car loan — California lenders look at your credit score to figure out the probability that you'll repay it. Your credit score is calculated using many factors, including the number of open accounts you have, your repayment history, the age of your credit accounts, and any remaining loan balances. While every Blythe, CA lender has its own criteria for what it considers a poor credit score, you could be seen as having bad credit if your score is less than 600. Lenders will also be worried if you’ve experienced bankruptcy, repossession, or foreclosure.
Can I Get a Car Loan in Blythe, CA If I Have Bad Credit?
You’re not the first car buyer asking, “Can I get a car loan with a credit score of 600 or less?” The short answer is yes. Still, financing a car with bad credit in Blythe, CA will come with some challenges. First off, not every lender feels comfortable giving loans to people with poor or no credit, so you may need to put in extra effort to find a lender who will work with you. The good news is that myAutoloan partners with lenders specializing in bad credit loans.
When you find a lender in California, you may notice your low credit score impacts your loan. A poor credit score can result in limited borrowing and higher interest rates. High interest rates also mean higher monthly payments and overall repayment. Use our Interest Rate Estimator and Payment Calculator to see an estimate for the monthly payment on your Blythe loan before completing an application.
Worried about your potential interest rate and monthly payment? You should look into increasing your credit score before you apply for Blythe, California car loans. Take a look at our Guide to Better Credit for Auto Financing to learn about credit scores and how you can quickly raise yours.
Find the Best Deal on Poor Credit Car Loans in Blythe, CA
A low credit score can increase the rate on your car loan, making it more crucial than ever to compare costs to find the right deal in Blythe, CA. myAutoloan wants to help you find the best loan — even without the best credit history. All you have to do is select your offer type and fill out our secure, confidential application. We'll show you up to four loans at once, allowing you to compare rates in minutes. Then, you can select the best loan for you and head to your local Blythe dealership with cash in hand.
Ready to purchase a new ride? Bad credit doesn't have to stop you. Apply through myAutoloan now and review up to four Blythe, CA bad credit car loans!