Do I Have Bad Credit in Seaside, CA?
When you borrow money — like a car loan — California lenders use your credit score to figure out the likelihood of you repaying it. Many factors influence your credit score, including any remaining loan balances, your repayment history, the number of open accounts you have, and the age of your credit accounts. While each Seaside, CA lender will have its own guidelines for what it considers a poor credit score, you could be seen as having bad credit if your score falls below 600. Lenders will also be worried if you’ve experienced bankruptcy, repossession, or foreclosure.
Is it Possible to Get a Car Loan in Seaside, CA with Bad Credit?
You're not the first car buyer to wonder, “Can I get a car loan with a credit score of 600 or less?” The short answer is yes. Keep in mind, you'll likely face some challenges financing a car with bad credit in Seaside, CA. For starters, not every lender offers poor or no credit loans, so you may need to spend some extra time finding a lender willing to work with you. Thankfully, myAutoloan has lending partners that specialize in bad credit loans.
Once 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. This high interest rate will also mean higher monthly payments and overall repayment. Our Interest Rate Estimator and Payment Calculator can help you see what the monthly payment on your Seaside loan might be before completing an application.
Worried about your potential interest rate and monthly payment? You may want to consider raising your credit score before you start applying for auto loans in Seaside, California. Study our Guide to Better Credit for Auto Financing for information about credit scores and tips for quickly raising yours.
Find the Best Deal on Seaside, CA Poor Credit Car Loans
A low credit score can increase the rate on your car loan, making it more important than ever to compare lenders in Seaside, CA and find the right deal. At myAutoloan, we want to help you find the best loan — even without the best credit history. All you have to do is select your offer type and complete our secure, confidential application. You'll see up to four loans at once so you can compare rates in minutes. To finish, you can select the loan that looks best to you and head to your local Seaside dealership with a loan in hand.
Need a new ride? Bad credit doesn't have to get in the way. Apply with myAutoloan today and compare up to four bad credit auto loans in Seaside, CA!