Do I Have Bad Credit in Marietta, GA?
When you apply for a car loan, mortgage, or another type of loan, Georgia lenders use your credit score to figure out the likelihood of you repaying it. Many factors play into your credit score, including your repayment history, the number of accounts you have open, the age of your credit accounts, and any remaining loan balances. While every lender in Marietta, GA has its own guidelines for what it deems a poor credit score, you might be seen as having bad credit if you have a score below 600. Lenders will also be worried if you've experienced repossession, bankruptcy, or foreclosure.
Can I Still Get a Car Loan in Marietta, GA with Bad Credit?
Many car buyers have asked, “Can I get a car loan with a credit score of 600 or less?” The short answer is yes. Keep in mind, it's going to be harder to finance a car with bad credit in Marietta, GA. To begin with, not every lender is willing to give a loan to someone with poor or no credit, so you may need to put in extra effort to find a lender who will help with your financing. Luckily, myAutoloan partners with lenders specializing in bad credit car loans.
Once you find a lender in Georgia, you may discover your low credit score changes your loan. A poor credit score might limit your borrowing and lead to higher interest rates. Higher interest rates will mean higher monthly payments and overall repayment. Use our Interest Rate Estimator and Payment Calculator to see what the monthly payment on your Marietta loan could look like before even applying.
Do your potential interest rate and monthly payment have you sweating? You should think about increasing your credit score before applying for auto loans in Marietta, Georgia. View our Guide to Better Credit for Auto Financing for information about credit scores and tips for quickly raising yours.
Find the Best Deal on Bad Credit Car Loans in Marietta, GA
A bad credit score can increase the rate on your car loan, making it more important than ever to compare lenders in Marietta, GA and find the right deal. At myAutoloan, we want to help you find the best loan — despite your credit history. All you need to do is select your offer type and complete our secure, confidential application. We'll show you up to four loans in minutes so you can easily compare rates. Finally, you can select the right loan for you and visit any dealership in Marietta with cash in hand.
Ready to purchase a new ride? Bad credit doesn't have to get in the way. Apply now and compare up to four bad credit auto loans in Marietta, GA through myAutoloan!