Compare Car Loans for Bad Credit in Kankakee, IL

A bad credit score doesn’t have to mean giving up on a new car! With myAutoloan, you can compare up to four Kankakee, IL car loans at once. Pick the best deal, and head down to your favorite dealership to buy.

Three things to know…

Today's Interest Rates

  • Check out today's lowest rates for all loan types.

  • SEE RATES

Your Estimated Rate

  • Check your rate in seconds. No credit check. Find out before you apply.

  • See Estimator

Your Payment

  • Now that you know your interest rate, see how much you could afford.

  • See Calculator

More Information

What Counts as Bad Credit in Kankakee, IL?

When you try to borrow money — like a car loan — lenders in Illinois use your credit score to evaluate 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 Kankakee, IL has its own benchmarks for what’s considered a poor credit score, you might be seen as having bad credit if your score sits under the 600 benchmark. Lenders will also be wary if you've gone through bankruptcy, repossession, or foreclosure.

Is it Possible to Get a Car Loan in Kankakee, IL with Bad Credit?

Many borrowers have asked, “Can I get a car loan with a credit score of 600 or less?” Yes, you can. Still, financing a car with bad credit in Kankakee, IL will come with some challenges. Most notably, not every lender is willing to give a loan to someone with poor or no credit, so you may need to spend some extra time finding a lender willing to work with you. Luckily, myAutoloan partners with lenders specializing in bad credit car loans.

Once you've found a lender in Illinois, you may see that your loan is impacted by your low credit score. A poor credit score might limit your borrowing and lead to higher interest rates. This high interest rate will also mean larger monthly payments and overall loan costs. With our Interest Rate Estimator and Payment Calculator, you can see what the monthly payment on your Kankakee loan might look like before completing an application.

Worried about your potential interest rate and monthly payment? You might want to consider increasing your credit score before you apply for Kankakee, Illinois car loans. Take a look at our Guide to Better Credit for Auto Financing for help understanding and quickly raising 7our credit.

Find the Best Deal on Bad Credit Car Loans in Kankakee, IL

A low credit score can raise your car loan rate, making it more important than ever to compare lending options and find the right deal in Kankakee, IL. At myAutoloan, we want to help you find the best loan — even without the best credit history. All you need to do is select your offer type and complete or confidential and secure application. We’ll show you up to four loans at a time so you can compare rates in minutes. Finally, you can select the loan that looks best to you and head to your favorite Kankakee dealership with cash in hand.

Why wait to get a new ride? Bad credit doesn't have to stop you. Apply today through myAutoloan and compare up to four Kankakee, IL bad credit auto loans!

Vehicle loans to meet your needs…

Compare and save. Get up to 4 offers in minutes!

Our Customers Love Us: