Auto Loans in Alpharetta (GA)

Here at Georgia Auto Finance, we arrange financing for people of all credit tiers and income brackets. Our loan-finding platform takes the legwork out of getting approved. Just apply online, and we’ll work to get you approved from a dealer or lender that suits your needs.

Apply now!

FICO Scores of 620 or Lower

If you have a history of bad credit, we can help. In fact, Special Finance is our primary focus. There are three separate credit tiers usually regarded as subprime:

  • Tier 3/C: 580-660
  • Tier 4/D: 520-580
  • Tier 5/F: 250-520

Regardless of your score, we have lenders that want to get you into a new car. We can find you a bad credit car dealer or lender in Alpharetta willing to approve you for financing – online!

Apply now!

Do I Have to Put Money Down?

Plenty of our dealers finance people with no down payment. However, supplying a down payment is a good idea for a number of reasons: it decreases your payment, total interest, and problems with negative equity. The optimal down payment is 20% for a new vehicle, and 10% for a pre-owned one.

With that being said, this era’s lenders and dealers understand that down payments take a lot more time and effort in this economy. Apply online, and enter a zero in the down payment field. We’ll place your application with a lender who can approve you for financing, no down payment necessary.

Alpharetta Buy Here Pay Here Financing

This type of financing is sometimes referred to as:

  • Your Job is Your Credit
  • We Tote The Note
  • Rent to Own
  • We Finance

These dealers approve people for financing directly, instead of outsourcing this to banks or finance companies. They work with people with problems like bankruptcy or repossession within the last year.

Credit and Income: Alpharetta

There is more to the approval process than just your FICO score. Creditors look at your ability to pay (income), stability, and history of credit.

Here are some average stats for Alpharetta residents.

  • Average Income: $52,857 Per Annum
  • Average Car Payment: $485 (11% of Income)
  • Suggested Car Payment: $352 to $441 (8%-10% of Income)

Next we have an overview of Alpharetta’s population by FICO score. These estimates should give you an idea of where you stand.

FICO Score % of Population Residents
300-499 2% 2,457
500-549 5% 6,144
550-599 8% 9,830
600-649 12% 14,745
650-699 15% 18,431
700-749 18% 22,117
750-799 27% 33,176
800-850 13% 15,973

Ready to get started? It’s easy to apply online.