Auto Loans in Augusta (GA)

We understand that financing a car can be stressful, and we’re here to help. We have relationships with dealers and lenders in Augusta who want to fund your loan – right now! Just apply online, and we’ll work to get you approved from a dealer or lender that suits your needs. We match you based on a variety of factors, including:

  • Your gross monthly income
  • Your debt-to-income ratio
  • Your credit profile
  • Your zip code

This ensures that your application is placed with a lender who closely fits your needs.  That translates into better rates, better service, and a better financing experience overall.  Getting started is easy, and there are no obligations. Go here to apply online!

Augusta Car Loans with Bad Credit

auto loanDo you have a FICO score of 620 or lower? Poor credit is not a deal-breaker. If you go from bank to bank, completing your application by hand, you might be turned down a few times. But with our service, you can apply just once, and we’ll find a lender who can approve you for financing, even if you’ve had credit problems in the past. Plus, a paid-as-agreed auto loan can increase your credit scores. So let us find you a dealership in Augusta that funds loans for people with bad credit. There is no minimum credit score. As long as you earn $1500 or more per month, you have a good chance of getting approved. Interest rates will vary based on your credit profile and lending terms, but rates of 9-19% APR are typical.

Apply now!

Down Payment: Do You Need One?

No down payment? In many cases, this isn’t a problem. Having said that, providing a down payment gives you important benefits:

  • Shortens loan, meaning less paid in interest.
  • Lowers monthly repayment.
  • Reduces negative equity.

That being said, you don’t need a down payment to get pre-approved. We get people into a new car all the time, despite issues with their credit and down payment. Apply now!

Augusta Buy Here Pay Here Dealers

This type of financing is also referred to as:

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

These dealers make credit decisions on the lot, rather than working with banks or finance companies. They approve people with problems like open bankruptcy, foreclosure, or repossession on their records.

Credit and Income: Augusta

Augusta-GAAugusta is a center for medicine, biotech, and military technology. These have served the city well during the recession. Why is this important? Because a city’s economy weighs heavily on a resident’s finances, and there’s more to auto financing than just your FICO score. Creditors consider your ability to pay (income), stability, and credit history.

The following are average stats for Augusta residents.

  • Pre-Tax Income: $1,228 Monthly
  • Average Car Payment: $135 (11% of Income)
  • Ideal Car Payment: $98 to $123 (8%-10% of Income)

Next we have an overview of Augusta’s population by credit rating. These estimates should give you a general idea of where you stand in relation to other consumers in Augusta.

FICO Score % of Population Residents
300-499 2% 3,968
500-549 5% 9,919
550-599 8% 15,870
600-649 12% 23,805
650-699 15% 29,757
700-749 18% 35,708
750-799 27% 53,562
800-850 13% 25,789

Your credit score will largely determine your interest rate, but as long as you have sufficient income, we can typically find a lender or dealer for you, even when you have subprime credit.