Auto Loans in Cumming (GA)

Hoping to arrange your financing before setting foot on the dealer lot? We can help. Each and every bank, dealer, or finance company has their own approval standards, so it’s crucial to find one willing to approve your credit. When you apply online, our lenders compete for your business.

FICO Scores of 620 or Lower

Subprime credit is rarely a problem. We have lenders who work with subprime credit, and they would love to approve you for financing. Plus, a paid-as-agreed car loan will help increase your credit ratings. So let us find you a lender or dealer in Cumming that approves loans for people with subprime credit – online!

Apply now!

Do You Need a Down Payment?

We can help you find dealers who fund loans for people who don’t have a down payment. Having said that, a down payment gives you significant advantages:

  • Shortens loan, meaning less paid in interest.
  • Lessens monthly repayment.
  • Protects against negative equity.

That being said, you no longer need a down payment to submit an application. Apply online, and indicate zero down payment in the appropriate section. We’ll place your application with a lender who can fund your loan, no down payment necessary.

What About Buy Here Pay Here Financing?

Buy here pay here financing is sometimes known as:

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

Shoppers who cannot get approved for financing due to serious credit problems often find themselves at these types of dealerships. They specialize in helping people with problems like open bankruptcy or repossession on their records.

Credit and Income: Cumming

Banks, dealers, and auto finance companies are concerned with much more than just your FICO rating. Lenders review your ability to pay (income), stability, and individual credit history.

Here are some average stats for Cumming residents.

  • Pre-Tax Income: $44,417 Annually
  • Average Car Payment: $407 (11% of Income)
  • Ideal Car Payment: $296 to $370 (8%-10% of Income)

If you have a low credit score, you’re not the only one. This chart depicts the estimated number of Cumming residents at each credit level.

FICO Score % of Population Residents
300-499 2% 1,503
500-549 5% 3,757
550-599 8% 6,011
600-649 12% 9,017
650-699 15% 11,271
700-749 18% 13,525
750-799 27% 20,288
800-850 13% 9,768