At Car Loanz we pre-qualify bad credit, no credit or credit-challenged consumers for subprime auto loans because we know exactly what special financing dealerships are looking for in an applicant.
Pre-Qualify vs. Pre-Approve
Car Loanz does not approve you – or even pre-approve you – for an auto loan. In fact, you won’t be approved for a car loan until after you sit down with the finance manager at a car dealership that works with credit-challenged consumers. Instead, we are able to pre-qualify you.
Not every dealership is capable of handling consumers with poor credit. And of those that are able to, every one of them works with different lenders who have different requirements. Car Loanz noticed how difficult this made it for a customer to find a dealership that can approve them, so we decided to do something about it.
We Are Here to Streamline the Loan Process
Finding a dealership that is equipped to handle poor credit circumstances can be a real hassle. But Car Loanz has made this problem a thing of the past. We assembled the largest selection of bad credit car dealers across the country that specialize in helping people with poor credit.
Applying with us streamlines the subprime auto loan process for you:
- We can now identify the dealership nearest you that stands to give you your best shot at auto loan approval.
- We know what each dealership is looking for in an applicant, so we can pre-qualify you in a matter of seconds after you apply.
- We can set up a meeting between you and the finance manager at that dealership, so all of the logistics are taken care of for you.
- While each dealership may have different lending partners who have different requirements, we have a general idea of what they are looking for thanks to our working relationship with them. Using the information on your application, we are able to instantly pre-qualify you if you meet the general requirements.
In the end, only a lender can approve you for any auto loan. We can pre-qualify you, which is a great start, but you need to continue the process and sit down with the finance manager at the dealership if you want to see if and how much you are approved for.