Here at Car Loans in Kansas, we’ll help you get car loans in Colby, regardless of your credit ratings. At Car Loans in Kansas, our network of Kansas auto loan lenders has you covered. The application process is straightforward, and oftentimes, there is zero down payment required.
In Colby, the average monthly income is $3,110, while the average credit rating is 682. The higher your fico scores, the cheaper your rates of interest.
Generally, auto loan lenders will expect you to make a minimum of $1500 income a month. In addition, your level of existing debt, including your car loan, should not surpass 50% of how much you make per month. For car shoppers in Colby, KS, this is $1,555 (average).
Even if you can’t satisfy the aforementioned requirements, you may be eligible with a co-signer, larger down payment, or through buy here pay here car lots in Colby, KS.
Ready to budget for your new car? Typically, experts suggest you invest just a fifth of your regular monthly wages for your monthly payments, gas, and repairs. If you were to make $37,317 a year, this comes out to $560 to $622 each month.
Car Loans with Bad Credit in Colby (KS)
Have a bad credit score?
No one likes to get rejected. We may be able to help. Follow through to submit your secure application. Almost all loan providers require applicants who have a bad credit score to have an income of $1500 each month, at minimum, and no more than $750 each month in debt payments (including your auto loan).
Car Dealers That Finance Bad Credit: Colby, KS
For many folks in Colby, Kansas, buy here pay here car dealers are the last option for getting financing.
These dealers are often called:
- Bad Credit Car Lots
- Your Job is Your Credit Car Lots
- In House Financing Dealerships
- We Finance Car Lots
To many consumers, getting their car loan without any credit check sounds like a great idea.
Sadly, you’ll want to consider several significant drawbacks. The interest rates and amount due at signing are high; at the same time, it will be nearly impossible to to rebuild your credit score through this kind of an establishment.
Even if you are having difficulties with a bad credit score, you will find there’s pretty good chance you could get approved for an auto loan at better interest rates than you could expect with a your job is your credit vehicle dealer.
Dealerships That Work With Bad Credit: Colby (KS)
- Weber Auto & Trailer Sales, 455 N Lake Ave, 67701
- Motor Town, 1275 West 4th Street, 67701
- Ron’s Auto Sales & Service, 2337 USHighway 24, 67701
- H & H Auto Sales, 930 S Range Ave, 923