Requirements

  • At least $1,500 gross monthly income required for credit scores less than 625.
  • Chapter 7 Bankruptcy. 341 meeting of creditors must be completed.
  • Chapter 13 Bankruptcy. An Authorization to Incur Debt from the trustee is required.
  • Zero auto loan repossessions in the last year unless included in a bankruptcy.
  • Approved auto loans are for buying a car from our authorized licensed car dealer partners.
  • US or Canadian Residents at least eighteen years of age.

Auto Loan Rates Information

Car Dealerships that Accept Chapter 13

Sometimes buying a car can be a very easy or very difficult experience depending on how you stand with your credit score and financial situation. Sometimes things are much more favorable for one person than they are for another person. One thing that will cause a lot of problems for many people will be locating car dealerships that accept chapter 13 applicants. This will cause a large variety of problems for many people who have had some trouble and needed to file for chapter 13 bankruptcy, but will still need to make a vehicle purchase. If you are one of these people who need to purchase a car and find a dealership that accepts chapter 13 then you are in luck since there are options.

The first thing you are going to want to do is find an online lender that will help you get an auto loan for really bad credit considering that these lenders work specifically to help people who have bad credit, no credit, or other various problems such as chapter 7 or chapter 13 bankruptcy applicants. The only thing is you will need to make sure that the bankruptcy claim has been closed otherwise they will not be able to help you. As soon it has been closed though you will be more than free to apply and should have no problems with receiving a loan.

If you are going to apply for a loan online, then they will be getting you local bad credit loans for dealerships in your area. The network of dealerships is very extensive so not only will you be able to find a dealership near you, but you will have options available to you as well.

The application process to be set up with car dealers that loan with chapter 13 is one that should only take you about ten or fifteen minutes to be completed. After you have finished filling out the application it will take about a day before you are going to be approved, but once you are then you are free to make your purchase. So even though you have filed for chapter 13 bankruptcy you can still get an auto loan.
Testimonial
I thought I would never be able to get a car, but they explained all of my options and were able to get me the car I wanted!

- Heidi A. Wixom, MI


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