The glitz and glamour of Hollywood may be what people think of first when Los Angeles comes to mind, but underneath the shine of Tinseltown is one of the United States' most populous cities. You can be sure that many people who call the City of Angels home need bad credit car financing from time to time, and we can help them find it.

Bad Credit Auto Financing in Los Angeles

Getting bad credit auto financing in Los Angeles can be tough, so it's important to make the process as easy on yourself as possible. This means getting prepared for your visit to the dealership the first time around, so that you don't have to fight through traffic more than necessary to get the new vehicle you need.

Having bad credit means you're usually going to need to apply with a subprime lender. When you go through these lenders, they look beyond your credit scores to other factors that can help with approval, such as income, residence stability, and how willing you are to invest in your own loan.

Typically, subprime lenders require that you meet several qualifications in order to be considered for approval. The requirements can vary by lender, but most require that you:

  • Can prove you make a minimum income of $1,500 to $2,000 a month before taxes from a single source
  • Have been employed at the same job for at least six months, with a three-year work history to show with no gaps over 30 days between jobs
  • Have a valid driver's license
  • Can prove you have a stable residence history
  • Have a working landline or contract cell phone in your name
  • Can provide a down payment of at least $1,000 or 10 percent of the car's selling price, whichever is less
  • Provide list of five to eight personal references, complete with names, addresses, and phone numbers

Ditch the Drive

You could drive from El Segundo to the Hollywood Bowl and stop at every dealer along the way without finding the one that's right for your credit situation. This is because not all dealerships have relationships with lenders that know how to handle bad credit auto financing in Los Angeles.

Those dealers that work with these specialized lenders aren't always easy to spot. That's where we come in! Auto Credit Express can take the hassle out of your search by connecting you with a dealership in the Los Angeles area that has the lending capabilities you're looking for. This way, you can ditch the driving all over LA and head straight to a dealer that can help!

It's easy to get started – just fill out our no-obligation car loan request form now, and we'll get to work for you!