At Auto Credit Express, it’s our mission to help customers find the auto financing they deserve while being there for them every step of the way. One of the questions we get the most are along the lines of this:

"I have bad credit but make 'x' dollars per month, do I qualify?"


"My credit score is 'x', will I qualify for a car loan?"

How to Qualify for a Bad Credit Car Loan

These are the basic qualifications and requirements to greatly improve your chance to get approved for a car loan:

qualifications, auto loan

  • A Gross Monthly Income of at Least $1,500
    Car ownership costs are the second-largest household expense in the U.S. after home payments. That's why lenders are typically only going to work with you if you make at least $1,500 a month pre-taxes.
  • Full-Time Employment or Have a Fixed Income
    You've got to be able to show your income on a W-2 tax form at the dealership. Lenders like to see some stability with your job, so seasonal or temporary workers who've been with their employers for less than six months usually do not qualify.
  • 18 Years of Age or Older
    It's the minimum legal age for obtaining a loan in the United States or Canada.
  • Current Resident and Legal Citizen of the United States or Canada
    Like employment, lenders like to see a minimum of six months at your current residence as a sign of stability.

What About a Credit Score Requirement?

It's important to know your credit score and be on top of your credit reports, but there is no set-in-stone number that will automatically get you approved. Each auto loan application is evaluated individually, based on a person's credit merits and equity position. The point is this: We've helped people with all kinds of different credit situations find financing in the past.

Being an Informed Consumer

Shopping for an auto loan can be daunting, and we can't stress enough on how important it is to be an informed consumer. That's why our website is chock-full of useful tools and resources for your benefit.

You can get a rough estimate of how much you may be approved for with our Approval Amount Calculator. With our Monthly Payment Calculator, you can get a feel for how much your monthly installments will be. Stay informed and in control to make the auto loan process less stressful for you.

Auto Credit Express Can Help

Whether it's bad credit, low credit, no credit or whatever else holding you back, the team here at Auto Credit Express wants to help you find a car loan. If you submit our fast, easy and obligation-free application, we'll go to work for you. Do it today!