Oxmoor Ford Lincoln can help! Auto loans for people with bad credit or credit problems are available at Oxmoor Ford Lincoln in Louisville KY. We work with some of the leading auto buying financial institutes which are assisting those who need bad credit auto loans. Though there are options for you out there like buy here pay here dealers, we want you to make the best decision for your credit. If you think you have a bad credit, no credit, repossession history or past bankruptcy and have been turned down in the past, chances are we can help. We are located at 100 Oxmoor Lane and our Special Financing department is headed up by Betty Aldridge. You may have heard of Betty who is often referred to as “Bad Credit Betty” because of her unique talent in selecting lending institutes for each special financing need. Buy Here Pay Here Financing. Make sure before you choose to go with a buy here pay here dealer that this is your only choice. If you have the ability to get a secondary finance loan, which is an option at Oxmoor Ford Lincoln, then this is the best bet. If you are wondering why we say this then please understand that there are things you should remember when searching for a car loan with bad credit:

1. Buy here pay here auto dealers are not regulated by banks so the value of the vehicle versus what you are paying for it is not considered. 2. The finance charges at a buy here pay here lot can be much higher than what you may be able to get with bad credit auto loans through secondary lenders. 3. You in most cases will be required to put money down with a buy here pay here dealer which may not be the case with another dealer who uses real banks. 4. Not all buy here pay here dealers report to credit bureaus so in some cases you may not be helping your credit or establishing anything that will help you in the future.

Keep in mind buy here pay here lots are necessary for certain cases but do not assume if you have bad credit, horrible credit, past repossessions, bankruptcies or collections that you have to go through a buy here pay here facility. It is most beneficial for you to finance with a bank if you are able to. It will help in rebuilding credit as well as establishing real auto credit for future car loans. Oxmoor Ford Lincoln works with many secondary lenders and has a great department established to help those with bad credit, past repossessions, bankruptcies and collections.

Have bad credit? To see if Oxmoor Ford Lincoln can help you, visit our bad credit auto loans pre-approval form, as well as our auto finance question contact page if you have specific questions about credit problems or credit issues.