Popular Questions and Answers About Our Financing
Have a question about how auto financing works with bad credit? Or just wondering how Suburban Auto Finance can benefit you? Here are a few of the top asked questions and their answers.
Our application process is fast and simple. Fill out the short online form with your information and click submit.
Once we have your application, we will contact you within 48 hours about what your options will be.
Our basic requirements are simple: a valid driver’s license, proof of residence, a monthly income of at least $1,500/mo, and you must be at least 18 years of age.
Since we have a network of dealers who work with bad credit and no credit car buyers, we are able to connect you with a dealer who knows exactly how to work with your specific financial situation.
Once you have completed the application process, the car dealership you work with can better determine how much you can be approved for.
Your interest rate will be determined by how much you borrow and the length of the loan term. Since there are so many variables involved, there is no way for us to give you a definite answer.
Absolutely! Depending on your vehicle’s value and the price of the car you are buying, it is possible that your current car could serve as your down payment.
The dealers in our network are specialists in the subprime auto financing market. That means your best chances of getting a vehicle are by staying within our network.
The vehicles you can qualify for will vary based on your approval amount and loan terms.
This will depend on the amount borrowed, down payment, interest rate and length of the loan, along with any additional terms and conditions.
It is possible that you may need a co-signer, but that will depend on what you can bring to the table as a buyer.
Dealers in our network know how to work with car buyers who have a bankruptcy on their credit report. Qualification will be based on other factors such as income and length of residence.
Since we do not finance your loan, it is not possible for us to get you financed for a private seller. Our dealership network ensures you are able to obtain a loan and a great quality vehicle.