Can I get a car loan with bad credit?
- Vindicated.ai
- Sep 8
- 1 min read
Can you get a car loan with bad credit?
Yes, but it usually costs more.
Many lenders offer subprime loans for low credit scores (about 16% of loans go to scores under 601).
Expect higher interest rates—often 15%–20% APR for scores in the 500–600 range.
You might need steady income proof, a bigger down payment, or a co-signer.
Tip: Shop around, consider credit unions, and pick a reliable used car to keep costs manageable. And work on improving your credit for better deals in the future!
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