Dale Jr Chevy Says Yes!

Subprime Financing in Tallahassee

We understand that financial setbacks can happen to anyone, and that Tallahassee-area drivers should not be defined solely by their credit standing. If you’re shopping around for a new or used vehicle you can count on to get you around and but you have subprime credit, you may find that it’s difficult to get approved for an auto loan. Here at Dale Earnhardt Jr. Chevrolet, we like to do things a little differently. No matter what type of credit you have, our friendly finance team will work with you to secure financing that works with your unique situation, rather than working against it. If you’ve experienced any of the following financial issues, you can count on the team at Dale Earnhardt Jr. Chevrolet to lend an ear and help you get on the road to improvement:

• Bankruptcy
• Repossession
• Foreclosure
• Divorce

How Can Dale Earnhardt Jr. Chevrolet Help?

Don’t count yourself out from finding a dependable vehicle to take you to and from work, picking up the kids, running errands, and more in . The finance team at Dale Earnhardt Jr. Chevrolet upholds a strong relationship with local lenders, allowing us to help individuals secure a rate they’ll feel confident about – yes, even if you have bad credit!

You can apply for financing online with us today and get pre-approved quickly. After reviewing your application, one of our friendly team members will reach out to you shortly to schedule an appointment at our Tallahassee location. We’ll work closely with you to create a loan package that is tailored to your unique situation.

What Documentation Should You Bring to The Dealership for Financing?

If applying for a subprime car loan, the applicant will have to bring a few additional records. This is because a moneylender is incurring a high risk when financing a subprime car loan.

• A valid driver’s license – Verify your license is not expired, revoked, or suspended. Also ensure the address listed on your driver’s license is current and matches your state of residence.
• Proof of insurance – Take care to include the name of your agent and a reliable contact number. Preemptively adding a new car to your policy will not be necessary until approval.
• Proof of residency – A recent bill for utilities, such as water or electric, is sufficient proof so long as your name is listed and matches the address given.
• Proof of employment – For approval, a recent (within 30 days) pay stub stating your year-to-date earnings is sufficient. Self-employed individuals must provide two years of professionally prepared tax returns.
• A list of personal references – Most finance professionals expect six references. A reference means any individual that knows you personally — be it a family member, friend, or work colleague. Your list should include full names, addresses, and phone numbers. Keep in mind your references cannot reside at the same address. As a courtesy, get permission from your references before listing them as a lender may contact them.
• Phone number verification – Any phone number provided must be in service and under the applicant’s name. Prepaid cell phone numbers will not be accepted.

Additional documentation is required if any of the following apply to you:

• Individuals trading in a vehicle must provide the title.
• Individuals who have completed bankruptcy must provide discharge papers.
• Individuals currently in an open Ch. 13 bankruptcy must provide necessary paperwork after receiving an Authorization to Incur Additional Debt from the court.

Can a Subprime Car Loan Improve Your Credit?

When you’re fresh out of an unfortunate financial situation like bankruptcy or foreclosure, you might feel as though applying for a subprime car loan is just one more setback. Instead, you should think of this as one of your first steps toward rebuilding your credit and getting back on track! When handled responsibly, a bad credit car loan can actually help raise your credit score. So long as you make on-time, in-full monthly payments for your auto loan, you will slowly start to see improvements.

Dale Jr. Says Yes!

Don’t allow subprime credit to hold you back any longer. Remember, when you’re searching for an understanding team in Tallahassee who can help you secure bad credit financing, Dale Jr. says yes! Contact us online today or call us at 850-692-6302 to learn more about how we can help.