How to Buy a Car With Bad Credit

If you're wondering how to buy a car with bad credit, well you've come to the right place...Freedom Auto Sales in Fort Mohave, serving our surrounding areas of Bullhead City, Laughlin, Lake Havasu and Needles (quite frankly anyone in need of financing that is willing to make the short drive to Hwy 95) has you covered and we Guarantee your Credit Approval...It really doesn't matter how bad.  We've created this guide to help simplify your experience.

First off, some of the situations you may find yourself in are:
 
  1. First Time Buyer
  2. Multiple Medical Collections
  3. Liens, Judgments or other Legal Actions
  4. Divorce
  5. Bankruptcy (multiple OK)
  6. Repossession (multiple OK)
  7. Foreclosure (multiple OK)
  8. Currently Delinquent Auto Loan
  9. Bad Credit with Short Job Time
  10. Bad Credit with Short Residence Time
  11. Charged off Credit Cards, Utilities, Apartments, etc...

Don't fret...  In all of these situations, even if some or all are combined, we have an approval waiting for you!  It is truly no problem to buy a car with bad credit at Freedom Auto Sales in Fort Mohave.

Things to Bring

To make things easier and a bit faster to get your loan approved and finalized we recommend being ready to bring:
 
  1. Proof of Income
    This will vary from person to person, but typically consists of your most recent pay stub showing your year-to-date earnings.  If you do not have a pay stub, then some other options are 3 months of bank statements (self employed, 1099 contracted employees, to prove tips not reported on pay stubs, etc.).  For others, namely retired folks, award letters for SSI and/or pension statements (sometimes it is also necessary to bring bank statements to support these letters).  And in other cases, a letter from your employer stating what your monthly income is with your hourly wage, hours worked per week and your hire date.  Most any and all forms of proof of income must be dated within 30 days of the lenders approval.
     
  2. Proof of Residence
    A utility bill in your name, dated within 30 days, showing your current physical address.  If you don't have utilities in your name, then oftentimes a recent bank statement, cell phone bill or credit card statement mailed to your home, in your name, will be just fine.  If you've just moved into your new home, then many lenders will accept a rental or lease agreement as well.
     
  3. References
    Each lender will require anywhere from 2-10 family/personal references.  They are looking for the name, address (each reference must have a unique address and no PO Boxes) and phone numbers for some people that you know and that know you.  Most lenders are looking for a number of references somewhere in the middle with 6 being the most common.
     
  4. Proof of Full Coverage Insurance
    This can be handled at the dealership with a short phone call followed up with a fax from your insurance agent.
     
  5. Current Drivers License
  6. Landlords Phone Number (if applicable)
  7. Your Down Payment and/or Trade In

That's about as easy as it gets to buy a car with bad credit!  From there, leave the heavy lifting to us.  We'll haggle with the banks to secure you an amazing auto loan and then all that's left is to take care of some simple paperwork.  Voila, your approved and on the road!

Want to make things even easier?  Go ahead and  start the process now by completing our online, no obligation auto loan credit application.  Please be sure to contact us if you've got any questions about any of the items above or simply have other questions about how to buy a car with bad credit...We're here to help!