In Fountain, Colorado, car loans have been much harder to get. Without a doubt, many banks have tightened up their guidelines, but there are finance companies who will assist you, and it’s our mission to help you track them down. Best of all, our service costs nothing.
The city’s average monthly income is $3,513. The average credit rating is 674. The better your fico scores, the lower your loan rates.
The vast majority of car loan companies will expect you to earn a minimum of $1500 income per month, and your total monthly debt, inclusive of your new loan, must not exceed half of your income. In Fountain, Colorado, this rounds out to $1,757, on average.
Income or credit score not high enough? You should still qualify with a co-buyer, larger down payment, or via buy here pay here car lots in Fountain, CO.
Used Car Loans: Fountain (CO)
Have you sat down with a calculator and run the numbers for your new car? In most cases, it’s best to invest only a fifth of your monthly income for things like:
- Car Payments
- Repairs and Maintenance
If you were to make $42,156 annually, this means $632-$703 a month. In terms of depreciation, used auto loans are best, as new cars depreciate too soon to be a smart financial investment.
Car Loans with Bad Credit: Fountain (CO)
At Car Loan Colorado, poor credit is no issue. In Fountain, Colorado, the typical car owner has got a fico score of 674. A score of 674 itself is less than perfect. So a lot of folks need poor credit car loans in Fountain, Colorado.
If you have a bad credit score, Car Loan Colorado offers access to loan providers who supply Colorado bad credit auto loans each and every day. Follow this link to submit your application online. Nearly all loan providers require consumers who have poor credit to have an income of $1500 a month, at minimum, and no more than $750 monthly in debt payments. This includes your new bad credit car loan.
No Credit Check Auto Financing: Fountain (CO)
For many people in Fountain, Colorado, buy here pay here dealerships have become the final option to secure financing. These dealerships are often referred to as: Tote the Note, Your Job is Your Credit, or in house financing car lots in Fountain, CO.
These car loans tend to be available with no credit check. Sadly, there are some potential downsides. The APR rates and advance payments are higher than average; on top of that, you’ll have little chance to re-establish your credit through this kind of a dealership.
Even if you are having difficulties with a bad credit score, we may be able to help you get approved for the car loan you’re looking for without relying on in house financing.
Dealer Auto Loans in Fountain, CO
- Pyramid Motors & Public Auction, 905 S Santa Fe Ave, 80817
- Rainbow Motors Inc, 5180 Fontaine Boulevard, 80817
- Bob’s Auto Repair & Sales, 9170 South USHighway 85-87, 80817
- Mirage Motor CO, 7219 Bandley Drive, 80817
- Lynn C Motors, 307 North Santa Fe Avenue, 80817
- Lynn C Motors, 307 N Santa Fe Ave, 9574