How to Get a Car With Bad Credit

Hands Doing Calculations with Calculator


If your credit score is poor or needs improving, you might be wondering if you can still obtain a car loan in the Louisville, KY area. This is a very common question that we get at Don Franklin Auto – customers often come to us wondering if their credit score will prevent them from getting the car of their dreams. The short answer is no, your credit score does not have to stand in the way of your next ride. You can in fact finance a car with poor credit, it just isn’t quite as easy as it would be with a better score.



The first step is to apply for financing, which you can do right from our website. Then, our finance team will get in touch with you to work out a payment plan that fits with your credit score and your financial situation. We’ve got more information on bad credit car loans in the guide below, so you can make as informed a decision as possible when the time comes.

How to Get a Car Loan with Bad Credit

Before making the commitment to obtain a bad credit car loan for your next Russel Springs, KY ride, you’ll want to carefully review your financial situation and consider the following:

  • Determine how much you can afford to pay. Take into account car-related expenses that go beyond the flat cost, like gas, insurance, maintenance, and registration fees.
  • Make a bigger down payment if possible. Making a larger down payment is a way for lenders to see you in a favorable light as a borrower, which is key if your credit score needs improving. A larger payment up front also means your loan balance will be smaller, which reduces your interest in the long run.
  • Clean up your credit report. Carefully go over your credit report before applying for a loan. If you catch any errors at all, be sure to dispute them so they don’t drag your credit score down unnecessarily. On a similar note, if you catch any outstanding debts, start paying them off as soon as possible, even if you can only make a small dent. Every little bit helps!
  • Be realistic. You may not be able to afford your dream car just yet, and that’s all right. Focus on financing a car with an affordable payment that fits into your current credit score.
  • Shop around with lenders. Don’t be afraid to check out a few different lenders to compare their rates – you don’t have to go with the first lender to approve you.

Improving Your Credit Score with a Car Loan

If you do end up taking out a car loan with bad credit, be sure to make all your payments on time and in full every month – this will end up improving your credit score and credit profile. As your credit score improves, you’ll get more lending power down the line for lower interest loans and credit cards!

Finance Your Next Ride with Don Franklin Auto!

If you have any questions about how to get a car loan with bad credit, don’t hesitate to contact our office anytime! You can also stop by our finance center near Somerset, KY to talk to a member of our finance team in person, and we’ll be happy to help you out. And if you’re interested in saving even further on your next ride, be sure to check out our new vehicle specials!


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