Can I get a car loan with a credit score of 500?

According to credit reporting agency Experian, more than 21% of auto loans in the fourth quarter of 2018 were extended to borrowers with subprime (501-600) or deep subprime (500 or below) credit scores. So, the answer is yes, you can buy a car with that credit score.

Does CarMax run a hard credit check?

You can do this by using the CarMax preapproval tool, which will initiate a hard pull on your credit. This can have a small negative impact on your credit report, and is a routine step in securing financing from almost any lender, though it may come later in the process with other lenders.

Where to get a car loan in Raleigh NC?

Here at AUTO FINANCE OF RALEIGH, we service the top pre-owned auto dealerships in the state. With access to over 32 lending institutions we have a special finance program for you regardless of your credit. Dealing with the best banks across the country we will get you the auto loan you need to get you back on your feet.

Are there any car dealerships in Raleigh NC?

Many of our customers have driven their vehicle home the same day they applied. Here at AUTO FINANCE OF RALEIGH, we service the top pre-owned auto dealerships in the state. With access to over 32 lending institutions we have a special finance program for you regardless of your credit.

Where can I get a car loan with poor credit?

Drivers with poor or no credit can fill out the short online auto finance request form. The site works with the country’s largest network of car dealers who are skilled in special finance. You can expect a decision in as little as 24 hours, and sometimes it takes only a few minutes.

Where can I get the lowest auto loan rate?

The site posts the lowest new auto rate for the day, but you can also apply for used car loans, refinancing, financing for private party purchases, or lease buyouts. It shares your loan application with its network banks, finance companies, automobile dealers, credit unions, and affiliates.