Auto Loans in Langhorne (PA)

Would you like to pre-arrange your financing? You’ve come to the right place. Our service is fast, secure, and effective. Users who meet the minimum criteria have a 90% chance of getting financed. Just submit your application, and we’ll start working to get you the car loan you need.

Dealers in Langhorne That Accept Bad Credit

A history of bad credit can be a hurdle when trying to finance a car, but not when you submit an application through us.

In fact, we work with with Pennsylvania dealers and lenders who work with people of each credit level. Most loan companies require applicants with poor credit to provide a down payment, but most applicants get approved the same day they apply. Plus, a paid-as-agreed auto loan is an excellent way to improve your credit scores. So let us find you a lender or dealer who finances bad credit – today!

How much will you be eligible to borrow? That depends on your income and credit history. This chart details the maximum loan amount for people of several different credit ratings, given an income of $2,563 per month, the average for Langhorne residents. Don’t forget, these are only estimations.

Credit Income Factor Sum
Good Credit 10 $25,630
Decent Credit 9 $23,067
Temporary Bad Credit 8 $20,504
Poor Credit 7 $17,941
Very Bad Credit 6 $17,941

Again, these are merely approximations. For a precise quote, please submit your application.

No Money Down Auto Loans?

We can help you find dealers who finance people in Langhorne with no money down. However, providing a down payment affords you substantial advantages:

  • Shortens loan, meaning less is paid in interest.
  • Decreases monthly installment.
  • Protects against the risks of an upside down loan.

With that being said, today’s lenders and dealers understand that down payments are especially challenging in this economy. Submit your application, and indicate that you won’t be putting any money down. We’ll work hard to place your application with a lender or dealer who can fund your loan, zero down payment needed.

What About In-House Financing?

Buy here pay here financing is commonly known as:

  • Your Job is Your Credit
  • We Tote The Note
  • Rent to Own
  • We Finance

Shoppers who have been unable to secure financing because of serious credit problems often wind up at dealerships like these. They approve people with problems like bankruptcy or repossession on their record.

Credit and Income: Langhorne

There is more to the approval process than just your credit score. Lenders review the following:

  • Income
  • Source of Income
  • History of Credit

Here are some average statistics for residents of Langhorne.

  • Pre-Tax Income: $2,563 Monthly
  • Average Monthly Payment: $282 (11% of Income)
  • Recommended Monthly Payment: $205 to $256 (8%-10% of Income)

Ever wondered about the credit ratings of your friends and neighbors? We’ve estimated how many Langhorne consumers fall into each credit tier.

FICO Score % of Population Residents
300-499 2% 1145
500-549 5% 2862
550-599 8% 4579
600-649 12% 6868
650-699 15% 8585
700-749 18% 10302
750-799 27% 15453
800-850 13% 7441