Financing a car or truck when you have bad credit has never been so easy. Although a fico score of 707 is average across the state of Minnesota, there many thousands of individuals in need of bad credit auto loans.
Almost all loan providers require consumers who have bad credit to have a salary of $1500 each month, minimum, and not more than $750 monthly in debt payments (inclusive of your auto loan).
Auto Loans With Bad Credit in Minnesota
Below are some actions you can take to improve your chances of getting approved for a bad credit auto loan in Minnesota.
- Make Sure No Errors Are Bringing Down Your Credit Rating.
- Supply More Money Down.
- Get a Co-signer.
- If All Else Fails, Get an Auto Loan at a Buy Here Pay Here Car Lot in MN.
Mind you, we suggest that you finance a cheap used car that offers good gas mileage.