A low credit score shouldn't keep you from a reliable car. At Carselect, a family-owned used car dealership on East New York Street in Aurora, we help drivers with bad credit, no credit, and past credit problems find financing that fits their budget, every week.
Who we help
You're welcome to apply if you have:
- Bad credit or a low credit score, including late payments or accounts in collections
- No credit history, such as first-time buyers, students, and recent arrivals
- A past repossession or bankruptcy that you're working to put behind you
- Self-employment or cash income, which you can show with bank statements
- A trade-in you still owe money on, since the payoff is handled as part of the deal
How it works
- Apply online in about 2 minutes. Our secure credit application goes straight to our finance team.
- We check with one or two banks first. We see how your credit and application look, then sit down with you and decide together whether it makes sense to send it to more lenders. That way your credit isn't pulled more than it needs to be.
- Pick your car and drive. Choose from our quality-inspected inventory (including cars under $15,000), review the terms with us, and only sign when the numbers work for you.
What to bring
- A valid driver's license
- Recent pay stubs or other proof of income
- Proof of residence, such as a utility bill or lease
- Your down payment, if you have one
- The title or loan information for your trade-in, if you have one
How to improve your chances
- Put money down. Even a modest down payment lowers the lender's risk and your payment.
- Use your trade-in. Its value works like a down payment. Get a free offer on your car first.
- Be flexible on the vehicle and term. Sometimes a slightly different car, a longer term, or a payment a few dollars higher is what gets you approved.
- Consider a co-signer. A co-buyer with stronger credit can help you qualify.
A longer loan doesn't lock you in. You can pay it off early with no extra fees, or trade the car in later, and you stop paying interest on the balance from that point on.
Rebuild your credit while you drive
An auto loan with on-time payments is one of the most effective ways to rebuild credit. Set up automatic payments, keep the car insured, and after a year or so of on-time payments you may be able to refinance at a better rate.
Want the full step-by-step? Read our guide: How to Get a Car Loan With Bad Credit in Aurora, IL. Not sure what fits your budget? See How Much Car Can I Afford?
Serving Aurora and nearby communities
Drivers come to us from Aurora, Naperville, Oswego, Montgomery, North Aurora, Plainfield, and across the western suburbs. Visit us at 1515 E New York St, Aurora, IL 60505, or call (630) 851-1515.