How to Help Consumers with Bad Credit Obtain Credit Approval
For many car buyers with bad credit or no credit, getting approved for auto financing can be a challenge. Fortunately, there are banks, credit unions and finance companies like Credit Acceptance that offer subprime auto financing so dealers like you can help credit-challenged car buyers obtain credit approval.
Dealers on the Credit Acceptance auto finance program can say ‘Yes’ to every customer, including those with:
- Fixed income
- Unemployment income
- Multiple open autos on bureau
- Multiple repossessions
- Self-employment
- Non-related co-signers
- Bad credit
- No credit (first-time buyer)
- No minimum job or residence time
- Temporary employment
- Chapter 7 Bankruptcy
- Chapter 13 Bankruptcy (with court/trustee approval)
See Credit Acceptance Funding Guidelines for more details.
To become a dealer on the Credit Acceptance auto finance program and help every customer get credit approval, fill out this short form on our website!
