Find an Auto Loan After a Divorce at Jefferson City Autoplex Finance, in Jefferson City, MO
If you have gone through a divorce and have noticed a decrease in your credit score following the end of your marriage, you are not alone. In fact, up to one-third of divorcees experience a decline in their credit score shortly after their divorce. Local drivers with bad credit can still get an auto loan for a reliable new or used vehicle here at Jefferson City Autoplex Finance. Our dedicated Finance team will guide you through the entire application process for a bad credit car loan, and search for a tailored plan from one of our trusted lending partners.
When you apply for a bad credit auto loan following a divorce, here are a few tips to ensure that your application process goes as smoothly as possible:
- First, obtain the latest copy of your credit report and look for any issues. If you currently share a joint debt with your ex-spouse that has become delinquent, this may negatively affect your credit score going forward.
- Bring proof of income to Jefferson City Autoplex Finance, or the dealership that you are working with, when applying for your poor credit auto loan.
- Set aside or save up for a substantial down payment on your next vehicle. If you are financially able to put down 20% of the vehicle price or more, that would be helpful in securing your bad credit loan.
- Apply for financing here on the Jefferson City Autoplex Finance website through our secure online credit application.
If you live near the cities of Jefferson City, Ashland and Westphalia, MO, and are in need of a bad credit car loan, contact Jefferson City Autoplex Finance.