How to Increase the Chances of Getting a Car Loan with Poor Credit: Subprime Loans


If you need a car but have been turned down because your credit is less than ideal, you have options at Nissan Of Streetsboro. Several lenders provide car buyers with what are known as “subprime loans”. Subprime loans give buyers with poor credit, no creditor limited credit histories, the opportunity to finance the purchase of a vehicle. Many auto dealers work with third-party lenders who are willing to work with customers with poor credit. Nissan Of Streetsboro is able to use our financing network to work with your credit and find you a car you love.

How It Works

There are a few basic steps to take when seeking financing with poor credit.

  • First, you need to find a dealer who works with credit challenged customers;
  • Second, work with the dealer to find the right third-party lender for pre-approval; and
  • Third, find the right car that fits your budget and transportation needs..

What To Bring When Applying For A Loan

Lenders vary in what they require, so you’ll want to do some research to prepare these commonly requested items.

  • Valid driver’s license
  • Computer-generated paycheck stubs
  • Recent utility bill or bank statement with your name on it
  • Cellphone or landline phone bill in your name

If you are approved, please make sure you have these items with you:

  • Down payment of at least $500 or 10% of the car’s selling price
  • Five to eight personal references

Get An Instant Loan Decision Online at Nissan Of Streetsboro

If you are looking for a car, truck, or SUV loan, apply online at Nissan Of Streetsboro. Our one-page application form is quick to complete and we provide an instant decision on your request. For any questions and to speak with a helpful service representative, contact us or give us a call at Nissan Of Streetsboro to discuss your personalized finance options.



Directions to Nissan Of Streetsboro

Nissan of Streetsboro, Classic Drive, Streetsboro, OH, USA

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885 Classic Drive, Streetsboro, OH, 44241
Nissan Of Streetsboro 41.24838, -81.3629947.