Bad Credit Financing

Bad Credit Financing with Griffith Ford Seguin

If you’ve been dealing with a broken-down vehicle that needs to be replaced but you have bad credit, you can still get approved for financing with Griffith Ford Seguin. We understand that tough times can happen to anyone, and we want to help you get back on your feet with a reliable car, truck, or SUV for work and school around Seguin, Luling, and Lockhart.

Subprime Loans for New and Used Vehicles

Our finance department has access to multiple loan products, including subprime loans for those with less-than-perfect credit. These loans are designed specifically for people who have had missed payments, serious delinquencies, and even repossessions.
Subprime loans come with a higher interest rate because of the increased risk, but they still offer affordable payments. You can even qualify for financing with no money down if you don’t have cash for a down payment. If you have an old vehicle, you can use it as a trade-in for your down payment to lower the price.
Lenders with this type of loan are more willing to take the extra risk, which allows them to approve applications from people with bad credit. They look at more than just your credit score. Subprime lenders also consider your employment history and income as well as how much you want to borrow.
As you make on-time payments with your subprime loan, you can improve your credit rating. Once you’ve paid off this loan, you can qualify for better financing with lower rates on a new or newer used vehicle.

Find Your Used Vehicle with Griffith Ford Seguin

You can get started by filling out our online credit application form to get pre-approved. We work hard to get you approved for one of our vehicles. Getting pre-approved before you start shopping lets you know how much you’ll qualify for, so you spend your time looking at vehicles in your price range.
It also gets a lot of the paperwork out of the way. You can send any documents we need through email, which will help you save time when you come in to buy your vehicle. Once we have determined the amount you can get in a loan, our sales team will show you what we have available in our inventory. You can come in and take a look at a new Ford EcoSport or Ford Edge. Take your favorite model for a test drive to see how it fits your lifestyle.
Our finance team will answer any questions you have about financing and subprime loans. We’ll help you get approved, so you can get into a newer and better vehicle quickly, often on the same day as when you apply.