Bad Credit Car Loans

Looking for a new car near Indianapolis, Lawrence, or Speedway but worried about your credit score? Don't be! Andy Mohr Nissan is here to help. We have an expert financing team that will help you get approved for a bad credit car loan, so you can drive off in the car you want.

What Is a Credit Score? 

A credit score can determine everything from what kind of car loan you qualify for to whether you're able to buy a house. It's a crucial piece of financial information that's based on payment history.

The first thing that goes into your credit score is if you have any unpaid loans or credit card debt. Also, how frequently you make payments is an important factor.

If you pay your credit card bill off every month, you'll have a high credit score. However, your score will be lower if you only make a payment every few months or only pay the minimum balance.

Your credit history is the next thing that determines your credit score. Paying off your credit before financing is great and will make your score go up, but if you've been in and out of debt several times, that's going to give you a lower score.

How many lines of credit you have also goes into consideration. It's not a good idea to open more credit cards or make big purchases before applying for an auto loan because those can also lower your score.

How Credit Affects Your Car Loan

When you apply for a loan, banks and lenders look at your credit score as how likely you're able to pay off what you're applying for-and that's how they usually decide who gets approved.

This is also why you could see several different offers. Your credit score determines everything from the interest rate to the length of the loan.

You shouldn't worry if you have bad credit, though. Our finance department will work with you, no matter what your credit score is, to make sure you get guaranteed approval.

Finance Department


We have a staff of expert financing professionals, ready to work with you to get great options. Their goal is to get you a loan that works for you and gets you behind the wheel of your next car.

With decades of experience as members of the community, our team has built relationships with local banks and lenders. They'll work together to make sure you get approved for an auto loan, even if you have bad credit.

Our team will make the whole process as easy and clear-cut as possible. They can even help you improve your credit before applying, so you'll end up with a better loan.

Financing with Bad Credit

When you meet with our finance team, they'll do everything they can to help you finance a new car, even with bad credit. First, check your credit score on a reliable source, such as Experian.

Once you know where your credit stands, see if you can pay off any debts or lines of credit before applying for an auto loan. Then, our team will go over options with you.

If you finance a new car, you may actually end up with a lower interest rate than if you were to buy a used car. You can also renegotiate and shorten the length of your loan, which will give you higher monthly payments, but your interest rate will be lower.

Whatever options jump out at you, there's no need to worry if you have bad credit. Our financing department is here to help you get approved.

Get Started

For drivers in Indianapolis, Lawrence, and Speedway, Andy Mohr Nissan is here to help you get the car you want by getting you approved for bad credit car loans. Get started today by applying for financing online or check out our new car deals.

Contact Us

/* dtannasaponjyan 04789967 */