Getting a car loan doesn't have to be a nightmare, even with bad credit.

Guide to Taking Out Bad Credit Auto Loans in Portland, OR

Getting an Auto Loan with Bad Credit In Portland, OR

Portland has earned a reputation for being one of the most prominent economic strongholds on the West Coast. This vibrant city offers a great atmosphere and endless opportunities, but having a vehicle at your disposal can be pivotal for success. Having bad credit may pose a huge challenge, but that doesn’t mean you won’t be able to get a car loan. At CompleteAutoLoans.com, we can help you identify auto loan providers that specialize in offering loans to people with poor credit.

If your credit score is less than stellar, you may have limited options when it comes to purchasing a vehicle. New cars are usually more expensive than buying a used vehicle, and lenders tend to be very strict about who they do business with. On the other hand, you can always find a used car in great condition with a lower price tag, allowing you to find an affordable loan without sacrificing comfort.

Bad Credit Auto Loans in Portland OR

Are There Any Fees?

When shopping for the best deal, you should always look out for hidden fees and additional charges. At CompleteAutoLoans.com we help you local reliable lenders that are likely to provide a bad credit auto loan without charging any fees or hidden costs. Our main goal is to assist you in your quest to find a used vehicle at a fair price, while allowing you to build up your credit for the future. You can rest assured none the prices and offers you find through CompleteAutoLoans.com aren’t subject to additional costs or hidden fees.

Auto Loan Amounts and Rates

There are several aspects of a bad credit auto loan you need to take into consideration, but the most important factors may be the total loan amount and the interest rates you receive. The total amount of the loan will tell you how much money the vehicle will cost, including all additional fees, any legal charges, and interests.

The interests are only applied to the loan amount, but you still want to make sure you’re getting fair rates in order to keep your costs low. Keep in mind that lower interest rates are often given to people with great credit. You can always look into improving your credit score by making your payments on time and in full for the next 3 to 6 months. Once your credit goes up, your interest rates will likely go down as well.  

Improving Your Credit Score

Working on your credit score before you purchase a used car can dramatically reduce your costs. As we mentioned before, if you make full payments on time for the next few months, you can see your credit score increasing tremendously. If you don’t have time to work on your score and you urgently need a vehicle, you can always find a lender that allows you to refinance your loan after you’ve made a certain amount of payments.

About Portland, OR

Once known as one of the most dangerous port cities in the world, Portland is now a booming metropolis with a lot to offer. Already the second largest city in the Pacific Northwest, the Rose City boasts of two professional sports teams and some of the most dedicated fans in the country. The diverse music scene in the City of Portland ranges from soulful jazz to punk and even certain branches of underground hip hop.

Best Used Car Dealerships in Portland, OR

While a lot of people don’t even take used cars into consideration, finding a pre-owned vehicle can help you accomplish your goals quickly. Not only this, but thanks to the wide range of vehicles available, you can choose a comfortable model that has electric feature and deluxe surfaces. Moreover, because they are often more affordable than new rides, used cars can help you build your credit score as well.

  1. Ron Tonkin Dealerships Used Cars
  2. Barron’s Auto Sales LLC
  3. Blizzard Motors
  4. Freeman Motor Showroom
  5. E and J Motors
  6. iDrive Autohaus, Ltd.
  7. Atlas Motors LLC
  8. Genuine Motor Company
  9. Powell Motors Inc
  10. PDX Motors

Most Popular Cars in Portland, OR

Because it’s located in the Pacific Northwest, Portland has temperate climates that have both Mediterranean and oceanic features. Summers tend to be dry and warm while winter tends to be cold and rainy.

This region is also known for its natural beauty and numerous reserves, making it one of the most popular tourist destinations in the country. Residents of Portland tend to purchase vehicles that can be exposed to harsh weather and that allow them to take advantage of the region’s natural beauty. The most popular vehicles in Portland are:

  1. Ford F-Series
  2. Subaru Outback
  3. Honda Accord
  4. Honda Civic
  5. Toyota Camry
  6. Chevrolet Silverado
  7. Jeep Grand Cherokee
  8. Smart ForFour
  9. Honda Civic
  10. Honda CR-V

Find Bad Credit Auto Loans Today

Bad credit auto loans may be challenging to find, but with the right help, you should be able to find a lender that offers fair rates. At CompleteAutoLoans.com we specialize in connecting borrowers with low credit scores to lenders that provide bad credit auto loans. You can take a look at our bad credit auto loan tool to find a lender or learn more by checking out our resources page!