Bad Credit Car Loans & Auto Financing in Mishawaka

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Nobody Goes Home Empty-Handed With Our Credit Approvals at Michiana Chrysler Dodge Jeep Ram

If have credit issues and have been searching for bad credit or no credit car dealerships in South Bend, then you've come to the right place. Michiana Chrysler Dodge Jeep Ram believes that our bad-credit auto loans can help you take control of your situation by providing you with a solution to your transportation needs. Even if you have no established credit or have had trouble securing auto financing elsewhere, we'd like to get you approved to take home one of our top-quality cars, trucks, vans, or SUVs near Michigan City. Michiana Chrysler Dodge Jeep Ram has been helping residents of Elkhart, IN, with our vehicle financing solutions for many years, so get in touch with us when you spot a great deal on a vehicle that you'd like to take advantage of.

Bad Credit Car Loans

With a little help from Michiana Chrysler Dodge Jeep Ram, you'll take the first step in getting your credit back on track. Since an auto loan is reported to the credit bureaus monthly, maintaining a good payment record can make a significant impact on your credit score. For many of our customers, a new vehicle offers them access to a world of opportunity, so they're able to make more money while gaining access to a vehicle that they can enjoy in their spare time, as well. We'll cover the basics of auto financing and some tips to raise your credit score quickly before you even visit our dealership in Mishawaka.

How Can I Raise My Credit Score?

Many of our customers are unaware of some items that are listed on their credit report, and this can often reveal inaccuracies. Duplicate accounts, accounts that have already been repaid, and items that may be missing from their credit report are all common items that are encountered. You're entitled to a free credit report from the major bureaus once per year, or if you're denied credit for any reason. Visiting each bureau's website can help you to obtain your free report. You can dispute inaccuracies on your report through these websites, or you can hire a credit repair agency to help you with this task. Paying your credit card balances to 30 percent, or less, of your credit limit, can also raise your score significantly. With an increased credit score, you could qualify for better terms with your auto loan.

How Does a Lack of Credit Affect a Car Loan?

Without any credit history, the lender is unable to determine your risk level, so compensating factors are often reviewed. This can include your employment history, assets, and anything else that the lender can use to establish your general financial reputation. Similar to a bad credit car loan, you'll receive an interest rate that reflects the interpreted risk level.

What Is A Subprime Auto Loan?

Having bad or no credit can pose a road-block for car buyers, especially when trying to get a car loan. However, with the support of the right experts, individuals can procure an alternative deal, otherwise known as a subprime auto loan. While interest rates tend to be higher, this will enable you to purchase your first or next vehicle by paying it off over time. In doing so, you can simultaneously improve your credit score. Rest assured, our dealership also maintains a close relationship with reputable lenders from Granger to Niles and beyond, which means we help you negotiate a reasonable rate

The Basics of Auto Financing With Michiana Chrysler Dodge Jeep Ram

When you apply for an auto loan, your creditworthiness determines the offers that you qualify for. The lower the risk that you pose to the lender, the more favorable the terms will be. This means that you can qualify for lower APRs, which, in turn, mean lower monthly payments. Another option that many customers at Michiana Chrysler Dodge Jeep Ram exercise is to refinance the auto loan after their credit has improved. The term for your vehicle loan is usually expressed in months. The more months that you choose, the lower your monthly payment will be; however, this isn't without additional interest costs. If you're able to trade-in your old vehicle that's paid off or make a down payment, you'll reduce the monthly payment. Some borrowers are required to put money down, and Michiana Chrysler Dodge Jeep Ram in Mishawaka will be happy to cover the details regarding the options that you qualify for.

Take Home Your Next Vehicle With Michiana Chrysler Dodge Jeep Ram Today

Whether you're in Granger, IN or Niles, MI, we're ready to get your auto financing loan started, so get in touch with Michiana Chrysler Dodge Jeep Ram, and we'll work our hardest to get you home in a reliable vehicle that you'll love for many years to come.


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  1. Michiana Chrysler Dodge Jeep Ram FIAT

    120 W McKinley Ave
    Mishawaka, IN 46545-5606

    • Sales: 5735590286
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Get in Touch

  • Contact our Sales Department at: 5735590286
  • Monday09:00AM - 07:00PM
  • Tuesday09:00AM - 07:00PM
  • Wednesday09:00AM - 07:00PM
  • Thursday09:00AM - 07:00PM
  • Friday09:00AM - 07:00PM
  • Saturday09:00AM - 07:00PM
  • SundayClosed