How Do Car Loans Build Your Credit?

It’s simple! We qualify you based on your real circumstances, not your credit score. Then we give you a loan that you can afford at a rate that is fair. As you make your regular scheduled payments, we report back to the credit agencies, and your score gradually climbs. Meanwhile, you’ve got the car you need, without your financial past getting in your way. It’s a win-win.

Why Finance Online?

Banks and other brick and mortar financial institutions have a higher overhead, so they often need to charge you more.

Online loans have quicker turnaround time, and simpler paperwork. Why go through the hassle of visiting a bank in person, then waiting days just to find out you don’t qualify? We’ll get back to you immediately.

You can qualify, even if you have poor credit. Banks are often cautious to lend to people with a low score. We’ll look at your entire situation—not just your credit history—and help you get on the road.

Why Do We Accept Applications With Low Credit Scores?

There are all kinds of reasons why an individual might have a bad credit score and still be a responsible person. Divorces, accidents, past financial hardships: these things happen to all of us. What matters to us is if you currently have a steady income, and are prepared to make your car loan payments on time. We look at the whole picture, assess your situation fairly, and make it possible for you to move forward. We believe that this is a better deal for everybody.

Why Not Go Through Dealerships?

An auto dealer’s job is to get the best deal for their own business. That’s why they often work on commission. Even if you’ve negotiated a good deal on the car itself, financing can be another opportunity to add costs. Put yourself in a good bargaining position: When you apply online, we can compare multiple lenders. That means they have to compete to give you a loan. When you apply in person at a dealership, you are a captive audience. Even if the car you want is sitting in a dealer’s lot, financing through an online lender like Driven Car Loans allows you to walk in with a loan in hand, and a set budget. This gives you an advantage.

What are you waiting for? Fill out our free application today, and find the right auto loan for your needs.