Bad Credit Loans in Dothan, AL

Bad credit loans in Dothan, AL, at Gilland Ford are possible to obtain for a variety of potential purchases. Feel free to contact us after reading this brief overview about the details surrounding the borrowing process.

Credit Numbers

Because there are a lot of reasons that an individual could find themselves in a less-than-ideal credit situation, we turn to the FICO ratings system to determine what kind of loan packages a person is eligible for. This figure is a three digit number that ranges from a low or 300 to a high of 850. Anything below 600 is considered to be in the bad credit category. Even if you happen to land in this designation, you can still arrange to get a loan for a vehicle you love to drive around on West College Avenue.

Score Factors

It is helpful to know what credit score factors come into play to determine your FICO score and vehicle loan options. Ford finance options offer a variety of borrowing choices and various interest rates. The primary factors that determine your FICO score are the amount of money you owe and your payment history. If it can be demonstrated that you have borrowed within a certain range and paid bills promptly, you will be able to get better loans so you can drive to Oak Ridge. But, even if there is a less than perfect history in these areas, you can still manage to arrange for a solution. After all, the kind of credit you have, the duration of your loan history, and even any larger purchases charged recently can all have an impact on your scores.

Financial Considerations

It is wise to consider your own monetary situation to decide what kind of vehicle purchase makes the most sense for you. Our Finance Department staff can help you determine a sensible budget that can allow you to drive your preferred set of wheels on Hardy Road soon. While bad credit can seem like a setback, it is not one that is impossible to overcome with effective strategic planning. We even offer a broad range of open hours, so our staff can help you achieve clarity about any aspect of bad credit loans you want to know more about. We look forward to speaking with you soon.