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Dealership hours of operation
Mon - Fri 7:00 AM - 6:00 PM
Sat - Sun Closed
Dealership hours of operation
Mon - Fri 7:00 AM - 5:30 PM
Sat - Sun Closed
Dealership hours of operation
Mon - Thu 7:00 AM - 7:00 PM
Fri 7:00 AM - 6:00 PM
Sat 9:00 AM - 5:00 PM
Sun Closed
Dealership hours of operation
Mon - Thu 8:00 AM - 5:00 PM
Fri 7:00 AM - 5:00 PM
Sat - Sun Closed

How to Get a Loan with for a Ford Truck a Bad Credit?

How to Get a Loan with for a Ford Truck a Bad Credit?

Get a Loan Ford Truck a Bad Credit

 

If you're thinking of getting a new Ford truck but have bad credit, you might be worried about the loan. You may even wonder if you can get a loan. Some people aren't really sure if their credit is good or bad when it comes to buying a new Ford truck. What type of credit do you need, and can you get a truck loan if you have bad credit? Let's take a look.

 

What Will Effect Your Credit Score?

 

If you're wondering what type of things can impact your credit score, then read on. Some things that will affect your score are the following:

 

  • Not paying your bills on time
  • Failing to pay a bill altogether
  • Getting a repossession
  • Having too high of a credit utilization ratio
  • Bankruptcy or collection
  • No credit
  • Short history

 

If you have one or more of these issues, it could impact your credit score. However, when getting a loan for a vehicle, lenders will look at other factors too.

 

Other Factors Involved When Getting a Car Loan

 

Lenders will take into consideration your income and debt to income ratio. Also, they will look at how long you've been on the job and how reliable your job is. This can help improve your chances of getting a car loan even if your score is not the best.

 

Another factor that may help with credit approval is having a low amount of debts. If the bank sees that you don't owe a lot of money to others, they may be more apt to get you a loan.

 

Consider a Used Vehicle

 

If getting a new car will put your monthly payment up too high, consider a used car. You can often get an excellent deal on a used car and they sometimes come with warranties too. Many have low mileage and were one-owner cars. You can save substantially getting a used vehicle. Talk to your car sales associate about your options.

 

Get a Bad Credit Loan

 

Stop by Zender Ford to find out more details about getting a bad credit car loan. We work with all types of credit issues. You can discuss what type of payment you would be comfortable with, and we can help you find the ideal ride. Whether it's new or used, we will get you in a vehicle. Get in touch today!

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