Car Loans | Finance Made Easy - Driva (2024)

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See why over 500,000 Aussies trust Driva

to find their best rate

Car Loans | Finance Made Easy - Driva (11)

Car Loans | Finance Made Easy - Driva (12)

Car Loans | Finance Made Easy - Driva (13)

Car Loans | Finance Made Easy - Driva (14)

Car Loans | Finance Made Easy - Driva (15)

A refreshing experience

Mark Orson: I recently financed the purchase of a car through Driva. The great thing about Driva is that they have a number of lending partners to choose from and the options and interest rates for comparison are very transparent.

1 day ago

Car Loans | Finance Made Easy - Driva (16)

Car Loans | Finance Made Easy - Driva (17)

Car Loans | Finance Made Easy - Driva (18)

Car Loans | Finance Made Easy - Driva (19)

Car Loans | Finance Made Easy - Driva (20)

Just when I was about to give up

Melissa Baker Just when I was about to give up, I reached out to Driva. They have been amazing, they didn't quit until I had approval and they found me the best rate I could have wished for.

5 days ago

Car Loans | Finance Made Easy - Driva (21)

Car Loans | Finance Made Easy - Driva (22)

Car Loans | Finance Made Easy - Driva (23)

Car Loans | Finance Made Easy - Driva (24)

Car Loans | Finance Made Easy - Driva (25)

Superb, quality service!! 🌟🌟🌟🌟🌟

Sarah P: Excellent service! Super fast response for approval! Will definitely mention to friends and family and use again in the future! Thank you!!

5 days ago

Car Loans | Finance Made Easy - Driva (26)

Car Loans | Finance Made Easy - Driva (27)

Car Loans | Finance Made Easy - Driva (28)

Car Loans | Finance Made Easy - Driva (29)

Car Loans | Finance Made Easy - Driva (30)

Matt was fantastic

Stephen Powell: Matt was fantastic. It didn't matter that the parameters for the finance kept changing throughout my car search. Driva team comms were clear, concise and they exhibited a professionalism that was accomodating and friendly.

5 days ago

Car Loans | Finance Made Easy - Driva (31)

Car Loans | Finance Made Easy - Driva (32)

Car Loans | Finance Made Easy - Driva (33)

Car Loans | Finance Made Easy - Driva (34)

Car Loans | Finance Made Easy - Driva (35)

Quick and easy to deal with

Mario Leodra: Thank you Harry and Shaz for their kind assistance to make the transaction easy and pleasant from day 1 to settlement.

3 days ago

Car Loans | Finance Made Easy - Driva (36)

Car Loans | Finance Made Easy - Driva (37)

Car Loans | Finance Made Easy - Driva (38)

Car Loans | Finance Made Easy - Driva (39)

Car Loans | Finance Made Easy - Driva (40)

A refreshing experience

Mark Orson: I recently financed the purchase of a car through Driva. The great thing about Driva is that they have a number of lending partners to choose from and the options and interest rates for comparison are very transparent.

1 day ago

Car Loans | Finance Made Easy - Driva (41)

Car Loans | Finance Made Easy - Driva (42)

Car Loans | Finance Made Easy - Driva (43)

Car Loans | Finance Made Easy - Driva (44)

Car Loans | Finance Made Easy - Driva (45)

Just when I was about to give up

Melissa Baker Just when I was about to give up, I reached out to Driva. They have been amazing, they didn't quit until I had approval and they found me the best rate I could have wished for.

5 days ago

Car Loans | Finance Made Easy - Driva (46)

Car Loans | Finance Made Easy - Driva (47)

Car Loans | Finance Made Easy - Driva (48)

Car Loans | Finance Made Easy - Driva (49)

Car Loans | Finance Made Easy - Driva (50)

Superb, quality service!! 🌟🌟🌟🌟🌟

Sarah P: Excellent service! Super fast response for approval! Will definitely mention to friends and family and use again in the future! Thank you!!

5 days ago

Car Loans | Finance Made Easy - Driva (51)

Car Loans | Finance Made Easy - Driva (52)

Car Loans | Finance Made Easy - Driva (53)

Car Loans | Finance Made Easy - Driva (54)

Car Loans | Finance Made Easy - Driva (55)

Matt was fantastic

Stephen Powell: Matt was fantastic. It didn't matter that the parameters for the finance kept changing throughout my car search. Driva team comms were clear, concise and they exhibited a professionalism that was accomodating and friendly.

5 days ago

Quick and easy to deal with

Mario Leodra: Thank you Harry and Shaz for their kind assistance to make the transaction easy and pleasant from day 1 to settlement.

3 days ago

Car Loans | Finance Made Easy - Driva (61)

Car Loans | Finance Made Easy - Driva (62)

Car Loans | Finance Made Easy - Driva (63)

Car Loans | Finance Made Easy - Driva (64)

Car Loans | Finance Made Easy - Driva (65)

REFRESHINGLY GOOD SERVICE!

Wayne: I always felt like Driva was working with me to try and get me the loan I was after and this made the whole process virtually stress free.

8 days ago

Car Loans | Finance Made Easy - Driva (66)

Car Loans | Finance Made Easy - Driva (67)

Car Loans | Finance Made Easy - Driva (68)

Car Loans | Finance Made Easy - Driva (69)

Car Loans | Finance Made Easy - Driva (70)

Real people, wanting the best for you

Brendan Murray: Being new to applying for a loan, things seemed a little daunting at first. I wasn't sure what I was in for. I was very lucky enough to have the helping hands of Shaz & Andrew from Driva, to guide me through a very smooth process in attaining a car loan.

5 days ago

Car Loans | Finance Made Easy - Driva (71)

Car Loans | Finance Made Easy - Driva (72)

Car Loans | Finance Made Easy - Driva (73)

Car Loans | Finance Made Easy - Driva (74)

Car Loans | Finance Made Easy - Driva (75)

From start to settlement - the best lending experience I have every had

Sharon Harris: From the very beginning, every person I dealt with at Driva was fantastic. They are extremely knowledgeable, and provided me with some amazing rate quotes and lender options.

10 days ago

Car Loans | Finance Made Easy - Driva (76)

Car Loans | Finance Made Easy - Driva (77)

Car Loans | Finance Made Easy - Driva (78)

Car Loans | Finance Made Easy - Driva (79)

Car Loans | Finance Made Easy - Driva (80)

Highly Recommend Driva to anyone

Tony Woodward: The process was simple and easy with a great selection of vendors, you are always kept update with your loan progress, once pre approved Driva follows up with phone call with fantastic phone manners to finalise your application.

9 days ago

Car Loans | Finance Made Easy - Driva (81)

Car Loans | Finance Made Easy - Driva (82)

Car Loans | Finance Made Easy - Driva (83)

Car Loans | Finance Made Easy - Driva (84)

Car Loans | Finance Made Easy - Driva (85)

DRIVA NAILED IT

Raymond Youngman: We found Driva by accident and applied to finance our new car from them . Literally the best decision we ever made.

7 days ago

Car Loans | Finance Made Easy - Driva (86)

Car Loans | Finance Made Easy - Driva (87)

Car Loans | Finance Made Easy - Driva (88)

Car Loans | Finance Made Easy - Driva (89)

Car Loans | Finance Made Easy - Driva (90)

REFRESHINGLY GOOD SERVICE!

Wayne: I always felt like Driva was working with me to try and get me the loan I was after and this made the whole process virtually stress free.

8 days ago

Car Loans | Finance Made Easy - Driva (91)

Car Loans | Finance Made Easy - Driva (92)

Car Loans | Finance Made Easy - Driva (93)

Car Loans | Finance Made Easy - Driva (94)

Car Loans | Finance Made Easy - Driva (95)

Real people, wanting the best for you

Brendan Murray: Being new to applying for a loan, things seemed a little daunting at first. I wasn't sure what I was in for. I was very lucky enough to have the helping hands of Shaz & Andrew from Driva, to guide me through a very smooth process in attaining a car loan.

5 days ago

Car Loans | Finance Made Easy - Driva (96)

Car Loans | Finance Made Easy - Driva (97)

Car Loans | Finance Made Easy - Driva (98)

Car Loans | Finance Made Easy - Driva (99)

Car Loans | Finance Made Easy - Driva (100)

From start to settlement - the best lending experience I have every had

Sharon Harris: From the very beginning, every person I dealt with at Driva was fantastic. They are extremely knowledgeable, and provided me with some amazing rate quotes and lender options.

10 days ago

Car Loans | Finance Made Easy - Driva (101)

Car Loans | Finance Made Easy - Driva (102)

Car Loans | Finance Made Easy - Driva (103)

Car Loans | Finance Made Easy - Driva (104)

Car Loans | Finance Made Easy - Driva (105)

Highly Recommend Driva to anyone

Tony Woodward: The process was simple and easy with a great selection of vendors, you are always kept update with your loan progress, once pre approved Driva follows up with phone call with fantastic phone manners to finalise your application.

9 days ago

Car Loans | Finance Made Easy - Driva (106)

Car Loans | Finance Made Easy - Driva (107)

Car Loans | Finance Made Easy - Driva (108)

Car Loans | Finance Made Easy - Driva (109)

Car Loans | Finance Made Easy - Driva (110)

DRIVA NAILED IT

Raymond Youngman: We found Driva by accident and applied to finance our new car from them . Literally the best decision we ever made.

7 days ago

Car Loans | Finance Made Easy - Driva (111)

Car Loans | Finance Made Easy - Driva (112)

Car Loans | Finance Made Easy - Driva (113)

Car Loans | Finance Made Easy - Driva (114)

Car Loans | Finance Made Easy - Driva (115)

A refreshing experience

Mark Orson: I recently financed the purchase of a car through Driva. The great thing about Driva is that they have a number of lending partners to choose from and the options and interest rates for comparison are very transparent.

1 day ago

Car Loans | Finance Made Easy - Driva (116)

Car Loans | Finance Made Easy - Driva (117)

Car Loans | Finance Made Easy - Driva (118)

Car Loans | Finance Made Easy - Driva (119)

Car Loans | Finance Made Easy - Driva (120)

Just when I was about to give up

Melissa Baker Just when I was about to give up, I reached out to Driva. They have been amazing, they didn't quit until I had approval and they found me the best rate I could have wished for.

5 days ago

Car Loans | Finance Made Easy - Driva (121)

Car Loans | Finance Made Easy - Driva (122)

Car Loans | Finance Made Easy - Driva (123)

Car Loans | Finance Made Easy - Driva (124)

Car Loans | Finance Made Easy - Driva (125)

Superb, quality service!! 🌟🌟🌟🌟🌟

Sarah P: Excellent service! Super fast response for approval! Will definitely mention to friends and family and use again in the future! Thank you!!

5 days ago

Car Loans | Finance Made Easy - Driva (126)

Car Loans | Finance Made Easy - Driva (127)

Car Loans | Finance Made Easy - Driva (128)

Car Loans | Finance Made Easy - Driva (129)

Car Loans | Finance Made Easy - Driva (130)

Matt was fantastic

Stephen Powell: Matt was fantastic. It didn't matter that the parameters for the finance kept changing throughout my car search. Driva team comms were clear, concise and they exhibited a professionalism that was accomodating and friendly.

5 days ago

Car Loans | Finance Made Easy - Driva (131)

Car Loans | Finance Made Easy - Driva (132)

Car Loans | Finance Made Easy - Driva (133)

Car Loans | Finance Made Easy - Driva (134)

Car Loans | Finance Made Easy - Driva (135)

Quick and easy to deal with

Mario Leodra: Thank you Harry and Shaz for their kind assistance to make the transaction easy and pleasant from day 1 to settlement.

3 days ago

Car Loans | Finance Made Easy - Driva (136)

Car Loans | Finance Made Easy - Driva (137)

Car Loans | Finance Made Easy - Driva (138)

Car Loans | Finance Made Easy - Driva (139)

Car Loans | Finance Made Easy - Driva (140)

REFRESHINGLY GOOD SERVICE!

Wayne: I always felt like Driva was working with me to try and get me the loan I was after and this made the whole process virtually stress free.

8 days ago

Car Loans | Finance Made Easy - Driva (141)

Car Loans | Finance Made Easy - Driva (142)

Car Loans | Finance Made Easy - Driva (143)

Car Loans | Finance Made Easy - Driva (144)

Car Loans | Finance Made Easy - Driva (145)

Real people, wanting the best for you

Brendan Murray: Being new to applying for a loan, things seemed a little daunting at first. I wasn't sure what I was in for. I was very lucky enough to have the helping hands of Shaz & Andrew from Driva, to guide me through a very smooth process in attaining a car loan.

5 days ago

Car Loans | Finance Made Easy - Driva (146)

Car Loans | Finance Made Easy - Driva (147)

Car Loans | Finance Made Easy - Driva (148)

Car Loans | Finance Made Easy - Driva (149)

Car Loans | Finance Made Easy - Driva (150)

From start to settlement - the best lending experience I have every had

Sharon Harris: From the very beginning, every person I dealt with at Driva was fantastic. They are extremely knowledgeable, and provided me with some amazing rate quotes and lender options.

10 days ago

Car Loans | Finance Made Easy - Driva (151)

Car Loans | Finance Made Easy - Driva (152)

Car Loans | Finance Made Easy - Driva (153)

Car Loans | Finance Made Easy - Driva (154)

Car Loans | Finance Made Easy - Driva (155)

Highly Recommend Driva to anyone

Tony Woodward: The process was simple and easy with a great selection of vendors, you are always kept update with your loan progress, once pre approved Driva follows up with phone call with fantastic phone manners to finalise your application.

9 days ago

Car Loans | Finance Made Easy - Driva (156)

Car Loans | Finance Made Easy - Driva (157)

Car Loans | Finance Made Easy - Driva (158)

Car Loans | Finance Made Easy - Driva (159)

Car Loans | Finance Made Easy - Driva (160)

DRIVA NAILED IT

Raymond Youngman: We found Driva by accident and applied to finance our new car from them . Literally the best decision we ever made.

7 days ago

Car Loans | Finance Made Easy - Driva (161)

Car Loans | Finance Made Easy - Driva (162)

Car Loans | Finance Made Easy - Driva (163)

Car Loans | Finance Made Easy - Driva (164)

Car Loans | Finance Made Easy - Driva (165)

A refreshing experience

Mark Orson: I recently financed the purchase of a car through Driva. The great thing about Driva is that they have a number of lending partners to choose from and the options and interest rates for comparison are very transparent.

1 day ago

Car Loans | Finance Made Easy - Driva (166)

Car Loans | Finance Made Easy - Driva (167)

Car Loans | Finance Made Easy - Driva (168)

Car Loans | Finance Made Easy - Driva (169)

Car Loans | Finance Made Easy - Driva (170)

Just when I was about to give up

Melissa Baker Just when I was about to give up, I reached out to Driva. They have been amazing, they didn't quit until I had approval and they found me the best rate I could have wished for.

5 days ago

Car Loans | Finance Made Easy - Driva (171)

Car Loans | Finance Made Easy - Driva (172)

Car Loans | Finance Made Easy - Driva (173)

Car Loans | Finance Made Easy - Driva (174)

Car Loans | Finance Made Easy - Driva (175)

Superb, quality service!! 🌟🌟🌟🌟🌟

Sarah P: Excellent service! Super fast response for approval! Will definitely mention to friends and family and use again in the future! Thank you!!

5 days ago

Car Loans | Finance Made Easy - Driva (176)

Car Loans | Finance Made Easy - Driva (177)

Car Loans | Finance Made Easy - Driva (178)

Car Loans | Finance Made Easy - Driva (179)

Car Loans | Finance Made Easy - Driva (180)

Matt was fantastic

Stephen Powell: Matt was fantastic. It didn't matter that the parameters for the finance kept changing throughout my car search. Driva team comms were clear, concise and they exhibited a professionalism that was accomodating and friendly.

5 days ago

Car Loans | Finance Made Easy - Driva (181)

Car Loans | Finance Made Easy - Driva (182)

Car Loans | Finance Made Easy - Driva (183)

Car Loans | Finance Made Easy - Driva (184)

Car Loans | Finance Made Easy - Driva (185)

Quick and easy to deal with

Mario Leodra: Thank you Harry and Shaz for their kind assistance to make the transaction easy and pleasant from day 1 to settlement.

3 days ago

Car Loans | Finance Made Easy - Driva (186)

Car Loans | Finance Made Easy - Driva (187)

Car Loans | Finance Made Easy - Driva (188)

Car Loans | Finance Made Easy - Driva (189)

Car Loans | Finance Made Easy - Driva (190)

REFRESHINGLY GOOD SERVICE!

Wayne: I always felt like Driva was working with me to try and get me the loan I was after and this made the whole process virtually stress free.

8 days ago

Car Loans | Finance Made Easy - Driva (191)

Car Loans | Finance Made Easy - Driva (192)

Car Loans | Finance Made Easy - Driva (193)

Car Loans | Finance Made Easy - Driva (194)

Car Loans | Finance Made Easy - Driva (195)

Real people, wanting the best for you

Brendan Murray: Being new to applying for a loan, things seemed a little daunting at first. I wasn't sure what I was in for. I was very lucky enough to have the helping hands of Shaz & Andrew from Driva, to guide me through a very smooth process in attaining a car loan.

5 days ago

Car Loans | Finance Made Easy - Driva (196)

Car Loans | Finance Made Easy - Driva (197)

Car Loans | Finance Made Easy - Driva (198)

Car Loans | Finance Made Easy - Driva (199)

Car Loans | Finance Made Easy - Driva (200)

From start to settlement - the best lending experience I have every had

Sharon Harris: From the very beginning, every person I dealt with at Driva was fantastic. They are extremely knowledgeable, and provided me with some amazing rate quotes and lender options.

10 days ago

Car Loans | Finance Made Easy - Driva (201)

Car Loans | Finance Made Easy - Driva (202)

Car Loans | Finance Made Easy - Driva (203)

Car Loans | Finance Made Easy - Driva (204)

Car Loans | Finance Made Easy - Driva (205)

Highly Recommend Driva to anyone

Tony Woodward: The process was simple and easy with a great selection of vendors, you are always kept update with your loan progress, once pre approved Driva follows up with phone call with fantastic phone manners to finalise your application.

9 days ago

Car Loans | Finance Made Easy - Driva (206)

Car Loans | Finance Made Easy - Driva (207)

Car Loans | Finance Made Easy - Driva (208)

Car Loans | Finance Made Easy - Driva (209)

Car Loans | Finance Made Easy - Driva (210)

DRIVA NAILED IT

Raymond Youngman: We found Driva by accident and applied to finance our new car from them . Literally the best decision we ever made.

7 days ago

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Why we built Driva?

We were tired of the time-consuming and anxiety-filled experience of getting a car loan.

Traditional finance

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Car Loans | Finance Made Easy - Driva (217)

No hidden fees

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Car Loans | Finance Made Easy - Driva (219)

Protects your credit score

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100% online with limited paperwork

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Car Loans | Finance Made Easy - Driva (223)

No pushy phone calls

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Get your FREE quote

Have a question?

How do I apply for a loan with Driva?

Car Loans | Finance Made Easy - Driva (228)Car Loans | Finance Made Easy - Driva (229)

You can apply for a loan through Driva in minutes! First start a free quote and get personalised rates from over 30+ Aussie lenders without any impact on your credit score. Once you've chosen your favourite lender you can complete a loan application. Once approved, the funds can be in your bank account on the same day.

How much can I borrow?

Car Loans | Finance Made Easy - Driva (230)Car Loans | Finance Made Easy - Driva (231)

Each lender has their own minimum and maximum loan amounts which usually range between $1,000 to $250,000. Factors that determine how much you can borrow include your income, credit score, living situation and more.

What repayment options do lenders offer?

Car Loans | Finance Made Easy - Driva (232)Car Loans | Finance Made Easy - Driva (233)

Most of our lenders let you choose either a 3, 5 or 7 year term which you can repay in monthly, fortnightly or weekly instalments.

Do you do used cars or private sales?

Car Loans | Finance Made Easy - Driva (234)Car Loans | Finance Made Easy - Driva (235)

Yes! Our large panel of lenders covers dealership and private sales, and used and new vehicles. Vintage, used or new - we can help!

Car Loans | Finance Made Easy - Driva (2024)

FAQs

How likely am I to be approved for a car loan? ›

Still, you typically need a good credit score of 661 or higher to qualify for an auto loan. About 69% of retail vehicle financing is for borrowers with credit scores of 661 or higher, according to Experian. Meanwhile, low-credit borrowers with scores of 600 or lower accounted for only 14% of auto loans.

What is the easiest car company to get financing? ›

The best car loans for bad credit
  • Best for shopping around: myAutoloan.
  • Best for buying a car online: Carvana.
  • Best from a big bank: Capital One Auto Finance.
  • Best for used vehicle selection: CarMax Auto Finance.
  • Best for refinancing: Autopay.

What credit score do I need for a decent car loan? ›

Most used auto loans go to borrowers with minimum credit scores of at least 675. For new auto loans, most borrowers have scores of around 730. The minimum credit score needed for a new car may be around 600, but those with excellent credit often get lower rates and lower monthly payments.

Do banks verify income for auto loans? ›

When it's time to apply for auto financing, you will most likely be asked for documentation to verify your income. If you have great credit and have worked in the same job for years, this may not be an issue.

What is the minimum credit score for car finance? ›

There is no minimum credit score required to be approved for car finance for a number of reasons: – Different finance providers will use different third-party credit reference agencies to retrieve your credit score. A person's credit score will be different across providers as their scoring systems are unique.

Can I get a car loan with a credit score of 500? ›

It's possible to get a car loan with a credit score of 500, but it'll cost you. People with credit scores of 500 or lower received an average rate of 14.08% for new-car loans and 21.32% for used-car loans in the first quarter of 2023, according to the Experian State of the Automotive Finance Market report.

What's the easiest car to get approved for? ›

20 Best Cars To Own If You Don't Have Great Credit
  • Nissan Sentra S. Monthly payment for good credit: $290. ...
  • 2020 Kia Soul LX 6MT. Monthly payment for good credit: $284. ...
  • 2018 Chevrolet Cruze. Monthly payment for good credit: $275. ...
  • 2019 Hyundai Veloster 2.0. ...
  • 2018 FIAT 500. ...
  • 2019 Kia Soul. ...
  • 2019 Kia Rio 5-Door. ...
  • 2019 Honda Fit LX.
Aug 3, 2020

What car brand is the easiest to finance? ›

Many brands and their dealers have programs that can help you get financed. Automakers such as Ford, Kia, and Hyundai are known for working with borrowers who have lower credit scores.

Can I finance a car with a 450 credit score? ›

In general, you'll need a FICO credit score of at least 600 to qualify for a traditional auto loan. However, the minimum credit score required with vary from lender to lender. As interest rates increase due to inflation, securing a subprime auto loan may be more difficult — but not impossible.

Can I get a car with a 480 credit score? ›

It's possible to get approved for an auto loan if you have bad credit (sometimes called "deep subprime" credit), meaning a credit score under 580. But in many cases, options can be costly. To improve your odds of getting approved for a relatively affordable loan, follow these steps.

What would payments be on a $25,000 car loan? ›

Rates and terms are subject to change without notice. Example: A six year fixed-rate loan for a $25,000 new car, with 20% down, requires a $20,000 loan. Based on a simple interest rate of 3.4% and a loan fee of $200, this loan would have 72 monthly payments of $310.54 each and an annual percentage rate (APR) of 3.74%.

What FICO score do car dealers use? ›

The base FICO score is also called FICO Score 8 or 9. It's not designed specifically for auto loans, but many lenders use it. It's a number between 300 and 850, and a higher score means that a person is more likely to make loan payments on time.

Can you be denied a car loan after pre approval? ›

Key takeaways

Under rare conditions, a car loan can be denied even after it was already approved. It's important to review all loan documents and pay attention to any contingencies listed on the loan. A preapproval does not mean that you have been approved for a loan.

How many pay stubs do I need for a car? ›

Last two recent pay stubs (if you have more than one job, bring the stubs from those as well) Proof of residency (any current utility bill should do, such as water or electric) List of references (not including anyone living in your household)

What loans Cannot verify income? ›

Only a few lenders, like Upgrade and Universal Credit, offer unsecured loans for a single borrower with no income verification. Secured loan lenders, car title loan lenders, and pawnshops may issue loans without considering your income or credit.

What is the rejection rate for auto loans? ›

Rejection rate fell to 1.5%

Rejection rates on auto loan applications fell to 1.5% over the last year in February, down from 9.6% of applicants in October 2023, according to the latest data from the New York Fed Survey of […]

Is it hard to get preapproved for a car loan? ›

It's not typical to be denied for a preapproved car loan. However, there are a few reasons why your application might not be accepted: Low credit score: Most lenders have a minimum credit score, whether or not they publish it publicly.

Why am I not getting approved for a car loan? ›

Having a high debt-to-income ratio — the amount of debt on credit cards, other loans or a mortgage compared with the amount you're paid — is another possible reason for loan denial. Also, a loan application could be declined for something simple like incorrect or missing information in your application.

Can I get a car loan with a 550 credit score? ›

The Bottom Line. If you have a 550 credit score, you may still be able to get approved for an auto loan. In addition to the right documents, a possible cosigner, and a larger down payment, you also need to work with the right lender. The Car Connection is here to help you find financing.

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