Call Us Today and Ask for Special Financing!

« Back to Automotive News

Can I Get a No Credit Check Auto Loan?

If you’re in the market for a new car near Doylestown, Philadelphia, or Quakertown, you might be wondering how you’re going to finance your vehicle. When making large purchases, most people rely on loans. But what if you have bad credit or no credit? Chances are, you’re feeling a little stressed about the entire process. You might be wondering, “Can I get a no credit check auto loan?”

Fortunately, there is no need for you to take out a no credit check auto loan with an unreliable lender. At Fred Beans Auto Loans, we will help you finance your car, regardless of your lack of credit or low credit score. Here’s how:

Why Credit Matters

Credit card bills, loans, and mortgages can all seem pretty intimidating. Wouldn’t it be safer to make all your purchases in cash? The answer, actually, is no. Having spent time building your credit is key when it comes to pivotal financial moments—like buying a house or car, or going back to school. To receive a loan so that you can afford these important purchases, it’s crucial to have a good credit score.

How to Build Your Credit

The only way to achieve a good credit score is by establishing a positive credit history. One simple way to create a credit history—or improve your current credit history—is by regularly using a credit card for small purchases you can afford, and reliably paying for those purchases on time. If you can get in the habit of using your credit card and paying it off each month, you are on track to building or repairing your credit.

You can also build your credit score with an auto loan. We know what you’re thinking: “That’s great, but how do I get a lender to lend me money when I don’t have the credit score they’re looking for?”

How to Get a Loan with Bad Credit or No Credit

At Fred Beans, we will help you find the perfect auto loan for your unique circumstances, despite your credit! Whether you have a poor credit history (which is the result of defaulting on payments or being late with payments) or no credit history at all, we will use our strong connections with local banks to get you the loan you deserve. Additionally, we will find you the lowest available rate possible on your loan, meaning your payments will be affordable.

The best part? By landing you a loan that is right for you—one that has a rate you can afford so that you can make each payment on time—we will also help you build your credit. This will set you on the right track financially and prepare you for other major purchases you’ll need to make in the future.

Why You Should Avoid a No Credit Check Auto Loan

So why are we so against no credit check auto loans? The companies that offer no credit check auto loans do not report your on-time payments and generally do not have reliable reputations. Because they aren’t sharing your “good” payments, all your hard work isn’t improving your credit score. Which, at this point, you know is not good in the long run.

Protect yourself, and your credit, by working with Fred Beans Auto Loans—a company that you can trust—serving the Doylestown, Philadelphia, and Quakertown areas. Call or visit us now for more information, quality customer service, and the help of a team who genuinely cares about your finances!