Do you need a car loan in Kenmore, Washington? No doubt, numerous financial institutions have tightened up their requirements, but there are finance companies who can work with you – we can help you find them. Please click here to apply online.
The city’s average yearly income is $61,813. The average credit score is 691. Keep in mind, you don’t need to make more than $1500 monthly to qualify for a car loan in Kenmore, WA.
For the most part, auto loan lenders require that you be gainfully employed with $1500 income per month. In addition, your total monthly debt, including your auto loan, should not exceed half of your income. In Kenmore, Washington, this means $2576 (average).
Earnings or fico score too low? You might still be able to meet the criteria by taking one or more of these steps:
- Provide a Co-signer
- Offer a Larger Down Payment
- Go with WA Buy Here Pay Here Financing.
No Down Payment Auto Financing: Kenmore (WA)
We can help you to get auto loans in Kenmore with no money down. However, down payments are a good idea. Generally, finance companies will be pleased with a down payment of 15-20%.
Auto Loans with Bad Credit: Kenmore, Washington
Bad credit? Let’s look at Washington credit scores as a whole:
- Avg WA FICO Score: 691
- Credit Rating Regarded as “Bad”: less than 620
- Number of People with Adverse Credit: 5,450
If you have a bad credit score, Car Loan Washington works with a lender who approves auto loans for people with bad credit in Kenmore, WA on a regular basis. Just click here to submit your application online.
If you earn $1500 per month and have a debt-vs-income ratio under 50%, you have a very good chance of being qualified.
No Credit Check Autos: Kenmore, WA
Considering a buy here pay here car dealership in Washington? If you think your only option is in house financing, we hope you apply online for car loans with bad credit in Kenmore, WA.
These car lots are often labeled: Tote the Note, Your Job is Your Credit, or in house financing car lots in Kenmore, Washington.
These types of car loans are often available with no credit check. Regrettably, they have a few key shortcomings. The APR rates and down payments are higher than average; on top of that, it will be really difficult to to rebuild your credit history through such a dealer.
Always look into any WA in house financing dealership online. Be sure to speak with someone who has obtained a vehicle from them recently. Find out if they had a good experience.
Kenmore (WA) Dealerships That May Grant Car Loans
- Flamingo Motors, 8210 Northeast Bothell Way, 98028
- Best Auto Recovery & Sales, 6824 Northeast 175th Street, 98028