Bad Credit Car Loan Solutions

Bad Credit? No Credit? Let Us Help.

Don’t Let Less Than Perfect Credit Hold You Back From Buying A Car In Rhode Island

While there is no quick fix for bad credit, time is your friend and so is our staff here at Toyota of Smithfield because if you don’t have the perfect score, we can still work with you to find financing solutions. Don’t stop dreaming of the right new car just because your credit history is either non-existent or a bit on the poor side; let our staff help you out. We offer bad credit auto loans that provide a solution to the average customer who has suffered some financial discrepancies, and with the addition of this loan, you may be able to rebuild your credit history to improve the overall score over time.

If you aren’t sure where you stand with your credit score, you can find access to these on the website of the major credit reporting bureaus, and this will be helpful when filling out your financing application once you have discussed your needs with our knowledgeable staff. We understand how easy it can be to have a negative impact on your credit score, and also how difficult it can be to improve that number, which is why we work so hard to help out those who don’t have the best score around.

Whether you have questions regarding where you stand with your credit score, or you want advice on what financing option is right for someone with imperfect or no credit history, visit our 550 George Washington Hwy dealership and see the many other ways we serve our Smithfield, Providence, Pawtucket, Cranston RI, and Attleboro MA customers. Life is hard enough without having people cast judgment on you because of your financial history, so let our staff show you how it feels to be treated fairly regardless of your credit score because that number doesn’t define who you are.

Frequently Asked Questions

  • If I have poor credit, can I still get approved?
    Bad credit doesn’t necessarily mean we can’t help. At Toyota of Smithfield, we work with various banks and credit unions and will do all that we can to try to get you approved.
  • Forget poor credit, I don’t have any credit, can I still get approved?
    Having no credit won’t automatically rule you out either. At Toyota of Smithfield, we love working with first-time buyers.
  • Will it hurt my credit if I purchase a new vehicle?
    No. In fact, it’s quite the opposite. Once you get approved and you stay on track with your payments you can actually improve your credit score.
  • How do I apply for an automotive loan?
    You can you can get pre-approved for an auto loan online in just a few minutes. You can also schedule an appointment with our team to meet with our team of financial experts at your convenience.
  • Will my interest rate be higher since I have poor credit?
    Not necessarily. Our team will work to find you the most competitive rate possible.
  • What about a co-signer?
    Not necessarily. By working with various banks and credit unions we will work to find an automotive loan that works best for your lifestyle.
  • What will my new monthly payments look like?
    The monthly rate will depend on the vehicle that you’re interested in. For example, a new model-year will likely cost more than a used vehicle.