Auto Finance: Find the Best Car Financing Options in the USA

Here’s a list of companies, banks, and financial institutions in the U.S. that offer car financing options even for people with a low credit score:

1. Carvana

• Type: Online car buying
• How it works: Carvana offers financing options for buyers with low credit scores. They assess each customer individually and make it easy to get approved, even with bad credit. The entire process can be done online, and the car is delivered directly to your door.

2. Capital One Auto Finance

• Type: Auto loans
• How it works: Capital One offers a special auto finance program for those with low credit. They provide online pre-approval, making the car-buying process easier before you even visit the dealership.

3. DriveTime

• Type: In-house dealership financing
• How it works: DriveTime specializes in helping buyers with bad credit. They offer direct financing and have a large selection of used vehicles. The company focuses on making the process easy for those who may have difficulty getting approved elsewhere.

4. RoadLoans (Santander Consumer USA)

• Type: Auto loans
• How it works: RoadLoans, a subsidiary of Santander Consumer USA, focuses on financing cars for consumers with low credit scores. They offer financing and leasing options for new and used vehicles with quick approval processes.

5. Credit Acceptance Corporation

• Type: Auto loans
• How it works: Credit Acceptance partners with dealerships to help buyers with poor credit or past delinquencies. They work with a wide network of dealerships, offering auto financing to those who have been turned down by other lenders.

6. Auto Credit Express

• Type: Auto loans
• How it works: Auto Credit Express is an online platform that connects buyers with low credit scores to dealerships and lenders that accept these customers. They help find the best financing options with flexible terms.

7. Westlake Financial

• Type: Auto loans
• How it works: Westlake Financial partners with a large network of dealerships across the U.S., offering flexible financing options for buyers with low credit scores.

8. Ally Financial

• Type: Leasing and auto loans
• How it works: Ally Financial provides both leasing and financing options, with programs designed for buyers who have less-than-perfect credit. They work with dealerships to offer tailored solutions, especially for new vehicles.

9. Buy Here Pay Here (BHPH) Dealerships

• Type: In-house dealership financing
• How it works: BHPH dealerships offer direct financing without the need for third-party banks or financial institutions. These dealerships are known for approving customers with very low credit scores or no credit history. Buyers make payments directly to the dealership.

These options provide flexible solutions for buyers with low credit scores, allowing them to finance or lease a vehicle with more accessible terms.