To get a car loan you need a job, a bank account, and a reliable car. But what if you don’t have any of those things? What if you have a bad credit history? A bad credit history means that you have a low credit score. But don’t worry! You can still get car financing, even if you have a low score. Here are 5 simple ways to get a car loan with a bad credit history.

  1. Get a secured car loan.

One way to get car finance with a bad credit history is by getting a secured car loan. With this type of loan, your car serves as collateral for the loan. If you don’t pay back the money you borrowed from the bank, they can repossess your car. Some secured loans also come with penalties if you default, so be sure to read the fine print and make sure that you can afford to repay the loan in full before taking out one.

  1. Get an unsecured car loan.

If you don’t have a loan secured by your car, you can get an unsecured car loan. These loans are a lot more flexible and easy to get than secured loans. If the customer has a bad credit history, they can still qualify for an unsecured loan of up to 95 percent of their income.

  1. Ask for an auto loan from a family member.

If you don’t have a bank account or job, you can ask for an auto loan from a family member. Many lenders will work with someone who has a bad credit history if they have a relative that is reliable and can provide collateral. The downside of this option is that the lender has to trust your family member. If they are not trustworthy, the lender may not give you the loan. If your family member is trustworthy, this option could be your best chance at getting the car finance you need to keep driving.

  1. Ask for an auto loan from a coworker.

If you have a bad credit history, ask your coworker if he or she can use their good credit to help you get a car. They will decide on whether it’s worth it based on how much they like you and how much they trust you.

  1. Talk to a car dealer outside your area

You can get bad credit car finance if you talk to a car dealer outside your area. You’ll just need to present a letter of employment, bank account, and reliable car. The dealership will ask for proof of income and financial stability, in which case you should make sure to keep accurate records of your income and expenses.


Obtaining a car loan can be a difficult process, but there are several ways to get a bad credit car loan. The most effective way to get a bad credit car finance is to obtain an auto loan from a family member or coworker you know and trust. If you are still struggling with obtaining a car loan, avoid automated car loans and talk to your dealer outside your area.