
Car Financing Vocabulary
Installment Sale
A contract with a dealer to buy a vehicle via a financing agreement, and to pay off the borrowed money plus interest over a certain period of time and installments, usually measured in months.
Alabama
Bad credit auto loan dealers
Applicants in Alabama are able to get pre-approved for car dealer financing online. With our internet financing application, consumers of any financial background can get approved in no time. When one of our AL network dealersips gets your application, the wheels begin turning and when you visit the dealership you only need to pick out your new car and finish some paperwork. By pre-applying, a lot of the classic car dealership headache disappears. Good credit, bad credit, no credit, repossessions, or even bankruptcy...it doesn't matter. If you meet the basic requirements below, you can get approved for a new or used car loan, hassle-free.
Auto Car Dealer Loans
Available in these Alabama Cities and their Surrounding Areas.
| Birmingham Decatur | Dothan Hoover | Huntsville Mobile | Montgomery Tuscaloosa |
- Minimum $1500 gross monthly income for those with a credit score under 625.
- Must be a U.S. or Canadian resident at least 18 years of age.
- No repossessions within the last 12 months (unless included in a bankruptcy).
- Any previous bankruptcy must be discharged.
- Financing is not available for motorcycle purchases.
- No private-party purchases or personal advances.
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"The finance coordinator's efforts are greatly appreciated considering what my credit was after my bankruptcy. Thank you again."
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Steve C.
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