Bad Credit Car Loans in Anderson SC
Get Financed Today at Ralph Hayes Toyota
The Ralph Hayes Toyota finance department offers our South Carolina customers access to credit assistance and available bankruptcy approval programs designed to help even the most credit challenged individuals obtain a new or quality pre-owned vehicle. We realize that not everyone has perfect credit, but we don't believe that having a less than stellar credit score should disqualify you from obtaining the vehicle you're wanting to purchase. Regardless of your current credit score or your previous credit history, Ralph Hayes Toyota wants to help! Our experienced finance department personnel are here to provide our customers in Anderson and all of the surrounding communities the opportunity to purchase the vehicle they need, and helping them build up their credit for the future through an auto loan they can afford.
At the Ralph Hayes Toyota credit center we work to make it as easy as possible for our South Carolina customers to get financed. Visit 3525 Clemson Blvd to speak in person with one of our automotive finance specialists, call finance department at (864) 226-1571 or you can complete our convenient online financing application to possibly receive instant credit approval! If you live in Anderson, South Carolina or any or the surrounding areas, stop in and let the Ralph Hayes Toyota credit assistance team tailor a car loan that can satisfy your every need today.
Credit Approval Available in Minutes
Click Here to Get Started
What Documentation Should You Bring to the Dealership for Financing?
As with any auto loan from an automotive loan provider, the applicant will be required to provide records, for example, proof of auto insurance and a current, valid driver's license. If applying a subprime car loan, the applicant will have to bring a few additional records. The reason for extra documents is a moneylender is incurring a high risk when financing a subprime car loan. By requiring additional documents, the finance is taking additional steps to ensure that the loan will be likely to benefit both the applicant and the lending institutions.
Here is a rundown of the documentation that subprime loan provider suggest that you carry with you when you initially go to the dealership finance department:
- A valid driver's license - Verify your license is not expired, revoked, or suspended. Also ensure the address listed on your driver's license is current and matches your state of residence.
- Proof of insurance - Take care to include the name of your agent and a reliable contact number. Preemptively adding a new car to your policy will not be necessary until approval.
- Proof of residency - A recent bill for utilities, such as water or electric, is sufficient proof so long as your name is listed and matches the address given.
- Proof of employment - For approval, a recent (within 30 days) pay stub stating your year-to-date earnings is sufficient. Self-employed individuals must provide two years of professionally prepared tax returns.
- A list of personal references - Most finance professionals expect six references. A reference means any individual that knows you personally -- be it a family member, friend, or work colleague. Your list should include full names, addresses, and phone numbers. Keep in mind your references cannot reside at the same address. As a courtesy, get permission from your references before listing them as a lender may contact them.
- Phone number verification - Any phone number provided must be in service and under the applicant's name. Prepaid cell phone numbers will not be accepted.
Additional documentation is required if any of the following apply to you:
- Individuals trading in a vehicle must provide the title.
- Individuals who have completed a bankruptcy must provide discharge papers.
- Individual currently in an open Ch. 13 bankruptcy must provide necessary paperwork after receiving an Authorization to Incur Additional Debt from the court.