: Be ready to prove financial stability with at least two years of stable job and residence history, recent pay stubs, and bank statements. Top Lenders for Bad Credit (April 2026)
: Having someone with good credit (typically 700+ ) back your application is one of the most effective ways to secure approval and lower your interest rate.
Buying or leasing a car with bad credit is possible, though you should expect higher interest rates—often called a "money factor" in leases—and potentially larger upfront costs. Generally, traditional leasing is more difficult to qualify for than buying, as many lessors prefer scores above , while some subprime buyers can still secure a purchase loan with scores in the 500s . Strategies for Success
: Offering 10%–20% upfront reduces the lender's risk and can help you qualify for better terms.
