What Kind of Car Finance Contract Can You Expect After Bankruptcy?

financingWe live in a world where it’s next to impossible to get by without a car, but what can you do if you need car financing after a bankruptcy? Speedway and Indianapolis drivers can visit Indy Car Financing, where we work one-on-one with our clients to find financing solutions that fit their individual budget and credit history – even a history with bankruptcy in it.

Finding Your Financing Options

It can be easy to think that a bankruptcy is the end of your credit worthiness, but at Indy Car Financing, we see it as the perfect time to start building up a new credit score. We have four points of advice for all of our post-bankruptcy drivers looking for a car:

  • Define Your Priorities: It’s important to know exactly what you want and need in a new or used car, and that goes double when asking a lender to help cover the cost. Consider a reliable used car before something brand new.
  • Find the Right Kind of Deal: It will be easier to get a loan with a lower principle, and you should always try to get the best deal possible on a car. Do your research into Kelley Blue Book values and recent sales before even taking a test drive.
  • Re-establish Your Credit: We can help with this, but it’s easier to get a loan for a car if you have started to rebuild your credit already. Just a few months on a credit card can work wonders.
  • Be Diligent in Shopping for a Car: If you think you found the right car with your first stop, look around a little bit more before committing; the next dealership might have the same car – or a better one – for less.

Let us start preparing a finance package for you right away; just fill out our online finance application so we can help you into the driver’s seat of a new or used car.

Find Car Financing After Bankruptcy at Indy Car Financing

It can feel shameful and embarrassing to have a bankruptcy in your past, but we want you to know that at Indy Car Financing, the past is the past. If you have questions about car financing after bankruptcy near Indianapolis or Speedway, contact our finance experts online or give us a call at (855) 468-6215. We can’t wait to serve you.

Apply for Financing Have Other Questions? Contact Us