Bad Credit Loan Application Requirements
Basic Requirements for a Bad Credit Loan Application
- A minimum $1,500 gross monthly income is required for credit scores under 625.
- For a Chapter 7 Bankruptcy, the 341 meeting of creditors must be completed.
- For a Chapter 13 Bankruptcy, an Authorization to Incur Debt from the trustee is required.
- There must be no auto loan repossessions within the last year unless they were included as part of a bankruptcy.
- Approved auto loans are for buying a car from one of our authorized licensed car dealer partners.
- Available to US or Canadian residents who are at least eighteen years of age
