Auto Loans in Suamico (WI)

Trying to find the best car loan in Suamico? You’ve come to the right place. We’ve been in the automotive industry for years, developing an extensive network of dealers and lenders who offer online approvals. When you submit your application, our lenders compete to fund your loan.

Credit Scores of 620 or Lower

Credit score of 640 or less? This is generally considered subprime or “poor” credit, but our system is uniquely-suited to people with below-average credit. There are three different credit tiers considered subprime:

  • Tier 3/C: 580-660
  • Tier 4/D: 520-580
  • Tier 5/F: 250-520

No matter your score, there are lenders who want to give you a second chance at financing. Generally, loan companies do require borrowers with less-than-perfect credit to provide a down payment, but most users get approved within minutes. If you have a bad credit score, you’ll typically have your application placed with a lender or dealer in Suamico that specializes in special finance scenarios. Companies like these do report your installments to the credit agencies. This is crucial to reestablishing your credit.

Zero Down Payment Deals?

Assuming you have good credit, then yes: you can usually get an auto loan with no down payment. But if your credit is a problem, your dealer may require you to supply a down payment. That is because lending to consumers with less-than-perfect credit is a much riskier proposition, and a down payment helps to ensure that at least a percentage of the vehicle’s value is not on the line. That isn’t to say that dealers don’t have financing options for people with no down payment.

Apply online, and enter a zero in the down payment section. We will place your application with a lender who can approve you for financing, no down payment required.

Suamico Buy Here Pay Here Dealers

This type of financing is also referred to as:

  • We Finance
  • Rent to Own
  • We Tote The Note
  • Your Job is Your Credit

Shoppers who cannot secure financing due to seriously bad credit often find themselves at these types of dealerships. They approve people with issues like open bankruptcy, foreclosure, or repossession on their records.

Suamico-Specific Financial Profile

Contrary to popular belief, there’s more to auto financing than just your FICO score. Loan companies check your ability to pay (income), history of employment and residence, and credit profile.

Listed below are some average stats for Suamico residents.

  • Gross Income: $5,302 Per Month
  • Average Car Payment: $583 (11% of Income)
  • Ideal Car Payment: $424 to $530 (8%-10% of Income)

Ever wondered about the credit scores of your neighbors? We’ve estimated how many Suamico residents fall into each range of FICO scores.

FICO Score % of Population Residents
300-499 2% 696
500-549 5% 1,740
550-599 8% 2,783
600-649 12% 4,175
650-699 15% 5,219
700-749 18% 6,262
750-799 27% 9,394
800-850 13% 4,523

Ready to You’ve come to the right place to

get approved for your Suamico auto loan? Click here to submit your application.