How to Buy a Car With No Credit Checks

by Barb Nefer

Buying a car can be difficult if you have bad credit. Depending on on your credit score, you may have no chance of getting a loan if the seller checks your credit. If you know this in advance, you can prepare to buy a car with no credit check. This will save the time and embarrassment of a check so you can complete your transaction quickly and effectively.

Save as much money as possible before buying a car. If you can save enough to pay the entire cost of the vehicle, you won't need a credit check. Even if you can't save the entire amount, a dealer is more likely to let you make the purchase without a credit check if you are making a hefty down payment. He will use the car as collateral, and the more money you put down, the less risk he faces if you default and he has to repossess the vehicle.

Gather paperwork that proves your employment and income. This can include paycheck stubs and income tax returns. Even though a dealer might not do a credit check, he will still want proof of your ability to repay a loan if he sells you a car.

Find a dealership that handles its own financing. These dealers typically have less strict policies for their loans, and many specialize in working with people who have bad credit. They won't do a credit check, but they will charge a much higher than average interest rate.

Choose a car within your price range. When you have bad credit, you can damage it even further if you buy a car that is too expensive and fall behind in your payments. You may be tempted by a fancy vehicle, and the salesperson may encourage you to spend more than you planned. Ignore the temptation and stick to your budget so your down payment will go as far as possible and your payments will be manageable.

Check the contract for hidden fees or other problems before signing it. Sometimes car dealers who don't do credit checks will take advantage of buyers. They may list a higher interest rate on the contract or include fees designed to boost their profit even further. Don't sign a contract to purchase the car until you read it carefully. Question anything suspicious and call off the sale if the dealer will not remove it.


  • check Consider using a co-signer rather than getting a car loan with no credit check. If you know someone with good credit who is willing to co-sign, you can buy a car at any dealer instead of one who handles self-financing and pay a much lower interest rate. Be prepared to make the payments faithfully because, if you don't, the co-signer can be held liable for the entire loan amount.


About the Author

Based in Kissimmee, Fla., Barb Nefer is a freelance writer with over 20 years of experience. She is a mental health counselor, finance coach and travel agency owner. Her work has appeared in such magazines as "The Writer" and "Grit" and she authored the book, "So You Want to Be a Counselor."

More Articles

Photo Credits

  • photo_camera Photo: (Bill Longshaw)