Detroit (MI) Car Loans

If you want to finance a vehicle in Detroit, MI, The Auto Loan Network can help. You might live in the automotive capital of the US, but that doesn’t make the financing process any easier.  But when you apply through our site, advanced technology on our end will match you to the best auto loan lender in Detroit given your financing needs, credit, income, and other factors. No fees, no obligations, no hassles.

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Bad Credit Loans in Detroit

Of the 1,183,469 residents in Detroit, an estimated 272,197 suffer from bad credit. But even if your credit score is less than 600, we can probably locate a lender or bad credit car dealer in our Detroit auto finance network who is willing to extend credit. Bad credit lenders usually charge higher interest rates, so we encourage down payments and cosigners. These can reduce your interest rate but are not mandatory. Apply for a Detroit bad credit car loan today!

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Detroit Car Dealer Finance

Along with banks, credit unions, and finance companies, we work with dealerships and buy here pay here car dealers in Detroit. Dealers are more likely to offer zero money down options, though they often charge higher interest rates. When lining up financing for your new or used auto, make sure to budget smartly. The average household income in Detroit is $21087, and financial experts recommend spending 18% of your monthly income on transportation, so the average monthly payment in your area should be $316. Obviously you’ll want to scale this to your own income.

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