Poor Credit Loans near Cerritos CA

Are you a first-time driver looking to transport your friends to Knott’s Berry Farm for a fun-filled day of rides and non-stop thrills? Maybe you’re someone who is taking steps to actively raise your credit score. No matter your financial history, the team at Norm Reeves Honda Superstore Cerritos is here to help.

We have experience working with all types of individuals and we’re eager to help you secure a poor credit loan near Cerritos, CA. Read on to learn more!

Credit Score 101: What Is It & How Can It Alter Your Car Payments?

Credit Score 101: What Is It & How Can It Alter Your Car Payments?Everyone with a financial history is given a 3-digit number that represents their creditworthiness. The higher the number, the more likely you are to pay your bills on time. This number is determined by your current and past credit history. This could include things like the number of credit cards you have, the length of your credit history, and your credit utilization rate.

It’s important to note that a credit score is an ever-changing number. It can change by a few points every few months or you can see a big spike toward a higher number, if you make positive changes to your credit accounts.

The credit score is a major factor that’s used when approving drivers for loans. The higher the score, the more likely you are to be approved for a loan quickly and with a low interest rate. As the number moves from excellent credit (800 to 850) closer to poor credit (300 to 579), drivers find themselves waiting longer to be approved for a loan.

The good news is that our finance team can help those with poor credit get approved for a loan fast!

Our Finance Team Has Experience Creating Payment Plans for Drivers With Subprime Credit

If you’re an individual with poor credit, our dealership is the place to visit. We know that sometimes, it’s not possible to wait several months to raise your credit score. Our team of expert financers will strive to help you be approved for a loan, regardless of your credit score.

There are several options we can present to you. Two of the most popular options are securing a loan with a co-signer or opting to lease instead of buy.

If you choose to secure a loan with a co-signer, a family member with higher credit takes full responsibility for paying back the loan, if a payment is missed. This can make it easier to be approved since the lender knows, no matter what, the loan will be repaid.

Leasing is another popular option. Most leases already offer lower monthly payments, since you’re only paying the depreciation value of the vehicle. Ergo, you may be able to borrow less—or perhaps no money at all—to lease a car.

Either of these finance options could help you secure a poor credit loan. Plus, with several on-time payments and the assistance of our team, you may even see an increase in your credit score!

Finance Resources Available to You

Finance Resources Available to YouDo you want to know more about your loan options before you visit our finance center? Then, spend a few minutes exploring our online finance tools. Using these, you can learn everything from your vehicle’s value to the loans you may qualify for.

Our finance tools:

When you complete our online finance application, you also gain the benefit of streamlined financing. Once complete, your application is sent to our dealership, so our experts can start identifying the best loan options for you before your appointment.

Secure a Poor Credit Loan near Cerritos CA Today

Now that you know more about how fast and easy the financers at Norm Reeves Honda Superstore Cerritos can make it to secure a poor credit loan near Cerritos, California, all that’s left to do is to visit our dealership. With our help, you’ll be on your way to Shipmates Restaurant & Sports Bar for a celebratory meal in less time than imagined.

Contact us to schedule a finance appointment today!


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18500 Studebaker Road, Cerritos, CA, 90703

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Norm Reeves Honda Cerritos 33.887182, -118.099838.