Best for prequalification

Capital One
4.1Apply on partner site
- Min. credit score:
- 300
- Fixed APR From:
- Not disclosed
- Loan amount:
- $5,000– $200,000
- Term lengths:
- 2 to 7 years
- Min. annual income:
- Not disclosed
Jun 02, 2023
Bankrate’s best auto loans for borrowers with bad credit are selected based on interest rates, terms, transparency and — most importantly — flexible eligibility requirements. While a bad credit auto loan is technically no different from a normal loan, you can expect higher interest rates.
To gain approval for an auto loan, lenders will assess how much of a risk it is to lend to you based on your credit history and how much the vehicle is worth compared to the loan amount. That risk level goes into determining the interest rates and terms available to you. This means getting lender approval with poor credit history can be a challenge.
But it is possible. Generally, bad credit falls below 580. Many lenders — including some selected as top bad credit lenders by Bankrate — are moving past the archaic approach of purely credit-based lending judgements and factor in aspects such as payment history on previous auto loans, work history or education.
4.2 Bankrate Score | APR from 8.49- 16.19% * with AutoPay | Term 24-84mo | Min credit score Not disclosed | Apply on partner site | Apply on partner site |
4.2 Bankrate Score | APR from 2.99% | Term 24-96mo | Min credit score Not disclosed | Apply on partner site | Apply on partner site |
4.1 Bankrate Score | APR from 5.69- 28.55% | Term 24-72mo | Min credit score Not disclosed | Apply on partner site | Apply on partner site |
3.9 Bankrate Score | APR from 5.24% | Term 60mo | Min credit score 300 | Apply on partner site | Apply on partner site |
3.6 Bankrate Score |
| Apply on partner site | Apply on partner site | ||
4.0 Bankrate Score | APR from 5.49% | Term 24-84mo | Min credit score 600 | Apply on partner site | Apply on partner site |
3.6 Bankrate Score |
| Apply on partner site | Apply on partner site | ||
4.0 Bankrate Score | APR from 4.49% | Term 24-84mo | Min credit score 560 | Apply on partner site | Apply on partner site |
4.2 Bankrate Score | APR from 2.99% | Term 24-96mo | Min credit score Not disclosed | Apply on partner site | Apply on partner site |
4.2 Bankrate Score | APR from 2.99% | Term 24-96mo | Min credit score Not disclosed | Apply on partner site | Apply on partner site |
w/0.25% autopay discount | Apply on partner site | Apply on partner site |