Subprime Auto Loans Shopping

For Almost Any Vehicle Type

Tell us who you are and how much money you need
find lender

By clicking Find Lender , I consent and agree to the Terms of Use , Privacy Policy , and eSign Disclosures.

Don't know your credit score?

See it now at

Why A Subprime Auto Loan?

Not everyone has great credit. Some of us, especially when we’re younger, don’t have much of a credit history at all, good OR bad. That doesn’t mean we don’t need a way to get to work, or run errands, or get the kids to soccer practice. We’re able to make a reasonable car or truck payment. We’re willing to make it work, one way or the other. We just need someone to give us a chance to prove it.

Subprime auto loans are specifically designed for borrowers with poor credit or no credit. They’ll help you get that vehicle you need and help you begin building – or rebuilding – your credit as well. Our carefully moderated database of subprime auto lenders specialize in situations just like yours. Their goal is to negotiate terms that work for both of you. It’s what they do.

In other words, they’re not interested in judging your past; they’re looking for ways to say YES to your future.

What Makes A Loan “Subprime”?

Because subprime financing specifically serves borrowers with poor or unestablished credit, lenders are taking a greater risk extending credit than with a typical loan. That means less-favorable terms, like higher interest rates and stiffer penalties for late payments. There may be upfront charges or other fees, so pay attention to the details and small print.

Make no mistake, you’ll pay more for a subprime loan over time. You may find it necessary to shop for older vehicles than you’d like, or sacrifice some of the features you’d hoped to have. Remember that this is temporary, and that building or rebuilding your credit is a primary function of subprime auto finance. As long as your car gets you from place to place in the meantime, keep your eyes on long game and do everything in your power to make those monthly payments promptly and in full.

Finding The Right Subprime Auto Lender

Buyers looking for subprime loans tend to be in difficult and perhaps desperate circumstances, and there are those who choose to prey on the unwary. It may take a bit more shopping, but there are plenty of reputable lenders who offer reasonable terms on subprime loans for people in situations just like yours.

Don’t let yourself be pressured into something with which you’re not entirely comfortable, or which will only make things more difficult down the road.

Not all subprime car loans for bad credit are the same. Insist on finding a lender willing to work with you and compare offers carefully before committing. You may be in a challenging situation, but you’re still the customer and the person who’ll be paying back the loan with ample interest and related fees. You deserve to be treated as such.

Loanry® is here to help you with Subprime Auto Loans


Why Loanry?

You probably have a checking or savings account with a bank or credit union in your area. Maybe you carry a debit card or credit card with their logo as well. There’s certainly no reason not to consider them when you’re seeking financing for your next vehicle.

On the other hand, they’re not always open when you’re ready to take care of business. You have to figure out how to get there at the right time, and even though there’s not exactly a dress code, you feel obligated to look your best before talking about something like subprime financing. You hope they’ll understand your circumstances and that they’ll have the flexibility necessary to work out terms that will work for both of you.

They’re not doing anything wrong. Sometimes it goes quite well. It’s just that they are what they are – brick-and-mortar institutions still operating pretty much as they have for centuries. But lending has changed in the 21st century. The versatility of online lenders means you can apply on your schedule and submit your information whenever it’s convenient for you, on your laptop, phone, or the computer at the library. You can comparison shop subprime auto loan options over coffee and a bagel in the morning or request more information during your lunch break at work. You can submit your financial information before the kids get home from school or respond to offers after they’ve gone to bed.

In most cases, you’ll still have your answers within less time than you’d think – sometimes the same day.

You may not know where to start when it comes to auto loans for bad credit online, but we do. Loanry maintains a curated database of online lenders, many of whom specialize in situations just like yours. We’ll gather some basic information from you, then connect you to the lenders most likely to meet your needs


There are many reasons you may be seeking a subprime auto loan. Maybe you encountered unexpected medical expenses or legal fees which were beyond your control and had to be handled. You may have lost a job at some point and been unable to keep up with your bills. Sometimes we can do everything right and stuff still caves in for a time.

Other times it’s simply that we made poor decisions and had to learn some hard lessons. That’s OK – it’s not as unusual as you might think. It’s unfortunate, however, that we can be a bit older and much wiser but still forced to endure the fallout from our past choices.

But every financial turning point is a chance to move forward. Whether you’re acting out of forward momentum or just doing damage control, an auto loan – for great credit, poor credit, or even subprime credit – is an opening. It’s a crossroads between sliding backwards or building forwards.

The terms you’re able to secure are shaped by your credit history. In turn, however, your success in paying back subprime auto loans reshapes your credit history – for the better. Changes to your credit score aren’t immediate, but they come more quickly than you might think. It’s all about reducing debt and making consistent payments. By the next time you’re ready for a personal loan or other financing, you’ll find you have access to better terms and a wider variety of options.

And in the meantime, you have that car or truck you wanted.


Connecting you with lenders and offering insight about different loan options is an important part of what we do at Loanry, and something we’re proud of as a core function of the entire Goalry family. Our guiding vision, however, is a bit grander, and substantially more involved.

We want to provide users like yourself with far more than lender recommendations or information about interest rates. We’re building a “content mall” filled with sites covering just about every aspect of personal or small business finance. We want to simplify the various elements of your financial life and give you the tools and knowledge necessary to take more effective control of your money, time, and other resources. We’ll never tell you what to do, but we’d like to help you make more informed decisions along the way.

You can learn about different sorts of savings accounts or investment options on or check your credit scores on before exploring the elements likely to appear on your credit report. Read up on how to best devise an effective household budget or watch a brief video outlining the different types of small business loans or how to best prepare for tax season. Use our online tools to compare loan options or estimate interest. Whatever you need to know, there’s a good chance it’s covered in plain, simple English and freely accessible from wherever you like, whenever you like, in one of our thousands of informational blog entries or our hundreds of videos.

As our “content mall” expands, we hope you’ll visit,,,,,,, and – and of course you may utilize as often as you wish. The focus of each is different, but the goal of everything in the family is the same – to help you take better control of your financial world by offering a central location for information, comparisons, and connections.


Did You Hear?

“It’s a never ending battle of making your cars better and also trying to be better yourself.”

Dale Earnhardt (Professional Race Car Driver)

Educate Yourself

Give Yourself Some Credit

If you have a credit rating lower than 650, you may find it difficult to secure a traditional auto loan. A subprime auto loan is one specifically offered to people with a limited credit history or a low credit score. They usually have a higher interest rate than other loan options and may include additional fees or particularly punitive late payment penalties – or even penalties for paying them off early. However, borrowers who have no other options may be willing to pay the higher rates in order to get the vehicle they need.

It’s important to be just as cautious selecting a subprime auto loan as any other sort of loan you’d consider. Just because terms won’t be as favorable doesn’t mean that all subprime loans – or all lenders – are the same. Loanry can help connect you with reliable online lenders willing to discuss your specific needs and circumstances. What you do from there is, as always, entirely up to you.

Explained in 3 easy steps

How all of
this works?

It all starts with a simple loan request that takes a few minutes to complete.

We provide that information, at your request, to participating members who might be able to able to assist you with your financial needs. Many lenders transfer funds to your checking account as soon as the next business day.


Step 1

Start Loan Shopping

Tell us things like who you are and how much money you need.It only takes minutes.

Learn more

Step 2

Find Lender

The Loanry® Store may help you find a lender interested in your loan request.

Learn more

Step 3

Check out

Funds are deposited directly to your bank account as soon as the next business day.

Learn more

Pros & Cons of Subprime Loans

You may not have the credit you need for a traditional loan. That's today - what can we start doing about tomorrow?

Pro: A Chance to Get That Car

In today’s world, it’s almost impossible to get by without a reliable vehicle. Subprime loans should never be your first choice, but for buyers with poor credit or no credit, subprime loans provide a genuine opportunity to get that car or truck you so desperately need.

Pro: Build (or Rebuild) Your Credit

By making your scheduled payments on time, you rapidly begin creating a positive credit history to offset past difficulties. It won’t be immediate, but your credit score will start to rise more quickly than you think.

Pro: Build (or Rebuild) Your Confidence

Your credit score matters. Your credit past impacts you today, sometimes in ways you couldn’t have anticipated. But you are NOT your credit score. It does NOT reflect your value as a person, a provider, or an employee.

Con: Terms Reflect Risk

Lenders see significant risk in subprime loans, and terms will reflect this. You may encounter various up-front charges, higher interest, and more severe late fees than with traditional loans. This doesn’t mean you shouldn’t shop around, however. Not all bad credit auto loans are created equal!

Con: Limited Options

Depending on the specifics of your situation, it may be difficult to get approved for your first choice of vehicles. Subprime borrowers are more likely to purchase older used cars or trucks or make other compromises in order to qualify.

Con: Desperation Makes Poor Decisions

Just because you’re in a bad position doesn’t mean you should accept the first offer you’re given or deal with the first lender who shows interest. Make sure you’re dealing with a reputable institution and that you fully understand the terms of any transaction – even a subprime loan. Be realistic about your budget and what you can afford each month; just because you qualify for something on paper doesn’t mean it’s the right decision for you.

See FAQs

Find answers to some of the most commonly asked questions here

We are a marketing lead generator and advertising service designed to provide you with quick and convenient access to third-party lenders.


We are a marketing lead generator and advertising service designed to provide you with quick and convenient access to third-party lenders.


We are a marketing lead generator and advertising service designed to provide you with quick and convenient access to third-party lenders.


Featured In:

MSN Logo Forbes Logo Readers Logo Bankrate Logo MarketWatch Logo
  • The selection of a third-party purchaser to acquire your information may be determined by a comparison of your registration information with available loan products. Lenders consider a number of factors when assessing your request.

  • We are not a lender, loan broker or agent for any lender or loan broker. We are a marketing lead generator and FREE advertising service designed to provide you with quick and convenient access to third-party lenders.

  • Your lender is legally required to provide you with loan documents, and disclose the terms of your loan, including rates and charges. Each lender has its own terms and policies. Be certain to evaluate all applicable terms and conditions of loan offers before making a decision.

  • The position of each potential purchaser may also be determined by the price the purchaser is willing to pay for the information (e.g., the higher the price, the better the purchaser’s position). There is no guarantee that you will be accepted by a lender, and we do not endorse any lender.

  • Third-party lenders may perform credit checks with credit reporting bureaus or obtain consumer reports, typically through alternative providers to determine credit worthiness, standing and/or credit capacity .

  • To prevent unauthorized access, maintain data accuracy and ensure the correct use of information we gather online, we store your personally identifiable information in a database on secure systems. We have put in place physical, electronic and managerial security procedures to protect against the loss, misuse and alteration of the information under our control.

  • Funding times may vary. Not all consumers will meet the lending criteria to qualify for a loan.

  • In the State of California, Loanry, LLC is licensed by the Department of Business Oversight pursuant to the California Finance Lenders Law. Loanry’s California license #60DBO 66864 can be viewed by clicking the image on the left.

US Address

23 Corporate Plaza,
Newport Beach, CA 92660

Call Us