Special Financing

BAD CREDIT? GET SPECIAL FINANCING WITH PAUL MILLER MAZDA

Many Kentuckians struggle with bad credit scores. But even if your credit is less than perfect, you can still drive a new or pre-owned vehicle from Paul Miller Mazda. At our dealership, you can apply for comprehensive bad credit financing. Our finance specialists will work with you to explain your available options.

BUT FIRST, LET'S TALK CREDIT.

Do you have a bad credit score?

A poor credit score (619 or lower) can be due to a variety of situations, including bankruptcy filings, late or missed payments, property foreclosures, or repossessions. Even if your credit rating is not where you'd like it to be, we can help you get a loan on a vehicle through our specialized loans.

NOW, LET'S TALK LOANS.

What's the difference between Buy Here Pay Here versus Bad Credit Car Loans?

At Paul Miller Mazda, we offer loans from lenders who focus on assisting customers with bad credit. Given the risk associated with lending to customers with poor credit, lenders do charge higher interest rates when compared to buyers with average to above-average credit. Even with the higher rate, know that you're receiving a quality, hassle-free loan from a great lender.

Buy Here Pay Here is exactly what it sounds like; you buy a car from a dealership and make payments to them. The dealership acts as the seller and the lender in order to avoid the extensive credit checks that most major lenders put buyers through before approval. This can be good for someone whose credit has been hit hard by bankruptcy, divorce, or similar financial fallouts. Buy Here Pay Here loans come with high-interest rates—often over 10 percent. Typically, these are the highest among any lender in the automotive industry.

LET'S TALK PAYMENTS. WE'LL HELP KEEP THEM LOW.

In special financing situations, setting yourself up for success is important. We understand that our customers with bad credit may also be facing cash flow issues. We recommend that customers provide cash for a down payment if they can afford it. Doing this will lower your overall monthly payment, and it will also show the lender that you mean business. Speaking of that monthly payment, aim for a low payment that you can definitely afford. Review your finances and come to us with a solid payment range that fits your personal budget.

GET TO KNOW PAUL MILLER AUTO CREDIT.

Conveniently located at 976 E New Circle Rd, Paul Miller Auto Credit is Paul Miller Motor Company's specialized financing service for those with poor credit. Operating within the same business hours as our dealership, Paul Miller Auto Credit is readily available to assist our customers. Paul Miller Auto Credit specializes in loans for those who have experienced credit setbacks such as bankruptcy or divorce, as well as new buyers with a 0 credit score. To directly reach Paul Miller Auto Credit, please call 859-274-4794.