Look, we’re not here to complain about the education system. There’s a lot of people working very hard, to do a lot of good. With that being said, there’s a few things we’d change. A few more practical skills that could be learned in place of the old curriculum. I’ve never used trigonometry since high school, but I have done my taxes (or tried to, at least). I don’t really know how to cook, but dammit if I’m not resolute on the fact that the mitochondria is the powerhouse of the cell! So while money management wasn’t something taught at most high schools, it is definitely something a lot of people struggle with. This is why Southtown Chrysler happily offers subprime loans for those in need of a new vehicle and improved credit.
What is Subprime?
A subprime auto loan is a type of loan offered to those with poor credit history and credit scores. While there is no credit score cutoff that determines whether someone is eligible for a subprime loan, it is usually the last chance for an automotive loan due to their credit. It will generally have a higher interest rate than a prime loan and can carry stiffer penalties for those who try to pay off the loan early or miss payments.
We get it. The whole “paying a higher interest” rate thing isn’t exactly music to your ears. But here at Southtown, we offer subprime loans to those who can’t qualify for a regular car loan. It may not be optimal, but if you need a vehicle we can make it happen. Also, because we understand there are sometimes circumstances outside of your control (and that pencils have erasers for a reason), we will treat you with the respect and dignity you deserve. Because no matter what your credit score is, we’re here to help.
If you need a vehicle or are just looking to rebuild your credit history, come see the experienced finance team at Southtown Chrysler. Automotive financing is our specialty, and we’ll do everything we can to ensure you get in the vehicle you want! If you have questions about subprime financing or want to see what kind of automotive financing you qualify for, give us a call at Southtown Chrysler today!