At Precision Auto Lending we offer extremely flexible finance options. Our approval options are not primarily FICO based. The number allocated to your FICO Score is not the determining factor.
We take a much deeper look at your credit history. We look at the amount of credit trade lines, the good trade lines, the negative trade lines, the highest paid trade line, the highest defaulted trade line, auto loan history, and the type of defaults if any on your credit.
We approve all credit history, so if you have extensive history of defaults on your credit history, we can help you.
Below are some guidelines for our approval processes.
Qualifications for second chance financing:
6 month job time preferred (exceptions can be made)
No less than $2500 in monthly gross income (must have proof of income)
No repossessions in the last year (exceptions can be made based on length of loan prior to repo)
Must have proof of residence (utility bill, bank statement, cell phone bill, multiple correspondence documents)
Qualifications for special financing:
Must earn $400 per week (proof not required)
Must have valid Nevada ID (out of state DL okay, out of state ID may be considered)
Must have real down payment….No $399 down options here.
Must add full coverage insurance (no liability) with no more than $500 deductible