Bad Credit Car Loans at Serra Chevrolet Sterling Heights
Auto Financing for Every Credit Situation near Sterling Heights, MI
At Serra Chevrolet Sterling Heights, we believe that credit challenges shouldn't keep you off the road. Whether you're rebuilding your credit or navigating a difficult financial season, our team is here to help drivers throughout Sterling Heights, Macomb County, and the greater Metro Detroit area find a financing solution that works for them.
- Less-Than-Perfect Credit
- Previous Foreclosure
- Recent Bankruptcy
- Divorce or Major Life Events
- Prior Repossession
- First-Time Buyers
- Limited or Irregular Work History
No matter your situation, there may be a path forward. Come see us at 40445 Van Dyke Ave, Sterling Heights, MI 48313, and let our experienced finance team help you explore your options.
What to Bring to Your Appointment at Serra Chevrolet Sterling Heights
Valid Driver's License
Bring a current, valid license that is not expired, suspended, or revoked. The address on your license should match your current place of residence.
Proof of Insurance
Have your insurer's name and contact information available. You won't need to add a specific vehicle to your policy until after your loan is approved.
Proof of Residency
A recent utility bill or similar document displaying your full name and current mailing address will be accepted.
Proof of Income
A recent pay stub showing year-to-date earnings works best. Self-employed applicants should bring the last two years of filed tax returns.
Personal References
Be prepared to share the names, home addresses, and phone numbers of a few personal references, such as friends or family members.
Active Phone Number
Your phone number must be active and registered in your name. Please note that prepaid or temporary phone numbers cannot be accepted.
Additional Documentation That May Be Needed
- Trade-In Title: If you plan to trade in a vehicle, please bring the title.
- Co-Applicant Documentation: A co-applicant will need to provide their own ID and income verification.
- Chapter 13 Court Authorization: Applicants with an active bankruptcy will need court approval to incur new debt.
- Bankruptcy Discharge Papers: If your bankruptcy has been discharged, bring the documentation confirming completion.
Frequently Asked Questions - Serra Sterling Heights Credit Assistance Program
Can I get a car loan with bad credit or a past bankruptcy?
Yes! At Serra Chevrolet Sterling Heights, we offer Credit Assistance Programs to help customers with all types of credit histories, including bad credit, bankruptcy, divorce, repossession, or foreclosure. Our finance team works with lenders to provide financing solutions, ensuring that credit challenges do not stop you from getting the vehicle you need.
What documents do I need to bring when applying for financing?
If you're applying for subprime financing, you will need to bring additional documents, including:
- Valid Driver's License - Must not be expired, revoked, or suspended, and the address must match your current residence.
- Proof of Insurance - Include your agent's name and contact information. Adding a new car to your policy is not required until after approval.
- Proof of Residency - A recent utility bill (water, electric, etc.) with your name and matching address.
- Proof of Employment - A recent pay stub showing year-to-date earnings. Self-employed individuals must provide two years of prepared tax returns.
- Personal References - A list of references (family or friends) with full names, addresses, and phone numbers.
- Phone Number Verification - The phone number provided must be in service and under the applicant's name. Prepaid phone numbers will not be accepted.
Are there additional documents needed for special cases?
Yes. If any of the following apply to you, additional documentation is required:
- Trading in a vehicle? - Provide the title of the vehicle you are trading in.
- Completed a bankruptcy? - Provide bankruptcy discharge papers.
- Currently in an open Chapter 13 bankruptcy? - Provide necessary paperwork after receiving an Authorization to Incur Additional Debt from the court.
How do I start the credit approval process?
Starting your financing process is simple! You can visit Serra Chevrolet Sterling Heights in Sterling Heights, MI, or begin by filling out our online finance application. Our finance team will review your application and discuss available options with you.
Where can I apply for a Credit Assistance Program in Sterling Heights, MI?
You can apply for our Credit Assistance Program at Serra Chevrolet Sterling Heights in Sterling Heights, MI. Visit our dealership at 40445 Van Dyke Ave, Sterling Heights, MI 48313, or contact us for more details about special financing options and bad credit auto loans.
Begin Your Financing Journey with Serra Chevrolet Sterling Heights
Taking the first step is simple. Stop by our dealership at 40445 Van Dyke Ave, Sterling Heights, MI 48313, apply for pre-approval through our online financing form, or give us a call at 586-933-5557 to speak privately with one of our finance specialists. We're here to help you get behind the wheel of a Chevrolet you'll love.