All Star Dodge, Chrysler, Jeep Dealer offers Guaranteed Auto Loan St. Peters program in Missouri. If you’re really in need of a new vehicle, but your credit score isn’t good enough to get a standard loan, you might want to head down to your local Jeep dealership.
Many of the loans that Chrysler/Dodge/Jeep dealerships are able to secure for consumers are for those who have a credit score of 680 or less. In the world of credit, scores can range from 300-850, but for most Americans a 711 is average. When it comes to securing a loan the number 620 becomes the dividing line between a prime and subprime loan. The difference between these two types of loans is that a prime loan is given to consumers that are most likely not to miss a payment and a subprime loan is given to those who are at a higher risk of making a late payment or potentially defaulting.
What Chrysler has done is to allow their dealerships to partner with local banks that specialize in higher risk loans, which gives consumers the ability to rebuild their credit and get a Jeep all at the same time. Depending on what kind of credit buyers have, the loan can be secured for a value priced new Jeep or may be offered on a used model either at that particular location or somewhere in the Jeep inventory.
The Chrysler Corporation has long been known for offering value priced vehicles to consumers and they are extending that theme to insure that more people have the opportunity to drive a Jeep. If you’re on the fence of trying to decide if you can afford that next car, stop by your Jeep dealership and you might be surprised at what they have to offer.