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How Much of a Downpayment Should You Make Towards Your Bad Credit Car Loan?

How Much of a Downpayment Should You Make Towards Your Bad Credit Car Loan?

Although down payments are not required at CA Lending® to obtain a car loan, customers that put $1000 or more as a down payment usually get more favourable interest rates and terms as it demonstrates a sincere desire and motivation to pay of their car loan and improve their credit rating in the shortest time possible.  50% of all CA Lending® customers choose to make a down payment  of $500 to $1000 even though they are not required to do so.

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