Bad Credit and No Credit Car Loans
The Bachman Fresh Start Buying Program Can Get You In the Car You Need

Our Core Values

We’re a family-owned dealership, and one of our core values is to treat others the way you want to be treated. It’s a guiding principle in our lives, in our families, and in our business model. Many of our customer reviews mention the kindness of our employees, and that’s for a reason. We want our customers to feel good about a purchase with us, and to be able to drive a dependable, high quality new or pre-owned car, which is why we choose to deal with credit problems that other dealerships turn down. This is our passion!

Don’t let past credit problems, bankruptcies, foreclosures, or other setbacks keep you from owning a vehicle you’ll feel good about. The first step may be hard – reaching out to us – but our goal is to help our community, and that means you, too. We’re proud to call Kentuckiana home, and are proud of the business we’ve built and the community we’re a part of here in Louisville. Please use the form below to reach out to us.

How to Improve Your Credit Score

Are you wondering what credit score is needed to finance a car loan? Your credit rating will influence the loan terms for your car loan, such as the financing rate (APR%), the loan length, and the payments. Your credit score is influenced by bankruptcy, secured debts like a mortgage, unsecured debts like credit cards, and paying your bills on time. We’re experts at helping people with bad credit get financing, but every little bit helps.

• Get Your Free Annual Credit Report! Take advantage of the federally-authorized AnnualCreditReport.com, where you can obtain a free report every year from Experian, Equifax, and TransUnion. Look it over for any errors in your credit history and dispute them immediately because bad information on your credit report will give you a lower credit rating.
• Check Your Credit Scores. There are a number of free options available through credit card companies, banks, and many different apps available ranging from free to having a monthly fee. Free apps usually generate their revenue through advertising, so read the fine print.
• Keep Up With Your Payment History. One of the biggest factors in your credit score is whether you pay your bills and debts on time.
• Pay Down Balances. The debt-to-available-credit ratio that you’ll see in your report is a major indicator of your creditworthiness. If your credit card has a high interest rate and you’ve been paying it on time, call their customer service and ask about lowering the APR so you can save more money.
• Unestablished Credit History or No Credit? Think about getting a secured credit card — think of it like a “starter” credit card, where you first put money down and then you borrow from that. After you keep making on-time payments for a good period of time, you can apply for a larger line of credit.

Something a lot of people don’t know is that a car loan can help you improve your score, too! If you make your payments on time every month, that good behavior is also reported to the credit bureaus. Your new good credit history could enable you to refinance your loan for a lower monthly payment and a lower APR, saving you money in the long run.

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Financing Bad or No Credit Car Loans

Can you get a car loan with bad credit? Yes, but it’s not always easy. Financing a car with bad credit is easier when you improve your credit score as much as possible before applying. Have proof of income. Another way to make financing your bad credit car loan easier, do your best to save up as much cash for your down payment as possible. Figure out your budget and trade-in value, as well kind of car you need, so you can successfully pay all of your bills and still drive a great car.

Can you finance a car with no credit? Yes! Our team’s experience in no credit and bad credit car finance options can help you get a car loan even with no credit history. We’ve been serving car buyers in the New Albany area for over 30 years, and we’ve heard every question, and we’ve probably helped someone in your situation before.

Car Loans and Bankruptcy

We’ve helped many customers in the Sellersburg area and beyond reach their new car dreams, even when dealing with bankruptcy, even if you haven’t finished the bankruptcy term. Whether you’re currently in Chapter 13, Chapter 7 bankruptcy, or your bankruptcy has been discharged, you’ve shown that you can persevere through hardship. We’ll let you know what steps you might need to take, such as if you need to get a letter of permission from your bankruptcy trustee or judge.

If you’re a customer who has experienced bankruptcy, you’re not alone! If you’re still in bankruptcy, you’ll need to prove to your trustee or judge at bankruptcy court that you’re dealing with some extenuating circumstances — for example, if you need to use a car to get to work, and the car you’ve been driving has broke down. We’ll work with you to help you find an affordable car that meets your needs.

Get Ahead with Bachman’s Fresh Start Program