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Financing after Divorce for Pre-Owned Cars in Jonesboro

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Financing after Divorce for Pre-Owned Cars in Jonesboro

Going through a divorce can be very hard on one’s financial situation. There’s no doubt that it’s an emotionally trying time, but it can also be very difficult financially. Because you are busy separating finances, it’s easy to overlook jointly held financial commitments. This often results in hits to both individuals’ credit scores. A recent survey found that 31 percent of people going through divorce suffered hits to their credit scores. And once you are finished with a divorce, you need to pick up the pieces and move forward. Luckily, Financing after Divorce for Pre-Owned Cars in Jonesboro is easy to do when you have Premier Auto on your side. By taking a few easy steps, you can drastically improve your chances of having a loan approved.

Getting Financing for a Pre-Owned Car


Make sure to communicate your personal situation. Telling a loan officer your personal story will go a long way in convincing them that you are more than your low credit score and desire a pre-owned vehicle. You will be able to secure Financing after Divorce for Pre-Owned Cars in Jonesboro if you talk honestly with the person approving your loan. Be sure to show information such as your current pay stub and utilities bill as well as some other key information you will need when filling out the form. It would be very helpful to bring contact information for three references as well if needed. By showing your past financial history, as well as your current situation, you will be able to get financing.

Easy Financing after Divorce in Jonesboro


One of the best and quickest ways to get Financing after Divorce for Pre-Owned Cars in Jonesboro is to save up for a larger down payment than usual. By saving up more than 10-20% of the car’s total value to put down as a down payment, you will not only increase your chances of getting approved for a loan, but you will also improve the terms of the loan as well. This will also help keep the monthly payments even lower.

Going through a divorce is a difficult time, but even though it can negatively impact your credit, it doesn’t have to mean that you can’t get financing to buy the car you want. Securing Financing after Divorce for Pre-Owned Cars in Jonesboro is possible with help from Premier Auto. If you have questions about how to get financing, reach out to Premier Auto by phone or in-person. We would love to talk to you, so give us a call today at 870-738-9935 or visit us at 2200 Red Wolf Blvd in Jonesboro.

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