Challenged Credit Options
Don’t let poor credit stop you in your tracks
Come talk with us at Mark Jacobson Toyota about getting financed for the road forward!
We know life is unpredictable, but poor credit shouldn’t hold you back from working towards getting pre-approved for the vehicle you need. If you're searching for a trusted dealership in Durham, NC, you've come to the right place.
we say yes!
to helping more customers get financed
Stop in and talk with our financing team today about all your options.
We specialize in car loans and bad credit financing options across Durham, Chapel Hill, and Raleigh.
With strong relationships with local lenders, we’re able to:
Work with all forms of income- Make your financing process easier and stress-free
- Help out unique situations
Do You Qualify for Our Approval Programs?
Along with flexible credit pre-approval and assistance from our financers, Mark Jacobson Toyota offers programs to support our customers who are facing credit issues.
See if you qualify for our programs:
• Conquest Approval Program
If you have less-than-perfect credit, our Conquest Approval program can help lower interest rates and payments. You may qualify for this program, if you have made at least 12 consecutive payments on an existing vehicle lease or loan.
Contact dealer for additional information and qualification requirements.
• Loyalty Approval Program
Our Loyalty Approval program supports customers with credit challenges by providing financing incentives. You may qualify for this program, if you have made at least 12 consecutive payments on an existing vehicle lease or loan financed through Southeast Toyota Finance or Toyota Financial Services.
Contact dealer for additional information and qualification requirements.
How Can I Improve My Credit Score?
If your credit score is not where you’d like it to be, you’re not alone. While our team believes that your credit score should not be an obstacle between you and your new car, it can be beneficial for you to work towards a higher score. In fact, there are a few things you can do to improve your credit score:
- • Pay your bills on time
- • Review your credit report
- • Limit applying for new accounts
- • Keep old accounts open
- • Offer in-house financing with $500 down payment options for qualified buyers
These are just a few of the ways you can begin to increase your overall credit score. Since your score is partially determined by the timeliness of your payments and the total amount you owe, focusing on these areas can significantly improve your credit.
Our Auto Financing Resources
If you need a reliable vehicle and your credit is less than perfect, our team is here to help. Mark Jacobson Toyota in Durham partners with trusted local lenders to make the process clear and supportive from the start. We listen to your situation, explain your choices in plain language, and guide you toward an approval that fits your budget and goals. Apply online now or visit our showroom on Durham Chapel Hill Boulevard for friendly help today.
Regardless of your credit score, you can count on flexible credit pre-approval at our dealership. We have a team of finance experts who can walk you through every step of your financing journey and craft a plan that you can feel confident about.
Along with our online application, we have a collection of resources to help you feel secure about your financing decisions. For example, our trade-in appraisal tool can provide an estimated value of your current vehicle, if you plan on trading it in. We also have a payment calculator, which can give you a look at your future car payments.
Finally, you can explore our current new, certified, and pre-owned vehicle specials online. We update these regularly, so check back often to find one that works for your automotive needs.
If you’re ready to get started, submit your credit application online today. Still have questions and want to learn more about your car financing options? Contact our Durham car dealer online to learn more. The road forward starts at Mark Jacobson Toyota!
Frequently Asked Questions About Credit
Can I get approved with a recent credit issue
Yes. Many applicants qualify even after a late payment or collections. Our team focuses on your current stability and the full picture. Sharing accurate income and residence details helps us present your file to the right lenders. We also outline simple credit rebuilding steps so you can make steady progress.
Do I need a large down payment for bad credit car loans
Not always. The amount depends on vehicle price, lender guidelines, and your application. We will estimate a realistic range and show options for a low down payment when available. A trade can reduce your cash to close and monthly payment, making the path to approval more comfortable.
Will applying hurt my credit score
A credit pull can cause a small, short term change. Submitting your application through our dealership helps because auto finance inquiries within a brief window are typically grouped as one. We time submissions carefully and match you only with lenders that fit your goals, minimizing unnecessary inquiries.
Can first time buyers with no credit get approved
Yes. First time buyers are welcome. With proof of income and a stable residence, many guests receive offers from our network of subprime auto lenders. We explain terms in plain language, suggest ways to strengthen your file, and help you choose a vehicle and payment plan you feel confident about.