But with a poor credit, the traditional lenders will reject your application right at the outset. However, there are private lenders that offer car loans with no credit check. Most lenders offer auto loans no credit check at higher interest rates. This is because they need to minimize their risks involved in lending to people with poor credit. However, not all lenders are out only for profit. There are some good lenders that genuinely work towards servicing their customers and providing quality service. Such lenders enjoy good reputation in the market and as such do brisk business.

Before applying for a car loan with no credit check, it is always better to do some research. Internet is a good place to learn about no credit check auto loan as well as find lenders that offer guaranteed finance.

If you have filed bankruptcy and it is still to be cleared, you may not qualify for car loans with no credit check. In such a case, you will have to wait out the time till your bankruptcy is discharged.

Once you have learned about the requirements and other criteria for a car loan with no credit check, look for good lenders that deal in such loans. Not all lenders offer no credit check loans, so it is wise not to waste time over them. Instead, focus on those that specialize in such loans so you have greater chances of getting a car loan with no credit check.

These lenders do not judge you solely by your credit score or history. Their decision is heavily dependent on your capability to repay their money in full. Many people lost jobs and ended up damaging their credit history due to the economic recession, but now have the ability to pay the loan amounts. So, if you have a regular income and can provide documentary proof to support your application, you can get guaranteed auto loan no credit check.

Also, in case of no credit check auto loan, most lenders require that the vehicle be provided as collateral. If the value of the vehicle depreciates over time, the lender may require additional collateral in order to protect his interest.