The best car loans for bad credit of July 2026

Bad credit can be a barrier to being approved for a car loan or for getting favorable terms. Fortunately, even if your credit history has some blemishes, you still have options from banks, credit unions, fintechs and other institutions. CNBC Select compared more than 20 lenders to pick the best for auto financing with weak credit, based on credit requirements, affordability, types of loans offered, customer service and other factors. Read our methodology for more on how we made our picks. Best car loans for bad credit Find the right auto loan Best for convenience: Carvana Who's this for? In addition to having no minimum credit score requirement, Carvana streamlines car shopping, financing and delivery into one seamless process. Get your vehicle from one of its car vending machines or have it delivered directly to your driveway. Standout benefits: Carvana has a seven-day return policy. Applicants can get prequalified in two minutes with no harm to their credit score. …