How credit works at Somerset Sales and Leasing

A financing opportunity for every credit history

Somerset Auto Dealer gives customers the opportunity to finance a reliable vehicle regardless of their credit history. Bad credit, repossessions, foreclosure, no credit and bankruptcy are all accepted through the Guaranteed Credit Approval Program.

Prepare for your credit application

To move forward with the Guaranteed Credit Approval Program, you will need to provide the following documents and information:

1. Proof of income, such as a paystub, canceled checks or a bank statement
2. Proof of residence, such as a utility bill, mailed bank statement or cell phone bill
3. Five personal references with their names, addresses and phone numbers
4. Proof of insurance

Build stronger credit for future opportunities

Payments made through the Guaranteed Credit Approval Program are reported to the major credit bureaus each month, helping participants build or rebuild their credit. The average credit increase is 100 points over a 24-month term.

A stronger credit history may help you qualify for major credit cards, increase your purchasing power and access lower interest rates on future loans with little to no money down. It may also help you work toward purchasing a home with a low-interest mortgage.

Choose a payment schedule that works for you

Available payment options include weekly, biweekly or monthly payments, along with automatic withdrawals from a checking or savings account. Complete the quick 30-second application and specify which vehicles interest you. A finance specialist will contact you as soon as possible.