Did you know that you could rent-to-own with no credit score? Rent-to-own is a type of automotive financing that allows customers to drive new or used cars without a credit score. If you are looking to rent-to-own with no credit score (or low credit scores), this is the guide you need.

Do I Need a Credit Score?

Most car dealerships check your credit history before you you can purchase a vehicle. They require you have to have a good credit history to put down a monthly rent payment. With rent-to-own vehicle options from Earn-A-Car, you do not need to have a good credit score. Your credit history will not affect your ability to get a vehicle as we don’t do credit checks. Rent-to-own with no credit score helps individuals with bad credit, under debt review, or those who haven’t had the chance to build up their credit. 

Renting to Own With Bad Credit

Car rentals with rent-to-own options allow you to put down monthly payments without credit, with the option of buying the vehicle at the end of your payment term or lease period. It gives you the convenience and ease of owning a vehicle, without the financial burden of credit checks, and lengthy documents. With Earn-A-Car, you can easily keep good standing with us, regardless of your financial status. You can do this by:

  • Servicing your car regularly with an RMI accredited workshop or agents
  • Make sure your personal information is up to date at all times.
  • Obeying the rules of the road.
  • Make your monthly rent payment on time.

Will a Good Credit Score Make a Difference?

Having a high credit score will help you get your car loan approved faster from a financial institution. You will also receive a better loan repayment interest rate. Earn-A-Car does not require this to determine your loan rate. We have a variety of options available to you depending on your budget and needs. 

You can own your car as quickly as you like depending on your financial situation. It all depends on what you can afford. Some of the cars you rent to own include Toyota Etios, Suzuki Ignis, Suzuki Spresso, Suzuki Swift, and a Toyota Corolla. With so many options to choose from, it’s easy to see why Earn-A-Car rent-to-own options are the best affordable option you can take towards buying a car.

To rent-to-own with no credit score, call us today to discuss our options available to you!