The average American consumer’s credit might not be stellar right now, but lenders are overlooking that and offering better rates on auto loans.

According to a report from Experian Automotive, it is a great time to get an auto loan, especially for consumers with poor credit. Banks and lending institutions have loosened restrictions on auto loans, and in return, they have seen fewer consumers defaulting on their auto loans.

Interestingly enough, Chrysler has been cited as a car company that wants to help consumers with low credit score or no credit at all to get a vehicle. Edmonds.com’s Michelle Krebs mentioned the Chrysler family, specifically Dodge, as willing to work with poor credit consumers, stating, “We’ve noticed that people…for example, the Dodge brand selling to that group – has been part of Chrysler’s history they’ve gone after that buyer so that is helping to boost their sales.”

Perhaps it is because of Chrysler’s recent history that they are willing to give American car buyers another chance. Chrysler has gone through tough times, but they are having an incredible year from getting ranked as a top 10 car brand to having one of the year’s most anticipated car launches with the Dodge Dart and winning award for the Dodge Durango, Jeep Grand Cherokee and Chrysler 300. Maybe by giving more car shoppers the chance to get into a car, they can give back a little bit to the people who stuck by them and believed in Chrysler.

At Bayside Chrysler Jeep Dodge Ram, you can get into a new or used vehicle today! Good credit, bad credit, we love to say yes! Click here to browse Bayside’s online inventory and stop by Bayside Chrysler Jeep Dodge at 21219 Northern Blvd. in Bayside, New York. Also, keep up with the latest news and deals from Bayside by liking Bayside on Facebook, following Bayside on Twitter, and subscribing to Bayside on YouTube!

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