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Car Loans For Bad Credit Do Exist

Our Fresh Start Auto Loan is Your Second Chance!

Start Your Application Here

The Best Car Loans for Bad Credit

Fresh Start Auto Loan Benefits

Our Fresh Start Auto Loan is a second chance loan program focused on helping members with less than perfect credit finance a vehicle.

  • Improve Credit Improve your credit score by making consistent payments on time.
  • Second Chance Get your finances back on track with BALANCE Financial Fitness.
  • Fast Answers It's a fast turnaround because your Auto Loan application stays local.
  • Insurance Rates See if you can lower your insurance rates by being a member! Learn more...
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Car Payment Calculator

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Fresh Start Auto Loan Calculator

Find the perfect payment for your fresh start! Try a few different rates and terms to see what works for your budget and then email the results to yourself.


Terms available up to 72 months. Your actual term and payment will be provided upon acceptance of a Peach State FCU loan. This calculator is for informational purposes only and its use does not guarantee an extension of credit.

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Low Auto Loan Rates
Use the rate table below to see what your rate could be at a term that works for you! When you're ready, start your application.

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Front Door Delivery
With Auto Assistance, our vehicle buying service, a personal shopper can find your vehicle and even have it delivered to your door! Send a request for someone to contact you today!

Low Fresh Start Auto Loan Rates

Get pre-approved for our second chance auto loan program so you know how much car you can afford!

*APR – Annual Percentage Rate. Subject to credit approval and recommended rates vary based on individual creditworthiness. Term of up to 36 months; estimated monthly payment of $34.44 per $1,000.00 borrowed for 36 months at 14.50%. Rates subject to change without notice and may be higher based on term and/or qualifications. Must qualify for Peach State membership. Members must qualify for a Peach State loan and checking account. Peach State will finance up to 120% of the NADA vehicle valuation. A $15 loan application fee is charged for processing. Terms and conditions subject to change without notice.

Fresh Start Auto Loan Rates

Auto Loan Term
APR* (as low as)
Auto Loan Term
Up to 36 Months
APR* (as low as)
14.50%
Auto Loan Term
37-60 Months
APR* (as low as)
14.90%
Auto Loan Term
61-72 Months
APR* (as low as)
15.40%
Effective August 19, 2022

*APR – Annual Percentage Rate. Subject to credit approval and recommended rates vary based on individual creditworthiness. Term of up to 36 months; estimated monthly payment of $34.44 per $1,000.00 borrowed for 36 months at 14.50%. Rates subject to change without notice and may be higher based on term and/or qualifications. Must qualify for Peach State membership. Members must qualify for a Peach State loan and checking account. Peach State will finance up to 120% of the NADA vehicle valuation. A $15 loan application fee is charged for processing. Terms and conditions subject to change without notice.

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AUTO ASSISTANCE

Take the stress out of vehicle shopping.

Peach State members benefit from this unique and exclusive vehicle buying experience for free! Auto Assistance assigns you a shopping assistant to help you every step of the way. Here's how it works:

  • Your assistant will handle the shopping for you.
  • Your assistant will review the CarFax report with you.
  • Your assistant will negotiate your trade-in value for you.
  • And so much more! Start here...

1 Peach State FCU has contracted with Auto Assistance, LLC to make this service available as a convenience to our members. Any manufacturer’s warranties are not services of the credit union and are not obligations of or guaranteed by the credit union. The credit union makes no representations as to the services of any provider or any vehicles purchased.

READY, SET, DRIVE!

First-time vehicle buyers, this is for you.

Peach State offers a custom car loan program, Ready, Set, Drive! for members between the ages of 18-26.2 If this is your first time purchasing a vehicle, we can help!


2 Certain conditions apply.

Young woman test drives new car

Loan Protection Products

  • DEBT PROTECTION

    Debt protection coverage cancels/waives all or a portion of your loan balance when a specified protected event occurs (death, total disability, or involuntary job loss), which helps provide you with financial protection and peace of mind. Limitations and exclusions may apply. For details about coverage and costs, please contact us.

  • GAP COVERAGE

    If your vehicle is ever totaled or stolen, your primary insurance will usually pay only the current market value of your vehicle, less your deductible. If the actual cash value is less than your current loan amount, the result could be a financial "gap" where you must pay the difference between your loan balance and your insurance settlement. 

    With Guaranteed Asset Protection (GAP) coverage, the remaining amount you owe on your loan will be paid for you. GAP Coverage at Peach State also includes an Auto Deductible Reimbursement which will pay up to $1,000 per loss (unlimited losses per year) when a loss is filed and paid by your auto insurance company for a covered auto that you own or lease (as evidenced by the title, registration or loan document).

    If you already have GAP coverage and need to file a claim, call 877.296.4892 or visit Assurance Plus Claims to get started.

    Certain conditions apply. For details about GAP coverage, refer to the GAP contract or please contact us.

  • EXTENDED VEHICLE WARRANTY

    Peach State offers our members Extended Vehicle Service Contracts through Warrantech Warranty Corporation for your auto, truck, or van to protect against expensive, unexpected automotive repair costs. This warranty is typically less expensive than those offered at a dealership and covers most major components in the event of a breakdown. It also offers no-hassle direct payment with no reimbursement forms and your one-time premium can be financed with your vehicle loan.

    Extended Warranty Features:

    • Low deductibles – $0, $50, $100, or $200
    • Coverage for vehicles up to 11 years old with up to 150K miles on the odometer
    • Bumper-to-Bumper Exclusionary Coverage on vehicles up 11 years old and with less than 100K miles
    • Toll-free roadside assistance
    • Toll-free claims phone number
    • Trip interruption coverage
    • Increased vehicle resale value
    • Repair work may be performed by a dealership, franchise repair facility, or an independent repair shop
    • Claims are paid directly via credit card
    • Service contracts are valid in the U.S. and Canada

    To learn more or to get an Extended Vehicle Warranty, contact a Peach State loan representative or Warrantech directly at 800.358.2655.

DEBT PROTECTION

Debt protection coverage cancels/waives all or a portion of your loan balance when a specified protected event occurs (death, total disability, or involuntary job loss), which helps provide you with financial protection and peace of mind. Limitations and exclusions may apply. For details about coverage and costs, please contact us.

GAP COVERAGE

If your vehicle is ever totaled or stolen, your primary insurance will usually pay only the current market value of your vehicle, less your deductible. If the actual cash value is less than your current loan amount, the result could be a financial "gap" where you must pay the difference between your loan balance and your insurance settlement. 

With Guaranteed Asset Protection (GAP) coverage, the remaining amount you owe on your loan will be paid for you. GAP Coverage at Peach State also includes an Auto Deductible Reimbursement which will pay up to $1,000 per loss (unlimited losses per year) when a loss is filed and paid by your auto insurance company for a covered auto that you own or lease (as evidenced by the title, registration or loan document).

If you already have GAP coverage and need to file a claim, call 877.296.4892 or visit Assurance Plus Claims to get started.

Certain conditions apply. For details about GAP coverage, refer to the GAP contract or please contact us.

EXTENDED VEHICLE WARRANTY

Peach State offers our members Extended Vehicle Service Contracts through Warrantech Warranty Corporation for your auto, truck, or van to protect against expensive, unexpected automotive repair costs. This warranty is typically less expensive than those offered at a dealership and covers most major components in the event of a breakdown. It also offers no-hassle direct payment with no reimbursement forms and your one-time premium can be financed with your vehicle loan.

Extended Warranty Features:

  • Low deductibles – $0, $50, $100, or $200
  • Coverage for vehicles up to 11 years old with up to 150K miles on the odometer
  • Bumper-to-Bumper Exclusionary Coverage on vehicles up 11 years old and with less than 100K miles
  • Toll-free roadside assistance
  • Toll-free claims phone number
  • Trip interruption coverage
  • Increased vehicle resale value
  • Repair work may be performed by a dealership, franchise repair facility, or an independent repair shop
  • Claims are paid directly via credit card
  • Service contracts are valid in the U.S. and Canada

To learn more or to get an Extended Vehicle Warranty, contact a Peach State loan representative or Warrantech directly at 800.358.2655.

3 Free Templates!

Budgeting Templates

Stay in control of your finances! These budgeting templates make it easy to stay on top of your monthly spending and create good habits.

  • Fillable online
  • Calculates in real-time
  • Easy to use and understand

Testimonial

I am 22 years old and have no credit. Peach State helped me get into a car loan and now I am on my way to building credit. Thank you for helping the younger members.

- Paige B.

Peach State FCU helped me manage my money and taught me how to navigate my funds online and through the mobile app. Thank you Peach State FCU!!!

- Naya P.

I love this credit union! Easy access and easy to manage my account online. They are more than happy to answer any of my questions.

- Amy C.