Low Credit Loans Bloomington IN | Andy Mohr Hyundai

A Finance Team Here to Help

Our finance team is here to help people from all walks of life, from those with great credit to those whose credit needs some work. We want to make sure you understand every aspect of the financing process, and that’s why we use a personal customer-focused approach to financing. A finance team member will lay out your options clearly, so you’ll know what to expect.

When we work on financing, our team will reach out to local lenders that we have connections with—in order to get you the best options possible.

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Finance Tools

Our team has compiled some resources to help you get started on the financing process, and know what to expect after you’ve bought or leased your Hyundai.

One useful tool is our online payment calculator. This calculator helps you estimate your monthly payments depending on vehicle cost, down payment, and interest rate.

Do you have a vehicle you’d like to trade in for your next ride? Find out how much it’s worth when you trade it in at our dealership with our Value Your Trade tool. It takes a couple minutes and two steps!

Our website also has some information on how dealers value your trade and how to boost your vehicle’s trade-in value.

If you want to apply for financing before you arrive at the dealership, you can via our online finance application. Fill it out, and our team will start compiling your financing options before you swing by.

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Common Financing Terms

If you aren’t someone who’s financed a vehicle before, or it’s been awhile, this section is for you. Our team has put together some common financing terms, so you’ll know what they are when they come up.

• Credit Score—This measure tells lenders how likely you are to pay back a loan on time. It uses bill-paying history, debt, credit applications, and more, to determine.
• APR—stands for Annual Percentage Rate and is not always the same as an interest rate. It’s the rate charged per year.
• Lender—The lender is the bank or finance institution that you borrow money from.
• Fixed Loan Rate—This is a loan with a stable interest rate. The interest rate doesn’t change over time.