What Requirements Are There to Get An Auto Loan?

Car Finance Application with Car Keys

Do you need to know how to qualify for a car loan? Phoenix shoppers who are in the process of building or repairing their credit score might think that qualifying for a car loan is impossible, but this is not always the case. Provided that you have basic documentation like personal identification and proof of residence, institutions like Rocky's Auto Credit can help you secure flexible financing. Learn how to get a car loan with our finance team in the guide below.

What Do I Need to Qualify for a Car Loan?

Glendale drivers looking to finance a used vehicle with an auto loan should first consider the requirements that any financial institution will ask of them:

  • Proof of Income: Lenders want to have confidence that you can keep up with monthly payments, so they’ll require you to submit proof of income. Bank statements and/or pay stubs are sufficient in most cases, but some lenders might also ask for an income verification letter from your employer, or they might ask to contact your employer directly.
  • Proof of Insurance: All drivers in Tempe are required by law to have liability insurance. As such, proof of insurance is required by lenders. You can compare insurance rates across providers and get an auto insurance plan ahead of time, or you can purchase it from the dealership you’re working with. 
  • Personal Identification: As with any major purchase, you’ll need to prove your identity. Photo identification is required but is not the only form of ID you will need. Most lenders will also ask for a utility bill or a bank statement with an address that matches the one on your ID.
  • Proof of Residence: You’ll also need to prove your residency –most lenders will allow you to use a current utility bill. Or, you could provide a copy of a mortgage statement or a copy of your rental agreement.

Planning to trade-in your current vehicle to get some credit toward your down payment? Be sure to bring along your trade-in’s title and registration as proof of your ownership of the vehicle.

Qualifying for a Car Loan: Do I Need a Good Credit Score?

There’s no questioning whether a good credit score will better your chances of getting approved for an auto loan with good rates. However, individuals with bad or even no credit are often still able to get financing. Keep in mind, “good credit” can vary between lenders. At Rocky's Auto Credit, we offer solutions like Buy Here Pay Here with no credit check. No matter the circumstances, our goal is to help everyone who comes to us get reliable transportation at a price they can afford. 

How to Get a Car Loan: Apply Today With Rocky's Auto Credit!

Rocky's Auto Credit is proud to offer no credit car sales in Mesa. Get started today when you apply for pre-approval online! We have large pre-owned inventories to serve customers in Mesa and Glendale. With any questions, please contact us to start a conversation.

More from Rocky's Auto Credit

  • 3 Family-Friendly Activities in the Mesa, AZ Area

    Some rights reserved by ksblack99 Whether you live in the Mesa area or are just visiting, there are several activities around town that the entire family can enjoy. Let’s discuss some of these activities and why they’re so fun.  1. Butterfly Wonderland Butterfly Wonderland is home to over 3,000 beautiful butterflies, making it the largest butterfly conservatory…

  • 3 DIY Car Maintenance Tasks

    Some rights reserved by crazyoctopus Whether you’ve just bought a new car, or you’ve owned your vehicle for some time, it’s important to keep up with maintenance. Keeping your vehicle properly maintained will ensure that it looks good and runs well. If you’re worried about the cost of car maintenance, there are several tasks you can perform…

  • Best Date Spots in Mesa, AZ

    Some rights reserved by Beyond Neon Dating these days doesn’t seem to require any amount of thought or effort, sadly being reduced to swiping left. However, for those of you that are looking to take your date somewhere special, these locations can’t be beaten. Whether on a first date or celebrating your wedding anniversary, let the team…

Saved Vehicles


You don't have any saved vehicles!

Look for this link on your favorites:


Once you've saved some vehicles, you can view them here at any time.

Contact Us


Call Now

470 S. Alma School Rd • Mesa, AZ 85210

Get Directions

Today's Hours:

Open Today! Sales: 9am-7pm

Rocky's Auto Credit 33.4062373, -111.8573523.