Byrider Roanoke Reviews (2024)

FAQs

What credit score is needed for JD Byrider? ›

We consider things like your income, your budget and your history of on-time payments (rather than just looking at your score alone). Because of that, there is no specific minimum credit score needed to qualify for financing from us.

CNAC has worked with Byrider to help over 1 million people get the financing they needed for the car they wanted. We offer private, secure payment processing services with flexible payment schedules and many different ways to pay. With CNAC, you could get easy financing for a great car.

J.D. Byrider, a used car dealership, has been sued by the Kentucky attorney general for selling substandard cars and trucks. The dealership settled the lawsuit by paying $7.1 million to customers. The Massachusetts attorney general also sued J.D.

Altamont Capital Partners acquired the company in 2011.

At Byrider, some of our buyers can qualify for financing with as little as $0† down. You can hold onto your paycheck and get behind the wheel of a great pre-owned car!

You can trust that we won't make a decision on credit score alone and will work hard to make financing a possibility. Don't let a bad credit background keep you from financing a used vehicle — we would love to help you today.

The initial franchise fee is $60,000, with $40,000 required for each additional franchise purchased. There are many other costs that are associated with acquiring a suitable location, including staffing and proper funding.

In 2019, Byrider relaunches with new company vision: Be the consumer choice in helping people get a fresh opportunity to finance and own a quality vehicle. Byrider is America's largest buy here pay here dealership network and has sold more than 1.2 million cars at more than 150 locations across the country.

The new branding drops the “J.D.” in J.D. Byrider, and lower-cases the “byrider.” New ads emphasize the idea that customers can get on with other aspects of improving their lives, once they have a car.

"When repossession can occur: The titleholder can repossess once you default on your loan, which could mean missed payments or that you are not meeting another requirement of the loan, such as maintaining insurance on the vehicle.

Does J.D. Byrider report to credit bureau? ›

We report all of your payments to the three major credit bureaus. As you make your full, on-time payments on your vehicle, it can only reflect positively on your credit!

JD Byrider competitors include DriveTime | Bridgecrest | SilverRock and CarMax.

The approval process is easy at J.D. Byrider. We look at your current financial situation--not just your past mistakes. If you're approved, we'll set up affordable payments with a personalized schedule to try to fit your needs.

Most used auto loans go to borrowers with minimum credit scores of at least 675. For new auto loans, most borrowers have scores of around 730. The minimum credit score needed for a new car may be around 600, but those with excellent credit often get lower rates and lower monthly payments.

There is no minimum credit score required to be approved for car finance for a number of reasons: – Different finance providers will use different third-party credit reference agencies to retrieve your credit score. A person's credit score will be different across providers as their scoring systems are unique.

Regardless of whether you are getting an auto loan or other types of loans a good credit score range is 670-850 for the FICO score model. This puts you in between the good to excellent credit bands which gives you good rates.