Byrider West Palm Beach Reviews (2024)

FAQs

Is it hard to get approved at Byrider? ›

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.

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.

One of the biggest advantages of working with a Buy Here Pay Here dealership is the fast approval process. Since Byrider doesn't rely on outside banks, we can streamline the approval process to save you time and energy. Some customers can get same-day approvals with no money† down!

He created Auto Credit seminars to teach other business owners how to do on-site financing in 1986 and founded J.D. Byrider a few years later in 1989. 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.

Automakers such as Ford, Kia, and Hyundai are known for working with borrowers who have lower credit scores.

The credit score required and other eligibility factors for buying a car vary by lender and loan terms. Still, you typically need a good credit score of 661 or higher to qualify for an auto loan. About 69% of retail vehicle financing is for borrowers with credit scores of 661 or higher, according to Experian.

The AG's complaint alleged that JD Byrider sold its cars at more than twice their actual value, forced consumers into loans with high interest rates without regard for the consumers' credit qualifications, and sold consumers expensive extended service contracts that stipulated they could only get their cars repaired by ...

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!

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.

Customers can make payments in several different ways, such as by check, MoneyGram, online and electronic payments (ACH), cash or payment card, depending on how and where you make those payments and our current policies for accepting these types of payments.

Is Byrider the same as JD Byrider? ›

Finance. Drive On,” is the company's new tagline. 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.

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.

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

Founded in 1989 as J.D. Byrider, the business was bought by private equity firm Altamont Capital Partners in 2011, and more recently rebranded and changed its name to Byrider.

“We decided to refresh our brand and launch a new website to ensure that both better represented our commitment to customer service,” Lafkiotes said. “Our clean and modernized branding and website make it easy for customers to navigate their way to owning a car.”

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!

Having a high debt-to-income ratio — the amount of debt on credit cards, other loans or a mortgage compared with the amount you're paid — is another possible reason for loan denial. Also, a loan application could be declined for something simple like incorrect or missing information in your application.