We at Ernst Auction Park specialize in used automobile financing.  We will consider applicants with ability and stability who have had credit problems, but have re-established credit.  We also have a first time buyer program.  Our rates are based on risk, credit, term and equity.

Our basic credit criteria are (there are exceptions to all criteria and strong offsetting qualifications can override one or more weak areas):

Residence:

• Two years at present address
• Five years in the state

Employment:

• Two years in the same field
• Military E-6 and above only

Income:

• $1,200 monthly and above
• 50% ratio
• Proof of income may be required

Credit:

• No serious current delinquency
• Customers with previous slow credit will be considered
• Two years on the credit bureau
• No repossessions or bankrupts unless credit has been re-established

For 1^st Time Buyer Program:

• 20% minimum down payment or more
• 1 year of job history and residence in area verified without interruption
• Copy of valid drivers license and social security card
• Maximum Mileage 110,000

Co-Signer

• Blood relative (highly qualified, non-blood relatives will be considered)
• Minimum Income of $1,400.00
• Satisfactory Credit

Our goal is to find a way to make the dea.  The more complete the application, proof of income, copy of credit report and other information you provide will enable us to get back to you with a prompt answer.

We at Ernst Auction Park Thank You and Appreciate Your Business.