Used car loans, new car loans, all kinds of loans — frequently asked questions at Autoloan.com

Used car loans? New car loans?

Frequently Asked Questions at Autoloan.com

1) Why are you sending my application to a dealer in my area?
Most banks, finance companies, and credit unions will only loan money for a car or truck when there is a dealer involved. This is called an indirect loan. The dealer is there to "structure" the sale of the car to you. The dealer collects all of the necessary paperwork that the lender may need and then sends that information to the lender. Remember, more than 80 percent of the people buying cars today go through this indirect process. We only work with the best dealers in your area to ensure a pleasurable experience.

2) I do not have excellent credit. How can
Auto loan .com help?

Almost 80 percent of all adults have at least one black
mark on their credit report. If you do not qualify for a
direct loan, our national dealership network can help
provide you with a new car loan, a used car loan, or
a lease on a new or used vehicle.

3) I need a second car with a low monthly
payment. Can I find a late model car that
will have a low monthly payment?

Yes. The Autoloan.com dealer network has
great dependable cars with finance programs
that can keep your monthly payments low!

4) Is the information that I submit secure?
Yes. We encrypt all transmitted information.

5) What are the interest rates for my car loan?
Your interest rate is influenced by several factors:
• if it's a new car loan or a used car loan,
• the amount of your down payment,
• your credit history
• and the term of your loan.
Your credit specialist will explain the details to you.

6) How long does the process take?

We provide one of the shortest online auto
loan applications on the Web. It generally
takes about 60 seconds to complete.

Then what?
On average, you'll hear from a local loan officer within 30
minutes (though it depends on the time of day when you apply.

7)My credit rating is not great. I have had some
problems. Can Autoloan.com help me, too?

   Yes. Autoloan.com dealers and lenders will help you work
    through your past problems. They are experts at arranging
     financing for a vehicle that fits your personal needs
       and budget. Autoloan.com lenders have made thousands
          of auto loans for people with poor credit.

          8) Are there any fees with Auto loan.com?
          There are no fees for this service.

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