Frequently Asked Questions

Is Bad Credit OK?
How long does it take to get my check?
What do I do when I get the check?
I have repossession in the past can I still qualify?
What Loan Amount can I qualify for?
What are the minimum requirements to qualify for a loan?
How much does it cost to apply for a loan?
How soon can I expect a loan approval?
What should I do if it’s been 48 hours since I applied and I haven't heard anything?

Is Bad Credit OK?
Yes, however to buy from an individual you must have a minimum credit score of 540 (pre-approving 90% of all consumers.) To buy from a dealer you must have a credit score above 470 (pre-approving 95% of all consumers.)

How long does it take to get my check?
Depending on the time of week and other factors, you can receive your check as fast as 1 day.

What do I do when I get the check?
When you receive your check simply sign it over to the dealer or owner of the car. We will handle the rest from there.

I have repossession in the past can I still qualify?
Yes. We have loan programs for every type of credit history, and the lowest rates around.

What Loan Amount can I qualify for?
Depending on the state that you live and certain underwriting factors you can qualify for between 5,000 and 90,000.

What are the minimum requirements to qualify for a loan ?
Depending on credit and type of auto loan As low as 3.9% APR 1 to 6 years To qualify for a loan with one of our partnered dealerships you must make a minimum monthly income of $1200 and a minimum credit score of 500 or have a co-signer. To qualify for direct auto financing you must make a minimum monthly income of $1800 and have a minimum credit score of 680 or have a co-signer.

How much does it cost to apply for a loan?
There are no fees for any of our loan services.

How soon can I expect a loan approval?
You can generally expect to receive notice of your approval within 48 hours.

What should I do if it’s been 48 hours since I applied and I haven't heard anything?
Often you are sent an initial email letting you know that your application has been received and is processing. Because these emails are sent from an unfamiliar email address they are frequently sent to your junk, bulk, or trash folders so be sure to check carefully for messages related to your loan. If you have questions about the status of your loan application please contact us by email. Please allow a full 48 business hours and keep in mind that many of our lending partners are closed over the weekend.