Faq
Before contacting us, we may already have the answer to your auto finance question below:
Can I obtain a loan if I am self employed or have a new job?
Being self-employed will not hinder your chances of obtaining financing and neither will having a new job. As long as you have proof of income and that you can repay your loan then you have a good chance of approval.
What is the minimum income for approval?
You must make at least $1200 per month on average to be approved for an auto loan. This amount may vary from lender to lender.
I have had repossession/bankruptcy in the past, can I still qualify?
Yes, you may still be able to qualify if you have been repossessed or gone bankrupt in the past. We work with many lenders who deal with specific types of credit problems. Let us help you today.
I cannot afford to put money down, is this a problem?
Not at all. Some of our programs allow you to defer the payment either partially or entirely. There are also Zero Money Down plans that you may qualify for.
How much will my interest be?
These unconventional loans are unsecured which means that you do not have to put down collateral. However, in exchange for this, you have to pay a higher interest rate. This rate will be determined by the lender you choose to do business with. The riskier your situation is the more likely that your interest rate will be higher.
How much will my monthly installment payments be?
This number is also determined by the lender and will vary. Certain factors that are taken into consideration include the interest rate, the down payment and the initial amount of purchase as well as the length of time that it will take to repay the loan.
After being approved, when can I purchase my car?
Once you are approved and you have your automobile loan money, you can start driving away in your new vehicle today.
How much does the application cost?
The loan application is free and there is no obligation to accept any loan offers. After submitting your application, you can decide that this may not be the best option for you. No pressure.
Will my private information stay private?
Absolutely. All of your information is confidential and we take all precautions including the latest encryption technology to ensure that all of your personal information remains confidential.
If you cannot find the answer to your question, then feel free to contact us here.
