How does the process work?
When you submit your information, your application is instantaneous sent to our full network of lenders. These lenders represent dealerships in your area. You will then be contacted by one of the lenders, sometimes within minutes, who will inform you of how much you are approved for, and will schedule an appointment to come to the dealership with pre-approved financing. Please allow 24-48 hours in some instances.
Is there a fee for this service?
Our service is 100% free. There is no cost or obligation on your part.
Can I buy a used car?
You can buy either a new or used car, SUV, van or truck. For Canadian applicants, new cars are coming soon in 2008.
How long does it take to buy a car?
Although you could be contacted within minutes of submitting your information, please allow 24-48 hours for a representative to contact you with your approval. You will then set an appointment to come to the dealership at your convenience. You could have your car in as little as 24 hours.
Who is bidding on my loan?
The finance companies who bid on your loan will represent large dealerships in your local area.
Do I have to buy the car from the dealer who calls me?
You are under no obligation to buy from the dealer who calls you. Keep in mind, however, that dealers compete for your business, so the one who calls you has shown that they really do want to work with you.
Can I get a motorcycle loan?
Sorry, we only deal with cars, trucks, vans and SUVs.
What kind of interest rate can I expect?
Interest rates are based on many factors - your credit history, down payment, whether you are buying a new or used car, dealer promotions, etc. And remember, you are under no obligation to accept any particular interest rate or terms.
I have a bankruptcy - can I still get a loan through you?
Even with bankruptcy, it is very possible to get approval from one of the many dealers who will bid on your loan.
Do you refinance existing loans?
Sorry, not at this time.
Do you really accept 97% of all applicants?
Our network of highly motivated dealerships are prepared to work with and finance virtually anyone, provided you are over 18. There really are only a very few factors which can make it difficult to obtain your financing through us. First is income - as we state on the application, most lenders want to see a minimum of $2000.00 pre-tax income per month. This is their primary concern - that you make money, not what past credit troubles you may have had. The next factor that makes it tough to finance is a recent repossession. This rarely occurs, but if this is your situation, any lender is going to find it tough to instill trust soon after a repo has occured. The last factor is simply a lack of coverage (participating dealerships) in your area. This is most common for people who live in remote areas. Our system is based on zip codes, and although we have an extremely large network of lenders, some are going to be outside of our coverage. If you don't get a call after applying with us, chances are this is why. Keep in mind that your credit report is not run if you are not contacted by one of our lenders.
Is my information secure?
Absolutely - The “https://” prefix in
the URL is the only visible indication of a secure session in progress.
By contrast, if a user attempts to submit personal information to an
unsecured Web site (i.e., a site that is not protected with a valid SSL
certificate), the browser’s built-in security mechanism will trigger a warning
to the user, reminding him/her that the site is not secure and that
sensitive data might be intercepted by third parties.
Apply for your car loan here |
