Get
the facts on purchasing a new or used car with bad credit. Learn
about interest rates and the secure application process.
1. |
Are
the loans from Carloans.us for purchasing new cars or used
cars? |
|
Our partner
dealers handle both new and used cars. Your local participating
auto dealer will work with you to determine the best situation
for you, and select your car. |
2. |
How long does
the car loan application process take? |
|
Times vary
it could be a few minutes or in some cases up to 24 hours.
You will be contacted immediately upon completion of the process.
It may take slightly longer
if you applied on a weekend or holiday |
3. |
What are the
interest rates for my auto loan? |
|
Interest
rates are influenced by several factors, including the severity
of credit problems, the amount of down payment, and the degree
of credit risk. |
4. |
Can I get an
car loan even if I have bad credit? |
|
Of course! Our dealers
will work with you every step of the way to help you get approved
for your next car. |
5. |
Will it help
if I have a co-signer on the auto loan? |
|
If you have a co-signer
with a good credit status, this will definitely help your
chances of getting an approval. |
6. |
How do I check
the status of my loan application? |
|
|
7. |
Is the information
I submitted secure? |
|
Yes, we transmit the
credit application using 128 bit Encryption |
8. |
Are there any
fees associated with your car loan application? |
|
This is a completely
free service. |
9. |
If there is not
an affiliated dealer in my area what happens to my application? |
|
Your loan will be processed
by one of our affiliate lending partners. |
