Frequently Asked Questions
I don't have any established credit, can I still get approved?
Yes, even if you don't have established credit, you can still get approved! We work with all different types of customers including those with no credit history.
What are the interest rates?
Interest rates vary based on your individual financial situation and the current market conditions. Even subprime auto loans offer extremely competitive interest rates.
How do I apply?
You can apply online through our website. After submitting the necessary information, our customers typically hear back within minutes if they are approved!
Can I refinance my subprime auto loan in the future?
Yes, once you've demonstrated consistent on-time payments and your credit situation improves, you might be eligible to refinance your loan at a lower interest rate.
Do you require a down payment?
While a down payment can help lower your monthly payments and the total loan amount, it's not always required. We do have $0 down payment loan options.
How long does the approval process take?
In many cases, you can get pre-approved within minutes to a few hours of submitting your application. Full approval might take a bit longer, depending on the required documentation and verification process.
Can I get a loan if I've had a recent bankruptcy or repossession?
Yes. While past financial challenges can affect your loan terms, we specialize in working with individuals in such situations and might still be able to offer you financing.
How can I improve my chances of getting approved?
Providing a larger down payment, having a co-signer, or choosing a more affordable vehicle can enhance your chances. Regularly checking and improving your credit score will also help in the long run.
How do I make my monthly payments?
Once approved, you will receive detailed information on the various ways to make payments and your payment schedule to make sure you are rebuilding your credit at the same time.
Can I pay off my loan early?
Absolutely! Read your loan details carefully, there could be prepayment penalties.
