How it Works

Understanding Car Loans

Trying to obtain a car loan doesn’t have to be stressful or confusing. We’re here to help ease the process.

Here’s how it works:

When you get approval for a car loan, you are entering into a contract with the lender, rather than the dealership. Payments for car loans are calculated based on three things: Cost, Term, and Interest Rate

Cost

Total cost of a vehicle based on the calculation above, plus any fees from the dealer or optional add-ons for your car you choose.
Terms

Typically, terms will run anywhere between 26 months and 72 months, but shorter or longer terms are sometime possible.
Interest Rates

This is the percentage that the lender is charging for you to borrow the money. Rates can vary depending on whether the vehicle and the risk the lender perceives in granting the loan to the customer.

Basically:

Total cost of the vehicle + Any fees that the lender/dealership may have + Options or add-ons you choose = YOUR CAR LOAN

Through our special financing programs and our extensive network with dealerships, we can quickly match you with a local dealer in your area who can help secure your financing, regardless of where you stand in credit – good or bad.

Get started today! Fill out an application and get approved.

Apply Now

Step 1

The first stage is the fun part: you get to pick your vehicle type! Based on your preference, we are able to find dealers that have this particular kind of vehicle in their inventory. Don’t worry! You won’t be locked into a purchase at this point. This stage simply helps us identify your needs.

Step 2

Next, you’ll need to fill out an application. During this stage, you’ll be asked some basic information, such as where you are currently employed, your current address, your financial background, and contact information. This provides us with more information to determine which vehicle will fit your budget. Team work!

Step 3

We match your application with a certified dealer who is able to discuss your vehicle options with you. They’ll also determine the amount you are able to dedicate towards monthly payments. After we match you, you’ll be contacted by the dealer who is best available to offer you a suitable agreement that meets your needs.