Besides being a marketplace for clients and lenders to find each other, Auto Credit Express also has a network that comprises 931 dealers, all over the United States. It’s worth noting that possible future clients need to work with one of their network auto dealers if they want to obtain financial aid. Keep in mind that this platform is not a direct lender but it simply matches visitors looking for auto loans with the lenders that suit their requirements. Once you have been accepted for a loan, you can even visit one of your local dealers to get your vehicle.
Auto Credit Express also accepts people with poor credit scores along with people with no credit history at all. Their staff provides assistance in these cases in order to help everyone who is looking for a loan.
Suitable For?
Auto Credit Express is suitable if you have a poor credit score or no credit history at all. It’s also a good choice for people with repossessions, delinquencies, and bankruptcies. It’s worth considering it in case you require a quick auto loan or if you want to get financing for a vehicle. Also, if you are living in the US or Canada, you are eligible for a loan.
It’s worth noting that in order to be eligible for a loan you need to have at least three years of employment in your name. Also, to have worked for at least half a year and have a stable income of at least $1,500, calculated before taxes.
Features
Some of the most noteworthy features of Auto Credit Express have to do with the flexible eligibility requirements that it has. Besides that, you can easily apply directly on the platform and you will receive an answer within minutes. You can also get approval for a loan in advance so you can streamline the buying process of a vehicle. The platform also offers some loan calculators and rate estimators to make the job easier for their clients.
Application Process
You can apply for an auto loan in just a few minutes, straight from the Auto Credit Express website. You will receive an answer very quickly and you will be able to pick a loan that suits your needs. You will be asked to provide some personal and financial information so that the platform can pair you with its lenders. The website will only run a soft credit check which will not affect your score. However, once you pick a lender and get in contact with it, a hard credit inquiry might be necessary.
Loan Types and Loan Terms
Auto Credit Express offers, through its partners, pre-owned and new vehicle loans and auto loan refinancing options. As for the loan terms, these will be decided once you have qualified for an auto loan from a direct lender and depend on multiple factors.
Is Auto Credit Express Safe?
Auto Credit Express is as safe as most other reputable and professional loan marketplaces. This platform has an A+ rating from the Better Business Bureau. On TrustPilot, its score is excellent, with 4.6 out of 5 stars. There have also been complaints related to excessive marketing communication upon applying for a loan.
Repayment Options
The repayment options for auto loans are flexible but the Auto Credit Express website fails to provide any more info than that. You will have to get in contact with the lenders to find out more.
Customer Support
Clients can contact Auto Credit Express via phone at 866.902.4403. They work from Monday to Friday from 8 AM to 5 PM EST. There is also a contact form on the website which you can fill out to be contacted by an employee afterward.
How Auto Credit Express Compares to Other Platforms
Auto Credit Express is very similar to many of its competitors. It can help people with bad credit scores just like My Auto Loan and CarsDirect and it provides similar types of loans as those two platforms. LendingTree sits better when it comes to loan options, however, and when it comes to loan information available on the website.
Final Word
In short, Auto Credit Express is a very useful platform if you don’t have a great credit score or if you lack a credit history. It’s easy to use, quick, intuitive and provides a fast solution for your issues. While it lacks some loan info and former client have complained about their aggressive marketing campaigns, this is still worth checking out.
Physical Address
3252 University Drive, Suite 250
Auburn Hills, Michigan 48326
