Car Loan at a Glance

Editorial Score 4.2

Online Experience 4.5

While lacking some loan information, the Car Loan website is still very user-friendly and easy to navigate. Plus, it has some nice features.

Loan Types 4.5

Car Loan offers new and used vehicle loans, lease buyout, and auto loan refinancing.

Eligibility 4.8

This platform is a good option even if you have a poor credit score or have filed for bankruptcy. In short, its eligibility requirements are quite flexible.

Client Support 3.5

There is no client support phone number available at Car Loan but they have an online contact form and a snail mail address.

Repayment Flexibility 4

There is no clear info about the repayments on the website because this detail depends mostly on the specific type of loan you will get from a direct lender. However, generally, their repayment terms are between 36 and 72 months.

Overview

Car Loan has been in the business of helping people get car loans more easily for more than twenty years. The company called Internet Brands owns this platform which represents a great choice for those of you with poor to average credit scores or no credit at all. The platform also allows people who have filed for bankruptcy to search for an auto loan. Its eligibility requirements are not as severe as it’s the case with other platforms and the number of collaborators that Car Loan has is huge. It’s worth noting that the lenders on the platform offer loan amounts that are between $7,500 and $45,000, with APR rates that can vary between 0% and 25%.

Suitable For?

Like we have previously mentioned, Car Loan is a great choice for low or no credit scores and even past bankruptcy issues. It’s also suitable for people living in any state besides Massachusetts, Hawaii, Nevada, Mississippi, Oregon, or North Dakota. The platform also allows co-applicants, which is something that not many similar platforms do.

Features

Besides the basic features of an auto loan marketplace which work very well and are helpful, Car Loan also offers a series of other benefits too. For example, the website has a loan estimator which can calculate the maximum loan amount that you might be accepted for based on the provided data. Also, they have a payment calculator which can be very helpful when establishing these payment details of your loan.

Application Process

Applying for an auto loan on Car Loan is not only extremely easy but it can also be done within minutes. Just fill in the required personal and financial details and wait for your approval. Keep in mind that you need a gross income per month of at least $1,500 to be eligible and to have worked at the same job for at least half a year. Also, be careful when providing references because the platform requests six to eight of them.

Loan Types and Loan Terms

Car Loan offers people the possibility to connect with lenders that provide new and used vehicle loans, lease buyout, and auto loan refinancing. The loan terms vary between 36 and 72 months as a general rule but this detail depends on multiple factors.

Is Car Loan Safe?

Car Loan is a safe option that will share your data with its collaborators only with your consent. They do not have a Better Business Bureau rating or a TrustPilot page but multiple online reviews are positive. In order to be certain of your data safety, you can perform a cleaning of your internet browser once you’re done with your loan.

Repayment Options

The Car Loan platform doesn’t list any repayment options and that is because those details are to be discussed with the direct auto loan lender of your choice. However, in general, the APR rates are usually between 0% and 25% and repayment terms are between 36 and 72 months.

Customer Support

When it comes to customer support, Car Loan cannot offer information on the loan of your choice because it’s not up to them to do that. These details are usually given to you once you have gotten in contact with a direct lender. However, visitors can fill out an online form with their info and wait for a representative to get back to them with a solution. Sadly, you cannot call or e-mail them in case you are in need of help. However, there is a snail mail address where you can write to them.

How Car Loan Compares to Other Platforms

When it comes to the transparency of data, Lending Tree takes the first spot on our list. They offer detailed info on the auto loans they provide and make it easy for clients to understand where they stand. As for the other features and requirements of Car Loan, they are very similar to those of many other marketplaces like My Auto Loan, MaxCarLoan, and CarsDirect.

Final Word

The bottom line here is that Car Loan can offer professionalism and experience when it comes to putting clients in contact with auto loan lenders. They have an easy application process and requirements that can be easily fulfilled, even for those with a bad credit score or no credit history at all. There are, obviously, lots of downsides to this platform but this doesn’t make it any less useful and believable. It is definitely worth considering in case you are looking for a fast auto car loan.

Physical Address

909 N. Sepulveda Blvd

El Segundo, CA 90245