Compare Car Loans

Compare Car Loan Financing Options from the Top Five Online Lenders and Brokers:

Car Loan Site

Requirements

Loan Types

Credit Types

No car loans for commercial vehicles or recreational vehicles. No car loans offered for conversion vans, boats, motorcycles, salvaged cars, lemon law cars, or gray market vehicles. No car loans available in Alaska, Arkansas, Mississippi and Puerto Rico.

Financing and Refinancing
New or Used Car Loans

Claims to offer competitive auto refinance rates to customers of all credit types.

1-800 FreshStart!

No requirements for car loans as this is a multiple lender-finder type of service. Each network dealer or affiliate financing referral service shall be solely responsible to determine options for car loans.

Offers New and Used Car Loans

bad credit, no credit, bankruptcies and other problems

myAutoloan

You and/or co-qualifier must be at least 18 years of age. Minimum income of $2,000 per month or $24,000 per year. Time at last 2 residences must be greater than 6 months. Must have been with last 2 employers greater than 6 months. Must not have any open bankruptcies. Must have a valid social security number. Car loans for vehicles with less than 100,000 miles and it must be 6 years old or newer. You must be financing or refinancing more than $7,500.00

New Car Loans
Used Car Loans
Refinance
Private Party
Lease Buyout

All Credit Types are Encouraged to Apply

RoadLoans

Car loans for vehicles that are a 2001 model or newer and must have less than 70,000 miles. No car loans for commercial, conversion or customized vehicles. Must be sold by a franchised dealer in your state. Vehicle must be worth more than $7500

New Car Loans

Used Car Loans

Person to Person

Refinancing

Specializes in New and Used Auto Financing for People with Less than Perfect Credit

First Again

No Restrictions for car loans. You must have excellent and substantial credit to qualify and then you can use the loan in order to finance anything.

Any Type of Car Loans

Loan can be Used for Whatever you Want

Excellent Credit

Bad Credit Car Loans

In some cases it may be possible to get a new or used car loan even if you have bad credit. As you can see from the list of lenders and auto financing brokers above, there are many choices when it comes time to buy a vehicle or refinance an existing car loan. You may even be able to find a decent car loan if you have a previous bankruptcy.

In the case of bankruptcies, most lenders will require that your bankruptcy has been discharged. This is for the car loan companies that even offer this type of car financing in the first place. Some auto loan brokers and lenders prefer to just not deal with people who have bankruptcies on their credit report. Use the chart above to find lenders who might be easier on people with bad credit and previous bankruptcies.

Used Car Loans

In today's auto financing market, there is a growing need for lenders who are willing to finance used cars and also offer person-to-person car loans. As you can see, there are many auto loan companies who do offer used car loans. However, in many cases, the used vehicle that you purchase would need to be from a dealership. Sometimes it even needs to be from one of the dealerships that are part of the lender's network. Other restrictions may apply as well.

New Car Loans

The most important thing to remember about new car loans is that getting your auto financing from the dealership can end up costing you thousands of extra dollars and it may not be for the reason that you think. Dealerships may be able to offer new car loans with comparable, competitive or even attractive financing options. However, they do have a tendency to use their financing options to their favor. They can leverage some bargaining power behind their new car financing options.

It is much easier to enter a dealership and deal with the sales manager if you are coming in with a cash offer. By getting your new car loan financed beforehand, you will essentially be entering the deal with a cash offer and this can give you the upper hand when it comes to hashing out the deal. If you are thinking about buying a new car then get your loan first!

Refinance a Car Loan

Car loan refinancing can save you quite a bit of money. This is especially true if you financed your car several years ago when the interest rates were higher. If you can get a car refinance loan at a lower rate then you might be able to save some money. Many of the auto financing companies listed above do offer auto refinancing loans.

Another option, when you refinance your car loan, is to consider using your credit union. They often have competitive rates. If you don't belong to a credit union then you might consider signing up for one. Another popular option for car loan refinancing is a home equity loan. One of the best aspects of auto refinance done this way is that in many cases, the interest can be written off on your taxes. You'll need to talk to your tax professional in order to get the specifics on that.

Car Loans After Bankruptcy

This is somewhat of a sticky proposition. As mentioned above, there are some banks and auto lending institutions that will do it but the list is small. In some cases you may end up with an undesirable interest rate just for having a previous bankruptcy on your credit record. One thing that you may want to do is run a credit check on yourself so that you can see just what you are up against. There are plenty of places on the internet that allow you to do that.

Car Loans Online

Can you think of an easier way to apply for a car loan than doing so on the internet? Think about it. When you use an online application to apply for a car loan, you have all of your personal information at your fingertips or right there in your filing cabinets. Can you name your last three residential addresses off the top of your head? How about the addresses and phone numbers of the three closest people that don't live with you? It's just much easier to fill out an online application at your own pace. When you apply at a dealership you will feel like you are under pressure to get all the information written down as fast as possible and most of the time you won't remember the items that they are asking for.