Ally Auto Finance
in Auto Loans from Ally Financial Inc.Claimed
Ally Auto FinanceClaimed
in Auto Loans from Ally Financial Inc.
Strongly not recommended
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|Community Rating||Strongly not recommended|
|Loan Amount||$1,000 - $100,000|
|APR||0% - 18%|
|Credit Score Range||560 - 750|
|Loan Term||Up to 84 months|
Ally Auto Finance Review
Ally Auto Finance is an auto purchase finance offering by Ally Financial Inc., a bank based in Philadelphia, PA. Founded in 2001, Ally Financial Inc. offers auto loans in 50 states (and Washington, DC).
How much can you borrow via Ally Auto Finance?
Ally Auto Finance auto loan amounts start at $1,000 and go up to $100,000.
What APR does Ally Auto Finance offer on its auto loans?
Ally Auto Finance offers an auto loan product that ranges from 0% APR up to 18% APR.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
What is the maximum loan term you can get with Ally Auto Finance?
Ally Auto Finance has auto loans with a maximum term of 84 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.
Does Ally Auto Finance charge an origination fee?
Yes, Ally Auto Finance may charge a loan origination fee.
Does Ally Auto Finance charge a late fee?
Yes, Ally Auto Finance charges borrowers with a late payment penatly fee
Does Ally Auto Finance charge prepayment fees?
No, Ally Auto Finance will not charge you a fee for paying your loan early. Whenever possible choose lenders like Ally Auto Finance that don't charge a prepayment fee. These fees can reduce or even cancel the interest savings of repaying a loan early.
Can I pay off early my Ally Auto Finance loan?
Yes, you can. Ally Auto Finance does not charge a prepayment fee, so you can save money by paying your auto loan early.
What are the Ally Auto Finance auto loan requirements?
Applicants with a credit score of at least 560 can apply for a loan via Ally Auto Finance. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.
To qualify, applicants may need to provide the following documentation:
- Driver's license
- Proof of citizenship or residence permit
- Recent pay stubs
Other Services by Ally Financial Inc.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|No Prepayment Fee|
|Credit Score Range||
560 - 750
|Immigration Status Considered||
|Employment Statuses Considered||
|Joint Loan Applications Accepted||
|Verification Documents Required||
|Loan Amount||$1K - $100K|
|Loan Term||Up to 84|
|APR||0% - 18%|