Features

BlueHarbor Overview

BlueHarbor works with a national network of lenders to help customers obtain auto loans with competitive rates. In addition to issuing quotes, BlueHarbor actually staffs loan consultants who work with customers in a step-by-step way to help them decide on a solution and complete the financing process. BlueHarbor has an A+ rating from the BBB and is a brand of Ally Financial, Inc., which is a digital financial services company that has over $156 billion in assets.

How Do BlueHarbor’s Auto Loans Work?

BlueHarbor’s network of lenders offers loans for new and used car purchases, lease buyouts and refinancing existing loans. Based on the information you provide, BlueHarbor matches your loan request with one or more lenders and then helps you choose the loan that best meets your personal needs.

What Are the Interest Rates for BlueHarbor’s Auto Loans?

With BlueHarbor, you can get loan offers with rates as low as 2.49% APR. However, your rate could be higher based on a number of factors including your credit history, the loan amount you're requesting and your ideal loan term.

How Much Money Can I Borrow for BlueHarbor Auto Loans?

BlueHarbor does not state minimum and maximum loan amounts, but the online application requires that your inputted loan amount be at least $1,000 and no more than a seven-digit figure.

What Is BlueHarbor’s Application Process Like?

With BlueHarbor, you can submit a loan request online or, if you prefer to speak with a representative, you can contact the company by phone. When applying for a loan, you’ll be required to provide information about your car and income. When applying to refinance, you’ll also need to submit details about your existing loan. After your application is reviewed, you’ll get a quote from one or more lenders and a BlueHarbor team member will reach out to help you complete the financing process.

How Are BlueHarbor’s Auto Loans Better than Other Auto Loans?

- BlueHarbor works with a network of lenders to see what options are available to you.

- Interest rates start at 2.49% APR.

- Customers who refinance using BlueHarbor’s matching services save an average of $101 per month.

- The company has an A+ rating from the BBB.

  • Credit Bureau Reporting
  • Interest APR
    2.49% - %
  • Loan Amount
    $1000 - $100000
  • Min APR
    2.49%
  • Payment Options
  • Max Loan Term (Months)
    72
  • Checking Account Required?
  • Immigration Status Requirements
    Must be U.S. Citizen or U.S. Permanent Resident
  • Lend To Military?
  • Minimum Age
    18
  • Unemployed Applicants Considered?
  • Verification Documents Required?
    Recent bank statements Recent pay stubs Driver license (or other photo ID) Proof of citizenship/residence
  • Customizable Payment Dates
  • Deferred Payments
  • Joint Loans Available
  • No Late Fees
  • No Origination Fee
  • No Prepayment Penalty
  • Pre-Approved Soft Credit Inquiry
  • Minutes
  • Same Day
  • 1-7 days
  • 2-4 weeks
  • Lease Purchase
  • New Loan
  • Refinance
  • Used Car Loan
  • Institution Type
    Other
  • Approval Speed (Hours)
    24
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0 votes

After submitting all my docs for a refinance, I waited two weeks before I decided to call to see what was going on. Turns out, they weren't even processing my refi. They had declined it because of the mileage on my car. I mean, that's fine, but I wish they would have told me. I would've tried another lender.


0 votes

Blue Harbor has a super friendly staff that really cares about their customers. For the first time in my life, I felt like a lending company treated me with respect, compared to just being a number. They were wonderful the entire way through. I would highly recommend Blue Harbor for their auto loans.


0 votes

Blue Harbor surprised me in the best way possible. My credit was really bad- I mean, almost 20% interest on a car loan bad. I managed to refinance and get it down a little, but then Blue Harbor stepped in and got it down to 5%! I was so shocked! My credit had gotten better, but I wasn't expecting that.


0 votes

I love how straightforward this company is. They contacted me after I inquired and gave me a ton of info about their loans and rates. I asked probably way too many questions, and the loan rep I spoke with took it all with a grain of salt and gave me it straight. I appreciate that the APR they gave me upfront is the APR I actually got.


0 votes

I am so impressed with my loan officer at BH! My husband wanted to refinance our vehicle, but I wasn't sure because we hadn't done it before. Our amazing LO took our hands and we took baby steps. Everything was done so quickly. She basically gave us a checklist to turn in, and we did. So easy.


0 votes

Overall, I'm happy with Blue Harbor. I was a bit apprehensive at first, but my account rep eased my mind. She was very upfront and honest with me about everything, even GAP insurance. I was not familiar with it, but she made it all clear. I had a good experience, and I would recommend Blue Harbor.


0 votes

I couldn't be more impressed with Blue Harbor. I searched for some lenders to refinance with on Credit Karma, and they came up as a recommendation. I got a call soon after applying after the loan officer I worked with was great. It took just under a month, and now I'm saving just about $200 every payment. I'm very pleased.


0 votes

I got a cold call one day from someone at Blue Harbor. I wasn't planning on refinancing, but I figured I'd give them a shot. Worst mistake of my life. The “supervisors” there were so rude, and really didn't try to speed up the process at all. They caused so many problems and never felt the need to apologize to me.


0 votes

I was hesitant to go with Blue Harbor to refinance my car after I'd read a ton of bad reviews, but I actually had a good experience. My loan agent was very friendly and when I asked about the bad reviews, he told me that they process so many loans that some people are bound to be unhappy. Those are the people that voice their opinions. Makes sense to me!


0 votes

From a lending company, you really look for low rates and decent loan payments. At Blue Harbor, I found much more. The staff here is excellent. They are all ready to answer any questions, and work diligently to get you the best rates. I'm very pleased with them, and have already recommend them to friends and family.


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