Last Updated: 04/18/2025
SuperMoney User Recommendation Score -89
Strongly not recommended19 total votes
Cast Your Vote
Get Competing Auto Loan Offers
Compare auto loan offers from multiple vetted lenders.
Discover your lowest eligible rate in minutes.
See how much you qualify for and what your monthly payment will be.
Get Personalized Rates
It's quick, easy, and won't hurt your credit score.
Highlights
Community Rating
Strongly not recommended
Amount Range
$5,000 - $50,000
APR (Fixed APR)
6.52% - 15.28%(Verified 06/21/2024)
Disclaimer popup with additional information
Credit Score Range
640 - 800
Loan Term (Months)
Up to 72
Number of Reviews
Citizens One Auto Finance Review
Citizens One Auto Finance is offered by Citizens Bank, a bank founded in 1828 and based in Providence, RI. Citizens One Auto finance are available in 47 states.
Citizens One Auto finance FAQ
How much can you borrow via Citizens One Auto finance?
Citizens One Auto finance loan amounts start at $5,000 and go up to $50,000.
What APR does Citizens One Auto finance offer on its car loans?
Citizens One Auto finance offers a fixed apr car loan product that ranges from 6.52% APR up to 15.28% 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 auto loan term you can get with Citizens One Auto finance?
Citizens One Auto finance has car loans with a maximum term of 72 months. Having the option of longer terms allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your car loan, the more interest you will pay.
Does Citizens One Auto finance charge an origination fee?
Yes, Citizens One Auto finance may charge a loan origination fee .
Does Citizens One Auto finance charge a late fee?
Yes, Citizens One Auto finance charges borrowers with a late payment penatly fee
Does Citizens One Auto finance charge prepayment fees?
No, Citizens One Auto finance will not charge you a fee for paying your loan early. Whenever possible choose lenders like Citizens One 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 Citizens One Auto finance loan?
Yes, you can. Citizens One Auto finance does not charge a prepayment fee, so you can save money by paying your car loan early.
What do you need to qualify for Citizens One Auto Finance?
Applicants with a credit score of at least 640 and up to 800 may be eligible for Citizens One Auto Finance. The minimum age to be eligible is 18 or the state minimum, whichever is higher. Citizens One Auto Finance does not have or does not disclose a minimum annual income eligibility requirement.
To qualify, applicants may need to provide the following documentation:
- Recent pay stubs
- Driver's license or other government photo ID
- Proof of citizenship or residence permit
What is the estimated funding time for a car loan via Citizens One Auto finance?
Citizens One Auto finance will typically fund the car loan within 7 business days of approval.Does Citizens One Auto Finance report your account activity to credit bureaus?
Yes, Citizens One Auto Finance reports to the following credit bureaus:
- Equifax
- Experian
- TransUnion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does Citizens Bank perform a hard credit pull?
Yes, Citizens One Auto finance performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
Is Citizens Bank a legit company?
Citizens Bank was founded in 1828, it is a well-established company that has been in business for 198 years. Citizens One Auto Finance is strongly not recommended by SuperMoney community users.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from Citizens One Auto finance
Message from our editor
What we love about Citizens One Auto Loan
Citizens One Auto Loan works with car dealerships to offer financing to people who want to buy cars. It offers flexible loan terms, letting you take up to 84 months to repay your auto loan. You can finance both new and used vehicles and Citizens One’s minimum credit score is lower than many other large lenders’ requirements.
Citizens One is also widely available. The lender operates in more than forty states and works with more than 6,700 dealerships.
What could Citizens One Auto Loan do better?
One drawback of Citizens One is that it primarily does financing through dealerships. To get a loan offer, you’ll have to visit a dealership in-person and apply for financing there. That means you can’t get a loan offer before you go out, which can help you know what you can afford and give you a stronger position to negotiate.
Citizens One also doesn’t offer refinancing. It’s only for the purchase of new and eligible used vehicles.
Finally, Citizens One doesn’t have the best IT systems out of major car lenders. Setting up an account and managing your loan online can be a hassle, which is the last thing you want when you’re trying to make sure you pay your bills on time.
Citizens One Auto Loan’s backstory
Citizens One is the financing arm of Citizens Financial Group, one of the larger banks in the Northeastern United States. It offers auto loans, personal loans, student loans, mortgages, and credit cards to consumers.
The Verdict
Citizens One’s auto loans are the type of loans that you generally seek out. More frequently, you wind up working with Citizens One when you apply for financing at a dealership. This isn’t necessarily a bad thing as you may get a good deal or a discount from the dealer. Still, it’s in your best interest to shop around for loans before going to the dealer’s lot and to keep Citizens One loans in mind as one of your options while you shop.