City National Bank Auto Loan Review

City National Bank Auto Loan is offered by City National Bank of Texas, a bank founded in 1889 and based in Sulphur Springs, TX. City National Bank Auto Loan is available in 1 state across the USA.

What APR does City National Bank Auto Loan offer on its auto loans?

City National Bank Auto Loan offers a fixed APR auto loan product but they do not disclose their rates.

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.

Does City National Bank Auto Loan charge an origination fee?

Yes, City National Bank Auto Loan may charge a loan origination fee.

Does City National Bank Auto Loan charge a late fee?

Yes, City National Bank Auto Loan charges borrowers with a late payment penatly fee

Does City National Bank Auto Loan charge prepayment fees?

Yes, City National Bank Auto Loan does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my City National Bank Auto Loan loan?

Yes, you can. However, City National Bank of Texas charges a prepayment fee if you pay your auto loan early. This fee could reduce or eliminate the savings from paying the auto loan early.

What do you need to qualify for City National Bank Auto Loan?

Applicants with a credit score of at least 600 and up to 850 may be eligible for City National Bank Auto Loan. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

City National Bank Auto Loan does not have or does not disclose a minimum annual income eligibility requirement. City National Bank Auto Loan only considers borrowers who are employed.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via City National Bank Auto Loan. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by City National Bank Auto Loan. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

• Proof of income
• Driver's license
• Government issued photo ID
• Proof of identity

Does City National Bank Auto Loan report your account activity to credit bureaus?

Yes, City National Bank Auto Loan reports your account activity to the following credit reporting agencies:

• 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 improve your credit.