Features

DriverUp is an online loan marketplace that specializes in automotive financing. DriverUp is the first company to allow investors to deal directly with auto dealers and borrowers. Auto lending is a growing, higher-yield business that was previously restricted to traditional sources of credit. DriverUp offers borrowers, dealers, and investors with a fast and easy way to underwrite loans. navigate application process that speeds loans and moves cars. DriverUp's proprietary technology platform makes processing and buying loans quicker and easier. Its online platform offers borrowers and dealers p paperless experience that reduces the time involved in auto financing from hours to minutes.

Borrowers receive lower rates, investors can tap into a high-growth market, and dealers can move cars faster. DriverUp uses proprietary technology to simplify and streamline the underwriting of auto loans.

DriverUp offers rates as low as 8% APR. However, that is the minimum. Rates vary significantly by credit.

  • Loan Amount
    $1000 - $100000
  • Payment Options
    • Automatic Payments
    • Check by mail
  • APR
    Starting at 8%
  • Credit Score Range
    560 - 850
  • Immigration Status Considered
    U.S. Permanent Resident
  • Maximum Vehicle Age
    20
  • Military Status
    • Active Duty Military and Dependents
    • Non-Military
  • Minimum Age
    18
  • Supported Income Types
  • Verification Documents Required?
    • Recent pay stubs
    • Driver license (or other photo ID)
    • Proof of citizenship/residence
  • Approval Speed (Hours)
    24
  • Customizable Payment Dates
  • Deferred Payments
  • Joint Loans Available
  • Funding Time
    1-7 days
  • Credit Bureau Reporting
  • Institution Type
    Other
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