Overview

Where does GM Financial do business?

GM Financial is based in Fort Worth, TX. It was founded in 1992 and offers auto loans in 50 states (and Washington, DC).

What APR does GM Financial offer on its auto loans?

GM Financial offers auto loans with APRs starting at 1.9% and up to 19.9%. 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 inaccuate information in your credit history with these credit monitoring tools.

What is the maximum loan term you can get with GM Financial?

GM Financial has auto loans with a maximum term of 72 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 GM Financial charge an origination fee?

Yes, GM Financial may charge a loan origination fee.

Does GM Financial charge a late fee?

Yes, GM Financial charges borrowers with a late payment penatly fee

Does GM Financial charge prepayment fees?

Yes, GM Financial 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.

What do you need to qualify for a loan with GM Financial?

Applicants with a credit score of at least 550 can apply for a loan via GM Financial. 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

What is the estimated funding time for an auto loan via GM Financial?

GM Financial will typically fund the loan within 7 business days of approval.

Does GM Financial report loan payments to credit bureaus?

GM Financial reports credit data to the following credit reporting agencies:

• Equifax
• Experian
• Transunion