Honda Financial Services is based in Torrance, CA. It was founded in 1980 and offers auto loans in 50 states (and Washington, DC).
Honda Financial Services offers auto loans with APRs starting at 0.9% .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.
Honda Financial Services offers auto loans with terms of up to 72 months. Lenders that offer longer terms can offer larger loan amounts and lower monthly payments. However, remember that the longer the term of your loan, the more interest you will pay.
Yes, Honda Financial Services charges a loan origination fee .
Yes, Honda Financial Services charges borrowers with a late payment penatly fee.
Yes, Honda Financial Services does charge borrowers a penalty fee if they pay their loans early. Consider prepayment penalty fees when you choose a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.
Honda Financial Services requires borrowers to have a credit score of at least 650 to apply.
To qualify, applicants must provide the following documentation:
Honda Financial Services will typically approve (or deny) a loan application within 24 hours and fund auto loans within 1 and 7 days of approval