Mariner Finance Car Loans Review

Mariner Finance Car Loans is offered by Mariner Finance LLC, a direct lender founded in 2002 and based in Baltimore, MD. Mariner Finance Car Loans is available in 20 states across the USA.

How much can you borrow via Mariner Auto finance?

Mariner Auto finance loan amounts start at $500 and go up to $50,000.

What APR does Mariner Auto finance offer on its car loans?

Mariner Auto finance offers a fixed apr car loan product that ranges from 3% APR up to 36% 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 Mariner Auto finance?

Mariner Auto finance has car loans with terms ranging from 12 to 72 months. Having the option of longer terms -- terms can range up to 144 months -- allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.

Does Mariner Auto finance charge an origination fee?

Yes, Mariner Auto finance may charge a loan origination fee.

Does Mariner Auto finance charge a late fee?

Yes, Mariner Auto finance charges borrowers with a late payment penatly fee

Does Mariner Auto finance charge prepayment fees?

No, Mariner Auto finance will not charge you a fee for paying your loan early. Whenever possible choose lenders like Mariner 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 Mariner Auto finance loan?

Yes, you can. Mariner 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 Mariner Finance Car Loans?

Applicants with a credit score of at least 600 and up to 850 may be eligible for Mariner Finance Car Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Mariner Finance Car Loans does not have or does not disclose a minimum annual income eligibility requirement. Mariner Finance Car Loans only considers borrowers who are employed. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

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 Mariner Finance Car Loans. Their rates fall within the limits of The Military Lending Act.

Permanent resident / green card holders are also eligible to apply.

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

• Recent pay stubs
• Driver's license
• Proof of citizenship or residence permit

What is the estimated funding time for a car loan via Mariner Auto finance?

Mariner Auto finance will typically approve (or deny) a car loan application within 24 hours and fund the car loan within 7 business days of approval.

Does Mariner Finance Car Loans report your account activity to credit bureaus?

Yes, Mariner Finance Car Loans reports your account activity to the following credit reporting agencies:

• Equifax
• 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.