Mercedes-Benz Financial Services is based in Fort Worth, TX. It was founded in 2000 and offers auto loans in 50 states (and Washington, DC).
Mercedes-Benz Financial Services offers auto loans with APRs starting at 2.99%. 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.
Mercedes-Benz Financial Services 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.
Yes, Mercedes-Benz Financial Services may charge a loan origination fee.
Yes, Mercedes-Benz Financial Services charges borrowers with a late payment penatly fee
Yes, Mercedes-Benz Financial Services 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.
Applicants with a credit score of at least 650 can apply for a loan via Mercedes-Benz Financial Services. 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:
Mercedes-Benz Financial Services will typically approve (or deny) an auto loan application within 24 hours and fund the loan within 7 business days of approval.