myAutoloan Car LoanClaimed
in Auto Loans from myAutoloan
Mostly not recommended
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|Community Rating||Mostly not recommended|
|Loan Amount||$8,000 - $100,000|
|APR (Fixed APR)||2.19% - 24.9%|
|Credit Score Range||500 - 850|
|Loan Term||Up to 84 months|
myAutoloan Car Loan Review
myAutoloan Car Loan is offered by myAutoloan, a marketplace lender founded in 2003 and based in Irving, TX. myAutoloan Car Loan is offered in 48 states (and Washington, DC).
How much can you borrow via myAutoloan Car Loan?
myAutoloan Car Loan auto loan amounts start at $8,000 and go up to $100,000.
What APR does myAutoloan Car Loan offer on its auto loans?
myAutoloan Car Loan offers a fixed APR auto loan product that ranges from 2.19% APR up to 24.9% 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 loan term you can get with myAutoloan Car Loan?
myAutoloan Car Loan has auto loans with a maximum term of 84 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 myAutoloan Car Loan charge an origination fee?
Yes, myAutoloan Car Loan may charge a loan origination fee.
Does myAutoloan Car Loan charge a late fee?
Yes, myAutoloan Car Loan charges borrowers with a late payment penatly fee
Does myAutoloan Car Loan charge prepayment fees?
No, myAutoloan Car Loan will not charge you a fee for paying your loan early. Whenever possible choose lenders like myAutoloan Car Loan 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 myAutoloan Car Loan loan?
Yes, you can. myAutoloan Car Loan does not charge a prepayment fee, so you can save money by paying your auto loan early.
What do you need to qualify for myAutoloan Car Loan?
Applicants with a credit score of at least 500 and up to 850 are eligible for myAutoloan Car Loan. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
To qualify for auto loans with myAutoloan Car Loan, applicants need a minimum annual income of $21,600 or higher. myAutoloan Car Loan will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.
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 myAutoloan Car Loan. Their rates fall within the limits of The Military Lending Act.
U.S. citizens, permanent residents, and non-residents can all apply for a myAutoloan Car Loan loan.
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 an auto loan via myAutoloan Car Loan?myAutoloan Car Loan will typically approve (or deny) an auto loan application within 24 hours and fund the loan within 7 business days of approval.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|No Prepayment Fee|
|Credit Score Range||
500 - 850
|Immigration Status Considered||
|Minimum Annual Income||$21,600|
|Employment Statuses Considered||
|Maximum Vehicle Age||10|
|Supported Income Types||
|Joint Loan Applications Accepted||
|Verification Documents Required||
|Loan Amount||$8K - $100K|
|Loan Term||Up to 84|
|APR (Fixed APR)||2.19% - 24.9%|