SuperMoney 
  Peak Acceptance Auto Loan

Peak Acceptance Auto Loan

in Auto Loans from Peak Acceptance

Unaffiliated

Peak Acceptance Auto Loan

Unaffiliated

in Auto Loans from Peak Acceptance

SuperMoney Net Recommendation Score -100% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Strongly not recommended

0 users recommend
0 users are unsure
1 user doesn't recommend
Cast your vote
Cast your vote

Would you recommend Peak Acceptance Auto Loan to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Community Rating Strongly not recommended
Loan Amount $5,000 - $50,000
APR  (Fixed APR) Up to 10%
Credit Score Range 300 - 700
Loan Term 12 - 60 months

Peak Acceptance Auto Loan Review

Peak Acceptance Auto Loan is offered by Peak Acceptance, a financial services company founded in 2008 and based in Dallas, TX. Peak Acceptance Auto Loan is offered in 1 state across the USA.

How much can you borrow via Peak Acceptance Auto Loan?

Peak Acceptance Auto Loan auto loan amounts start at $5,000 and go up to $50,000.

What APR does Peak Acceptance Auto Loan offer on its auto loans?

Peak Acceptance Auto Loan offers a fixed APR auto loan product up to 10% 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 Peak Acceptance Auto Loan?

Peak Acceptance Auto Loan has auto loans with terms ranging from 12 to 60 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 loan, the more interest you will pay.

Does Peak Acceptance Auto Loan charge an origination fee?

Yes, Peak Acceptance Auto Loan may charge a loan origination fee.

Does Peak Acceptance Auto Loan charge a late fee?

Yes, Peak Acceptance Auto Loan charges borrowers with a late payment penatly fee

Does Peak Acceptance Auto Loan charge prepayment fees?

Yes, Peak Acceptance Auto Loan 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.

Can I pay off early my Peak Acceptance Auto Loan loan?

Yes, you can. However, Peak Acceptance charges a prepayment fee if you pay your auto loan early. This fee could reduce or eliminate the savings from paying the auto loan early.

What do you need to qualify for Peak Acceptance Auto Loan?

Applicants with a credit score of at least 300 and up to 700 are eligible for Peak Acceptance Auto Loan. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Peak Acceptance Auto Loan does not have or does not disclose a minimum annual income eligibility requirement. Peak Acceptance Auto Loan only considers borrowers who are employed.

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 Peak Acceptance Auto Loan. Their rates fall within the limits of The Military Lending Act.

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 Peak Acceptance Auto Loan?

Peak Acceptance Auto Loan will typically approve (or deny) an auto loan application within 72 hours and fund the loan within 7 business days of approval.

SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Contact

About Peak Acceptance Auto Loan

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 1 state
Texas
Availabile in all of Texas

Feature Breakdown

Minimum Age 18
Credit Score Range 300 - 700
Immigration Status Considered
  • U.S. Permanent Resident
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Military Status
  • Active Duty Military
  • Non-Military
Joint Loan Applications Accepted
  • Cosigner
Verification Documents Required
  • Recent Pay Stubs
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
Loan Amount $5K - $50K
Loan Term 12 - 60 months
APR (Fixed APR) Up to 10%

Peak Acceptance Auto Loan Community Reviews

 
 

Would you recommend Peak Acceptance Auto Loan to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)